How do you calculate 3 divided by 4/5th?
1 answer:
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Option a is correct. The calculated answer is 0.150
<h3>How to get the value using the cdf</h3>In order to get P(0.5 ≤ X ≤ 1.5).
This can be rewritten as
p = 0.5
and P = 1.5
We have the equation as
This would be written as
1.5²/16 - 0.5²/16
= 0.1406 - 0.015625
= 0.124975
This is approximately 0.1250
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<h3>complete question</h3>Use the cdf to determine P(0.5 ≤ X ≤ 1.5).
a) 0.1250
b) 0.0339
c) 0.1406
d) 0.0677
e) 0.8750
f) None of the above
Answer:
Future value of annuity (FV) = $13,782.12 (Approx)
Step-by-step explanation:
Given:
Periodic payment p = $500
Interest rate r = 13% = 13%/4 = 0.0325 (Quarterly)
Number of period n = 5 x 4 = 20 quarter
Find:
Future value of annuity (FV)
Computation:
Future value of annuity (FV) = $13,782.12 (Approx)