Given rate is = 7% or 0.07
Total amount needed = $12000
Time = 4 years
Here, the deposit is compounded semiannually, means twice per year and this gives 8 annual compounding periods in 4 years.
The equation becomes:
P= 
P = 
Solving it, we get P = $ 9112.93
Hence $9112.93 should be deposited today.
Answer:
20
Step-by-step explanation:
y+4=−12(x−2)
Step 1: Add -4 to both sides.
y+4+−4=−12x+24+−4
y=−12x+20
The answer is B.
B is the answer because:
2(1)-8= -6
2(2)-8= -4
2(3)-8=-2
2(4)-8=0
It is a line that divides the space into two.. The line is y=-x-3
Answer:
Step-by-step explanation:
Given that the random variable X is normally distributed, with
mean = 50 and standard deviation = 7.
Then we have z= 
Using this and normal table we find that
a) 
b) When z=0.02
we get
c) 90th percentile z value =1.645
90th percentile of X 
