The amount needed in the account when Frost retires is given by the annuity formula. Compounding is 2 times per year.
.. A = Pi/(n(1 -(1 +r/n)^(-nt)))
.. 17900 = P*.08/(2*(1 -(1 +.08/2)^(-2*12)))
.. 17900 = P*.04/(1 -(1.04^-24))
.. P ≈ 272,920.64
The compound interest formula can be used to find the present value required. 4015 days is 11 years (ignoring leap years), so the amount to deposit can be calculated from
.. A = P*(1 +r/n)^(nt)
.. 272,920.64 = P*(1 +.08/2)^(2*11) = P*1.04^22
.. P ≈ 115,160.33
We don't know about the company's obligation to Robert. To fulfill its obligation to Frost, it must deposit 115,160.33 today.
Prob of selected students times prob of selecting boys times prob of selecting 3 boys
total students = 15b + 30g = 45 students
1. 10s/45t = 0.22
2. 15b/45t = 0.33
3. 3b/15b = 0.2
0.22×0.33×0.2=0.0148
1.48%
I'm not sure 100%... double check answer please
Answer:
14
Step-by-step explanation:
Hope this will help you....
Answer:
0r
Step-by-step explanation:
Since they all have r you can pretend it s not there and add it on at the end.
Now 10 - 5 is 5. 5 + 3 is 8. 8 - 8 is 0. tack the r onto the end and you get 0r.
Answer: 96/45
Step-by-step explanation: The answer is 96/12 because to divide fractions you reciprocate the second fraction and turn it into a multiplication problem.
8 times 12 = 96
9 times 5 = 45
96/45
