Answer:
$2191.12
Step-by-step explanation:
We are asked to find the value of a bond after 10 years, if you invest $1000 in a savings bond that pays 4% interest, compounded semi-annually.
, where,
,
r = Rate of return in decimal form.
n = Number of periods.
Since interest is compounded semi-annually, so 'n' will be 2 times 10 that is 20.






Therefore, the bond would be $2191.12 worth in 10 years.
Answer:
The correct option is 'c' <em>cross-multiplication</em>
Step-by-step explanation:
<h3>
The probability of picking a red face card from the deck is 
</h3><h3>
The probability of NOT picking a red face card from the deck is 
</h3>
Step-by-step explanation:
The total number of cards in the deck = 52
The total number of red( Diamond + Hearts) face cards in the given deck
= 2 Red Queens + 2 Red jacks + 2 Red kings = 6 cards
Let E : Event of picking a red face card from the deck
Now , P( any event) = 
So, here P(Picking a red face card) = 
Hence, the probability of picking a red face card from the deck is 
Now, as we know P (any event NOT A) = 1 - P(any event A)
So, P(NOT Picking a red face card) = 1 - P(Picking a red face card)
Hence, the probability of NOT picking a red face card from the deck is 