Answer:
seszjss
Step-by-step explanation:
Answer:
your answer would be 3/10.
Step-by-step explanation:
you divide both 9/30 by 3
Answer:
P(yellow the red) = 
Step-by-step explanation:
P(yellow and red) = P(yellow then red) + P(red then yellow)
P(yellow then red) = 
P(red then yellow) = P(yellow then red)
P(yellow and red) = 
Answer:
If these are the only two options, the most profitable is the first option (6% and 10 years).
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $3,000
Number of periods (n)= 10 years or 5 years
Interest rate (i)= 6% or 10%
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1 + i)^n
6% interest rate:
FV= 3,000*(1.06^10)
FV= $5,372.54
10% interest rate:
FV= 3,000*(1.1^5)
FV= $4,831.53
If these are the only two options, the most profitable is the first option (6% and 10 years).
