$394.51 is future value of money after 2 years.
What future value means?
- A current asset's future value (FV), which is based on an estimated rate of growth, is its value at a later time.
- Investors and financial planners use the future value to project how much an investment made now will be worth in the future.
The method that results in more money after 2 years is Peggy's investment.
Which method results in more money in 2 years?
The formula for calculating the future value of an investment:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
Future value of Larry's investment: $350 x [1 + (0.04/4)]^(4 x 2) = $379
Future value of Peggy's investment: $350 x [1 + (0.06/12)]^(12 x 2) = $394.51
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The probability according to the given scenario will be "
".
According to the question:
- The odds against winning the lottery are 48,000,000 to 1.
- Favorable outcome = 1
→ The total outcome will be:
= 
= 
As we know,
→ 
By putting the values, we get
→ 
Thus the above response is right.
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I think its B Because u have the total of pencils and how much they cost now u need to how know many pins you have to know how many they have in total
I think its 100.625... hope this helps :)
Answer:
(3, 8) and (9, 24) lie on the same line through the origin.
because (9, 24) is the result of dilatation of (3, 8) with scale factor 3.
(6, 21) is not the result, because 21 ≠ 2×8, even 6 = 2×3
