The answer is 17040.34
Check the annuity due formula
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Answer:
<em>There are a few ways to solve systems of equations. </em>
- <em>There are a few ways to solve systems of equations. substitution</em>
- <em>There are a few ways to solve systems of equations. substitutionelimination</em>
- <em>There are a few ways to solve systems of equations. substitutionelimination </em><em>Graphically</em>
<em>If you are looking at a multiple choice question use the ordered pair to plug into the answer choices and whichever one balances out will be your answer. To assist you further I would need more information from the problem. </em>
Step-by-step explanation:
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Answer:
10 years and 10 months.
Step-by-step explanation:
The annually interest rate (ia) can be converted by monthly (im) by the equation:
(1 + im)¹² = 1 + ia
(1 + im)¹² = 1 +0.01
(1 + im)¹² = 1.001 (putting ln in both sides)
ln(1 + im)¹² = ln1.001
12*ln(1 + im) = 1.0x10⁻³
ln(1 + im) = 8.33x10⁻⁵(applying "e in both sides)

1 + im = 1.00083
im = 0.00083 = 0.083%
For a investimenting, the final amount (A) can be calculated by:

Where R is the amount invested per month, i is the interest, and n the number of months:
160000 = 400 *
= 400
1.00083ⁿ - 1 = 0.332
1.00083ⁿ = 1.332 (applying ln in both sides)
n*ln1.00083 = ln1.332
8.3x10⁻⁴n = 0.2867
n = 345.4 months
345.4 months *1 yea12 months = 10 years and 10 months.
Answer:
The odds to get a blackjack (natural) as arrangement: 128 / 2652 = . 0483 = 4.83%. 4.83% is equivalent to about 1 in 21 blackjack hands.