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Answer: $ 82,531.59.
Step-by-step explanation:
Formula to calculate the accumulated amount compounded daily:
,where P=principal amount, t=time ( in days ), r =rate of interest.
Given: P= $51,123.21
r =
t= 20 years 2 months
[1 year = 365 days, 1 year = 12 months]
Substitute all values in the formula, we get
hence, future value = $ 82,531.59.
The coordinates of the point where asymptotes are crossing (3, 1)
0.92
Step-by-step explanation:
There are 4 cards in a deck of 52 cards that has a face value of 3. That means that the other 48 cards don't have a face value of 3. Therefore, the probability of picking a card of this deck that doesn't have a face value of 3 is