Answer: $58,088.57
Step-by-step explanation:
The investment is compounded weekly so you need to change the parameters of the equation to a weekly figure:
Interest rate is yearly so:
= 3.75%/52
= 3.75/52% per week
Number of periods is 4 years so:
= 4 * 52
= 208 weeks
Future value in 4 years is:
= 50,000 * ( 1 + 3.75/52%)²⁰⁸
= $58,088.57
6(x +y) -(a +b) = 6(-5) -(-5)
= -25
Answer:
0.141
Step-by-step explanation:
There are ₇C₁ ways to choose 1 woman from 7.
There are ₅C₃ ways to choose 3 men from 5.
There are ₁₂C₄ ways to choose 4 people from 12.
So the probability is:
₇C₁ ₅C₃ / ₁₂C₄
7 × 10 / 495
0.141
