The amount needed in the account when Frost retires is given by the annuity formula. Compounding is 2 times per year.
.. A = Pi/(n(1 -(1 +r/n)^(-nt)))
.. 17900 = P*.08/(2*(1 -(1 +.08/2)^(-2*12)))
.. 17900 = P*.04/(1 -(1.04^-24))
.. P ≈ 272,920.64
The compound interest formula can be used to find the present value required. 4015 days is 11 years (ignoring leap years), so the amount to deposit can be calculated from
.. A = P*(1 +r/n)^(nt)
.. 272,920.64 = P*(1 +.08/2)^(2*11) = P*1.04^22
.. P ≈ 115,160.33
We don't know about the company's obligation to Robert. To fulfill its obligation to Frost, it must deposit 115,160.33 today.
The sum of the first four composite numbers is 27. ( 4+6+8=9)
Answer:
5/6
Step-by-step explanation:
On a standard 6-sided die, there is only one 2. That means that there are 5 other numbers that it could land on (1, 3, 4, 5, 6).
Using that information, the probability of it not landing on a 2 is 5 out of 6 or 5/6. This is because you must do part over whole. The "part" in this situation is the 5 "wanted" numbers, and the "whole" is 6 because there are six potential numbers that it could land on.
I hope this helps.
Apparently there's no solution?? i tried solving it, and i also used a special calculator, but no solution came up
