The formula is
A=p (1+r)^t
A future value
P present value
R interest rate
T time
To find the present value solve the formula for p
P=A÷(1+r)^t
The present value if you can earn
5.5% is
P=25,000÷(1+0.055)^(6)
P=18,131.15
The present value if you can earn 5% is
P=25,000÷(1+0.05)^(6)
p=18,655.38
The difference
18,655.38−18,131.14
=524.24. .....answer
I don’t think they gave u all the information srry bro
Answer:
1 in 144
Step-by-step explanation:
There is one 8 on a 12-sided die, so the probability of rolling an 8 once is .
We are rolling twice, so .
Answer:
It is stratified random sampling.
Step-by-step explanation:
Stratified random sampling is a method of sampling that involves the division of a population into smaller sub-groups known as <em>strata.</em>
The strata are formed based on members' shared attributes or characteristics, in this case their race.
Stratified random sampling is also called <em>proportional random sampling</em> or <em>quota random sampling</em>