Answer:
1. a certificate of deposit
2. multiply the principal by the interest rate and time
Step-by-step explanation:
1. A CD is a savings vehicle called a "Certificate of Deposit." It generally specifies a certain rate of interest for a given period of time. It usually carries an interest penalty for early withdrawal.
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2. The interest on a CD is calculated the way it is calculated for any other investment. The amount of interest in a given time is the product of the principal, the interest rate, and the time period. Interest on a CD with a period of more than 1 year is generally compounded. (The compounding interval will be part of the terms of the CD agreement.)
Answer:
Check the explanation
Step-by-step explanation:
Let 
be the indicator random variable that takes the value 1 if the ith coin is the first coin in a sequence of 19 consecutive heads.
For any sequence of length 19, the starting coin can be from toss i ,
such that i is between 1 and n - 19+1
Thus the number of such sequences is
Kindly check the attached image below for the step by step explanation to the question above.
Answer:
z = -6
Step-by-step explanation:
Hope this helps.
