Future Value = Present Value*(1 + interest rate)^(# of years)
Future Value = $2,000(1+0.08)^1
Future Value = $2,000(1.08) = $2,160
To find the interest on the loan, we need to do our Future Value - Present Value.
Future Value - Present Value = $2,160 - $2,000 = $160
Answer:
yes your answer is correct
Answer:
0.6 as a decimal or 3/5 as a fraction
Step-by-step explanation:
The answer is a because it is open circle
a. The marginal densities

and

b. This can be obtained by integrating the joint density over [0.25, 1] x [0.5, 1]:
