SOLUTION
Given the question in the image, the following are the solution steps to answer the question.
STEP 1: State the number of outcomes possible for three tossing of a coin
Since a coin has two possible outcomes and is tossed three times, the total outcomes will be:
STEP 2: Find the number of sample spaces for the three tosses
STEP 3: Get the outcomes of the events for which the second toss is tails
Hence, the answers are given as:
Sample Space:
The event that the second toss is tails:
20 000 * 0.08(8%)= 1600
1600 * 20(years) = 32 000
Therefore you would have $32 000 after 20 years
Answer:
8
Step-by-step explanation:
Length = 2x-4
Width = x+1
Let x=3 and find the length and width
Length = 2*3-4 = 6-4 =2
Width = x+1= 3+1 =4
The area is given by
A = l*w = 2*4 = 8
Answer:
c
Step-by-step explanation:
you would do
m = money overall
(m*1.08) +3000= you would do that twelve times
Answer:
YTM = 5.45%
Step-by-step explanation:
Here, we are interested in calculating the yield to maturity.
Mathematically;
Annual coupon=1000*4.3%=43
YTM=[Annual coupon+(Face value-Present value)/time to maturity]/(Face value+Present value)/2
=[43+(1000-870)/18]/(1000+870)2
=5.45%
