Answer:
Amount she would have in 2 years at a simple interest of is
$5000 + ($5000 x 0.048 x 2) = $5480
Amount she would have in 2 years at a 4.1 % / year compounded semi- annually is :
$5000 x ( 1 +0.041/2)^4 = $5422.78
the first option yields a higher value in two years when compared with the second option. Thus, the first option is the best one to choose
Step-by-step explanation:
Future value with simple interest = principal + interest
Interest = principal x interest rate x time
0.048 x 5000 x 2 = 480
future value = $480 + 5000 = $5480
The formula for calculating future value with compounding:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
5000 x ( 1 + 0.041 / 2)^(2 x 2) = $5422.78
(a) without replacement:
P(S)=13/52=1/4
P(SS)=(1/4)*(12/51)=1/17
Probability of selecting two spades without replacement is 1/17.
(b) with replacement
P(S)=13/52=1/4
P(SS)=(1/4)(13/52)=1/16
Probability of selecting two spades with replacement is 1/16.
Answer:
- 508
Step-by-step explanation:
The n th term of an arithmetic sequence is
= a₁ + (n - 1)d
where a₁ is the first term and d the common difference
Here a₁ = - 28 and d = - 34 - (- 28) = - 34 + 28 = - 6, thus
= - 28 + (- 6 × 80) = - 28 - 480 = - 508
Answer: Your answers ×=5 !
Answer:
128 students in total
Step-by-step explanation:
25/100 = 1/4
1/4 = 32/ x
1 x 32