Two fair 6-sided dice are rolled one at a time. Find the probability that
1 answer:
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Answer: B) 46
<u>Step-by-step explanation:</u>
We are looking for the sum of terms 2 through 5. One option is to find each term and then add them up.
Answer:
Step-by-step explanation:
The compounding formula for this is
where A(t) is the amount after all the compounding is done, P is the initial investment, r is the interest rate as a decimal, n is the number of times the interest compounds per year, and t is the time in years. For us, our n is 2, since the money compounds every 6 months, and 6 months goes into 1 year 2 times. Our formula then is:
which simplifies a bit to
which simplifies a bit more to
Raise 1.06 to the power of 18 and then multiply the 2 numbers together:
A(t) = 823(2.854339153) so
A(t) = 2349.12