Given Information:
Years = t = 35
Semi-annual deposits = P = $2,000
Compounding semi-annually = n = 2
Interest rate = i = 6.5%
Required Information
Accumulated amount = A = ?
Answer:
Accumulated amount = $515,827
Step-by-step explanation:
The future value of amount earned over period of 35 years and interest rate 6.5% with semi-annual deposits is given by
FV = PMT * ((1 + i/n)^nt - 1)/(i/n))
Where
n = 2
i = 0.065
t = 35
FV = 2000*((1 + 0.065/2)^2*35 - 1)/(0.065/2))
FV = 2,000*(257.91)
FV ≈ $515,827
Therefore, Anthony will have an amount of $515,827 when he retires in 35 years.
Answer:
Step-by-step explanation:
I think it was √(a^2+b^2. I think.
Answer:
dependent events since P(A and B) is not equal to P(A) * P(B)
Step-by-step explanation:
According to the Question,
- Given, The probability that Jane will go to a ballgame (event A) on a Monday is 0.73, and the probability that Kate will go to a ballgame (event B) the same day is 0.61. The probability that Kate and Jane both go to the ballgame on Monday is 0.52.
Thus, The events A, B and A∩B are:
A - Jane will go to a ballgame on Monday;
B - Kate will go to a ballgame on Monday;
A∩B - Kate and Jane both go to the ballgame on Monday.
- P(A)=0.73, P(B)=0.61, P(A∩B)=0.52.
- Pr(A)⋅Pr(B) = 0.73⋅0.61 = 0.4453 ≠ 0.52
So, events A and B are dependent events since P(A and B) is not equal to P(A) * P(B)
Answer:
A
Step-by-step explanation:
Round and estimate the sum.
3.41 + 8.051
3 + 8 = 11
3.65 + 7.992
4 + 8 = 12
4.25 + 8.103
4 + 8 = 12
4.89 + 7.431
5 + 7 = 12
The first option is correct.
