Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
Step-by-step explanation:
Giving the following information:
Joshua:
Initial investment (PV)= $750
Interest rate (i)= 0.0341/4= 0.008525
Number of periods (n)= 18*4= 72 quarters
Josiah:
Initial investment (PV)= $750
Interest rate (i)= 0.0285
Number of periods (n)= 18 years
To calculate the future value of each one, we need to use the following formula:
FV= PV*(1 + i)^n
Joshua:
FV= 750*(1.008525^72)
FV= $1,381.98
Josiah:
FV= 750*(1.0285^18)
FV= $1,169.74
Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
Answer:
yes it will......I'm not to sure
Answer:
P(A|B) = 0.30
Step-by-step explanation:
P(A) = 0.30
P(B) = 0.60
To Find:
P(A|B) = ?
P(A|B) means probability of occurring of event A when event B has occurred.
P(A|B) = P(A∩B)/P(B)
We know that for independent events;
P(A∩B) = P(A).P(B)
So, we have:
P(A|B) = P(A).P(B)/P(B)
P(A|B) = P(A)
So, probability of occurrence of an independent event does not depend on the probability of a different event.
Answer:
II. int z;
Step-by-step explanation:
int z;
is the best option, because on the next line you will define the variable as
z = (x + y) / 2;
you can also use int z=0; but it is not necessary according to the code segment given.
