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enyata [817]
3 years ago
12

What is the future value of $1,740 in 16 years assuming an interest rate of 6.75 percent compounded semiannually?

Mathematics
1 answer:
schepotkina [342]3 years ago
3 0
Fv=p(1+0.0675/2)^2*16
Fv=p(1+0.0675/2)^32
Fv=5,033.22
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a boat costs 11,850 and decreases in value by 10% per year. how much will the boat be worth after 8 years
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V = $11850(1+0.10)^8

But if the boat is losing value (depreciating) over time, we'd calculate its final value like this:

V = $11850(1-0.10)^8  =  $11850(0.90)^8 = $11850(0.4305) = $5101.04 (answer)
5 0
3 years ago
#11 Write the decimal<br> 1.0056 in word form.
malfutka [58]

Answer: One and fifty six thousandths

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8 0
3 years ago
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Andrei [34K]
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5 0
3 years ago
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A box contains 3 coins. One coin has 2 heads and the other two are fair. A coin is chosen at random from the box and flipped. If
Blababa [14]

Answer: Our required probability is \dfrac{1}{2}

Step-by-step explanation:

Since we have given that

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So, Probability of getting head from fair coin = \dfrac{1}{2}

Probability of getting head from baised coin = 1

Using "Bayes theorem" we will find the probability that it is the two headed coin is given by

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Hence, our required probability is \dfrac{1}{2}

No, the answer is not \dfrac{1}{3}

5 0
3 years ago
What is 150% as a fraction
Helen [10]
150% as fraction is 150/100 = 15/10 = 3/2 and thats the simplest form :)))
i hope this is helpful 
have a nice day 
6 0
3 years ago
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