To answer this item, we are to use the concept of combination. The equation is as follows,

nCr = (n!)/((r!)(n - r))!

Substituting the known values in the equation,

3C2 = 3!/(2!)(3-2)! = 3

Hence, the answer to this item is 3.

<em>ANSWER: 3</em>

7 0

3 years ago

If $360 is invested at an interest rate of 13% per year and is compounded continuously, how much will the investment be worth in

Vlada [557]

Answer:

none of the above; $531.71

Step-by-step explanation:

Fill in the given numbers and do the arithmetic.

A = $360·e^(0.13·3) = $360·e^0.39 ≈ $360·1.1.47698

A ≈ $531.71

___

None of the offered choices is correct. Have your teacher show you how this problem is worked.

_____

Answer choice c) is approximately correct for an interest rate of 16%. The correct value would be $581.79.

5 0

3 years ago