Hello from MrBillDoesMath!
Answer:
Arithmetic
Discussion:
First glance at the numbers shows each term is 1 larger than the preceding terms. So we are adding the constant 1 to each term to get the next term. This is an arithmetic progression.
Thank you,
MrB
Put it in slope form: y=mx+b
8y= 4x-16
Divide by 8
Y = 1/2x -2
1/2 is x intercept and -2 is y intercept
Answer: 0.98630136986
Step-by-step explanation:
There are 365 possible birthdays. The key to assigning the probability is to think in terms of complements: “Two (or more) people share a birthday” is the complement of “All people in the group have different birthdays.” Each probability is 1 minus the other. What is the probability that any two people have different birthdays? The first person could have any birthday (p = 365÷365 = 1), and the second person could then have any of the other 364 birthdays (p = 364÷365). Multiply those two and you have about 0.9973 as the probability that any two people have different birthdays, or 1−0.9973 = 0.0027 as the probability that they have the same birthday. If you have a group of five, it would mean your equation would have to be (p=360÷365)
Answer: 1: multiply the numbers
2: Evaluate the exponent
3: solution 159/16
Step-by-step explanation:
Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
Step-by-step explanation:
Giving the following information:
Joshua:
Initial investment (PV)= $750
Interest rate (i)= 0.0341/4= 0.008525
Number of periods (n)= 18*4= 72 quarters
Josiah:
Initial investment (PV)= $750
Interest rate (i)= 0.0285
Number of periods (n)= 18 years
To calculate the future value of each one, we need to use the following formula:
FV= PV*(1 + i)^n
Joshua:
FV= 750*(1.008525^72)
FV= $1,381.98
Josiah:
FV= 750*(1.0285^18)
FV= $1,169.74
Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
