Answer:
C
Step-by-step explanation:
We are asked to determine the present value of an annuity that is paid at the end of each period. Therefore, we need to use the formula for present value ordinary, which is:

Where:

Since the interest is compounded semi-annually this means that it is compounded 2 times a year, therefore, k = 2. Now we need to convert the interest rate into decimal form. To do that we will divide the interest rate by 100:

Now we substitute the values:

Now we solve the operations, we get:

Therefore, the present value must be $39462.50
Answer:
D. -11/12
Step-by-step explanation:
I hope this helps you
x^2+4x+3=2x+6
x^2+2x-3 =0
x +3
x -1
(x+3)(x-1)=0
x+3=0 x= -3
x-1=0 x=1
The probability that both of the students are on Team D is about 5.56%
There are 4 teams, so the first person has a 1/4 chance of being on Team D.
However, for the second person, there are only 6 spots left out of 27 to be on Team D.
To find the combined probability, we need to multiply the two fractions.
1/4 times 6/27 = 1/18 or about 5.56%