Answer: It will take it 3 seconds before getting to the chicken
The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
The answer the the question Is 5
The correct answer is A. You flip a two-sided coin.
the fairest answer would be A. you flip a two-sided coin. a randomly generated number would not be fair, and your mom choosing would also not be fair, therefore the answer is You flip a two-sided coin.
good luck :)
