Answer:
$95.5090 must be deposited monthly
Step-by-step explanation:
From the information given:
The annual interest rate (r) = 4.2% = 0.042
Let assume that an amount Y is deposited, then after one month, it will increase to:

The total amount after 4 years will be:


Using the sum of a geometric progression:


The above amount is then equal to $5000
i.e


Answer:
0.98
Step-by-step explanation:
The investment starts at $10,000.
$10,000 is 100% of the investment.
In the first year, it loses 2% of its value. That means that after 1 year, the value of 100% of $10,000 is decreased by 2% of $10,000.
100% - 2% = 98%
After the first year, the investment is worth 98% of the original value.
98% as a decimal is 0.98
Answer: 0.98
Answer:
Cartesian product
Step-by-step explanation:
The Cartesian product of two sets, X and Y, denoted by X × Y, is the set of all ordered pairs (x, y), where x is an element of X and y is an element of Y: 8 (2.4.1) X × Y = { (x, y) ∣ x ∈ X ∧ y ∈ Y } For example, if Children = { Peter, Mark, Mary }, and Parents = { Paul, Jane, Mark, Mary }, then
I got the same book with those same answers ima bout to get it ok
The correct answer is 2 1/6.
Good Luck...:)