Answer:
A).Amount = $218250
B). Amount = $88700
Step-by-step explanation:
A) .$5000 in an account at age 23, and withdraw it 42 years
Number of years t= 42 years
Principal P = $5000
Rate r= 9%
Number of times compounded n= 42
A= p(1+r/n)^(nt)
A= 5000(1+0.09/42)^(42*42)
A= 5000(1+0.002143)^(1764)
A= 5000(1.002143)^1764
A= 5000(43.65)
A= 218250
Amount = $218250
B).waits 10 years before making the deposit, so that it stays in the account for only 32 years
Number of years t= 32 years
Principal P = $5000
Rate r= 9%
Number of times compounded n= 32
A= p(1+r/n)^(nt)
A= 5000(1+0.09/32)^(32*32)
A= A= 5000(1+0.0028125)^(1024)
A= 5000(1.0028125)^1024
A= 5000(17.74)
A= 88700
Amount = $88700
Answer:
6
Step-by-step explanation:
The answer is c because it reflect a reflection over the x axis making it look like a M
He drove 260 miles. Hope this helps
Since the order matters Person A and B can be chosen as AB (A pres B vice pres) or BA (B president A Vice president)
When the order matters we are talking about permutations. How many permutations of 11 taken 2 at a time are there.
It can be written like this 11nPr 2
It means start at 11 and multiply by the next lower number
11 x 10 = 110 ways they can choose.
Extension of the concept:
If there had been three positions President, Vice President, and Treasurer
then it would be 11nPr3 or 11 x 10 x 9
Once again the answer to your problem is 110.
