Answer:
$120
Step-by-step explanation:
The formula of the future value of annuity due is
A=p [(1+r/k)^(kn)-1)/(r/k)]×(1+r/k)
A future value of annuity due
P payment 125
R interest rate 0.0375
K compounded monthly 12
N time 8 years
Solve for A
A=125×(((1+0.0375÷12)^(12
×8)−1)÷(0.0375÷12))×(1
+0.0375÷12)
=14,012.75
Y= 12 - 2x-2x-2x-2x so it will be Ben Ben this d in your mouth ah ah 12=2x
Answer:
And if we solve for a we got
Step-by-step explanation:
Let X the random variable that represent the lenght time it takes to find a parking space at 9AM of a population, and for this case we know the distribution for X is given by:
Where
and
For this part we want to find a value a, such that we satisfy this condition:
(a)
(b)
As we can see on the figure attached the z value that satisfy the condition with 0.7 of the area on the left and 0.3 of the area on the right it's z=0.524
If we use condition (b) from previous we have this:
But we know which value of z satisfy the previous equation so then we can do this:
And if we solve for a we got