Answer:
When using formulas in application, or memorizing them for tests, it is helpful to note the similarities and differences in the formulas so you don’t mix them up. Compare the formulas for savings annuities vs payout annuities.
Savings Annuity Payout Annuity
P
N
=
d
(
(
1
+
r
k
)
N
k
−
1
)
(
r
k
)
P
0
=
d
(
1
−
(
1
+
r
k
)
−
N
k
)
(
r
k
)
PAYOUT ANNUITY FORMULA
P
0
=
d
(
1
−
(
1
+
r
k
)
−
N
k
)
(
r
k
)
P0 is the balance in the account at the beginning (starting amount, or principal).
d is the regular withdrawal (the amount you take out each year, each month, etc.)
r is the annual interest rate (in decimal form. Example: 5% = 0.05)
k is the number of compounding periods in one year.
N is the number of years we plan to take withdrawals
Answer:
You could talk on the phone for 200 minutes at night, or 40 minutes during the day.
For every 5 minutes you reduced your night time talking, you could talk during the day for 1 minute.
Step-by-step explanation:
0.50d + 0.10n < $20
0.50d < $20 --> d < 40 minutes
0.10n < $20 --> n < 200 minutes
Answer:
See explanation
Step-by-step explanation:
There are 14 green, 12 orange and 19 purple tennis balls in the bag,
balls in total.
A. The propbabilities that
a randomly chosen ball from the bag is green 
a randomly chosen ball from the bag is orange 
a randomly chosen ball from the bag is purple 
A probability model for choosing a tennis ball from the bag is
B. Suppose a tennis ball is randomly selected and then replaced 75 times. You can expect that orange ball appear
times
Answer:
=2
hope it helps!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Answer:
ok so basically...idk how to explain it but i'll give u an example l-8l = 8 or l8l or l-6l = l6l, i don't know if u understand me, but basically it's like the.....opposite of that number or the absolute value
