Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Monthly deposit= $100
Interest rate= 0.06/12= 0.005
Number of periods= 12*5= 60 months
<u>a)</u>
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.005^60) - 1]} / 0.005
FV= $6,977
b) <u>If the deposit is at the beginning of the month, the interest is compounded one more period</u>. We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= 6,977 + {[100*(1.005^60)] - 100}
FV= 6,977 + 35
FV= $7,012
Answer:
the answer is C
Step-by-step explanation:
The probability of spinning on yellow would be 1/3 because this is broken into 3 pieces and that would be the probability of something that has been broken into 3 pieces, and 1/3 in decimal form would be 0.33.
The probability of spinning a blue would be 1/2 because the blue is broken into 1/2 of the spinner, therefore the probability of spinning a blue would be 1/2, and 1/2 in decimal form would be 0.5.
Therefore your answers are,
Blue=0.5
Yellow=0.33
Answer:
The answer is 2
From the function when the input is 2 the output is -7. The inverse reverses the order so the input will be -7 and the output will be 2.
Answer:
1 / 8
Step-by-step explanation:
So there are 8 marbles in all.
The probability of getting a purple is 1 / 2
The probability of getting a green is 1 / 4
1 / 2 * 1 / 4 = 1 / 8
There is a 1 / 8 chance.
