Answer:
$1480.24
Step-by-step explanation:
This will be solved by the formula:
Where
FV is the future value (what we are looking for)
I is the initial amount (which is $1000)
r is the rate of interest per period (8% is annual interest, but the period is SEMI-ANNUAL, that's 6 months, half of yearly. So r would be half of 8%, which is 4% or r = 0.04)
t is the times compounding occurs in the whole time (The whole time period is 5 years, but compounding occurs semi-annually, so 5*2 = 10 times. Thus, t = 10)
<em>plugging the info into the formula we will get our answer.</em>
<em>
</em>
<h2>⚠ANSWER⚠ </h2>
<em>Dependent event is when two events are dependent events, one event influences the probability of another event whereas independent event has no effect on the probability of another event occurring. </em>
↪DEPENDENT EVENT
When two events are dependent events, one event influences the probability of another event. A dependent event is an event that relies on another event to happen first. Dependent events in probability are no different from dependent events in real life. If you want to attend a concert, it might depend on whether you get overtime at work. if you want to visit family out of the country next month, it depends on whether or not you can get a passport in time. More formally, we say that when two events are dependent, the occurrence of one event influences the probability of another event.
Simple examples of dependent events
- Robbing a bank and going to jail.
- Not paying your power bill on time and having your power cut off.
- Boarding a plane first and finding a good seat.
- Parking illegally and getting a parking ticket.
↪INDEPENDENT EVENT
An independent event is an event that has no connection to another event’s chances of happening (or not happening). In other words, the event has no effect on the probability of another event occurring. Independent events in probability are no different from independent events in real life. Where you work has no effect on what color car you drive. Buying a lottery ticket has no effect on having a child with blue eyes.
When two events are independent, one event does not influence the probability of another event.
Simple examples of independent events
- Owning a dog and growing your own herb garden.
- Paying off your mortgage early and owning a Chevy Cavalier.
- Winning the lottery and running out of milk.
- Buying a lottery ticket and finding a penny on the floor.
<u>☆</u><u>.</u><u>.</u><u>.</u><u>hope this helps</u><u>.</u><u>.</u><u>.</u><u>☆</u>
He scored 24 points which means that after scoring the 4 three pointers, he would have to score another 4 three pointers (12 points)
Answer: All real numbers less than or equal to 3.
Explanation: I took a test with this question and got it right.
