I don't quite remember how to do this check up
1 answer:
A calculator says,
a) account balance: $208.12, so interest earned = $8.12
b) account balance: $1040.60, so interest earned = $40.60
c) account balance: $83,248.32, so interest earned = $3,248.32
_____
The compound interest multiplier for one year is (1 +r/n)^n, where r is the annual rate and n is the number of compoundings in a year. For this problem, you have r=.04, n=4.
a) account balance: $208.12, so interest earned = $8.12
b) account balance: $1040.60, so interest earned = $40.60
c) account balance: $83,248.32, so interest earned = $3,248.32
_____
The compound interest multiplier for one year is (1 +r/n)^n, where r is the annual rate and n is the number of compoundings in a year. For this problem, you have r=.04, n=4.
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Answer:
Bren=5 years
Tom=7yrs
Sally=4 yrs
Kate=8years
Step-by-step explanation:
-Let Bren's current age be x, therefore Tom is x+2
-Let Sally's current age be y, therefore Kate is 2y
-Also, given that:
#We calculate the ages one year ago of Tom and Sally:
#Substitute for x in i;
Answer:
Option D) 50
Step-by-step explanation:
We are given the following information in the question:
p = 0.5
Sample size,n = 100
We have to find the expected value of the distribution.
Formula:
Putting the values, we get,
The expected value of this distribution is 50.