Answer:
FYAB gives a better deal.
Step-by-step explanation:
Compound interest:
Continuously compounded interest:
For the quarterly compounded interest, r = 0.25%, and n = 4.
For the continuously compounded interest, r =0.23%
The quarterly compounded doubles in 277 years.
The continuously compounded doubles in 301 years.
Answer: FYAB gives a better deal.
Answer:
The probability that all the notes will be inserted into the correct envelopes is 1/6 or 0.166667.
Step-by-step explanation:
All the possible combinations are given by 3!=3x2x1=6. There are 6 possible ways in which the letters can be mailed. One of these ways is that the direction is correct. So the probability is 1/6=0.166667.
What exactly is it asking for
It would cost $1.07
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