The amount of money the person would have in 8 years s $2541.74.
<h3>How much would the person have in 8 years? </h3>
The formula for calculating future value is:
FV = P (1 + r)^nm]
Where:
FV = Future value
- P = Present value = $2000
- R = interest rate = 3% / 12 = 0.25%
- m = number of compounding = 12
- N = number of years = 8 years
Value of the account in 8 years with monthly compounding = $2000(1.0025)^(12 x 8) = $2541.74
To learn more about future value, please check: brainly.com/question/18760477
Numerical form is an actual number as opposed to a word.
"Seven" is not numerical form.
"7" is numerical form.
Answer: y = -1/2
Step-by-step explanation:
Subtract both sides by 7/8
y = 3/8 - 7/8
Then combine like terms
y = -4/8
Then simplify
y = -1/2
The probability of getting 0 heads in 4 tosses (or equivalently, 4 tails) is
.
So the desired probability is
Get them to have a common denominator. 100 is the common denominator, so change 7/10 and 3/5 to have a denominator of 100. 7/10=70/100 and 3/5=60/100. So from least to greatest it will go 8/100, 3/5, 7/10.
