Answer:
FV= $123,879.85
Step-by-step explanation:
Giving the following information:
Montlhy deposit (A)= $100
Monthly interest rate (i)= 0.09/12= 0.0075
Number of periods (n)= 12*26= 312 months
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.0075^312) - 1]} / 0.0075
FV= $123,879.85
He needs 3 Tickets to Win a Prize.27×2 is... And that's ur Answer
The area to the right of z = 1.35 is 0.0885 and the area to the left of -0.47 is 0.3192.
<h3>How to compute the values?.</h3>
Given z = 1.35
= 1- P(z < 1.35)
= 1- 0.9115
= 0.0885
The area to the left of -0.47 will be:
= 1 - P(z < 0.47)
= 1 - 0.6808
= 0.3192
Learn more about normal curve on:
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Answer:
= desaster
Step-by-step explanation:
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