Given:
• Amount to save, A = $28,000
,
• Time, t = 6 years
,
• Interest rate, r = 5.3% ==> 0.053
,
• Number of times compounded = quarterly = 4 times
Let's find the amount that must be deposited into the account quarterly.
Apply the formula:
Where:
FV is the future value = $28,000
r = 0.053
n = 4
t = 6 years
Thus, we have:
Let's solve for P.
We have:
Solving further:
Divide both sides by 28.0384237:
Therefore, the amount that must be deposited quarterly into the account is $998.60
ANSWER:
$998.60
We assume that male and female births are equally likely, it means that the probability of birth of male= probability of birth of female = 100%/2=50% or 0.5We have 2 independent events. So what will be the variants:
Male and FemaleMale and Male Female and Male Female and Female
All four variants are equally likely.Probability of each one is 1/4 = 0.25.So, Result "Female and Female"
are probability = 0.250 --- if round to three decimal places.
Answer:
john's just spend 2h out of 8 so thats equal 6h that means he have a 6h days
Step-by-step explanation:
2-8=6
4 gallons × y dollars/gallon=$6.76
4y=6.76
Divide both sides by 4
Y=$1.69
