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dangina
4 days ago
6

An investment of $7,650 earns interest at the rate of 5% and is compounded quarterly. What is the accumulated value of the inves

tment at the end of 9 years?
a.
$11,964.17
b.
$11,867.66
c.
$9,338.56
d.
$8,554.94
Mathematics
2 answers:
zzz [4K]4 days ago
8 0
FV = P(1 + r/t)^nt, where P denotes the principal amount, r is the interest rate, t is the frequency of compounding per year, and n is the total number of years.

Calculating: FV = 7650(1 + 0.05/4)^(9 x 4) = 7650(1 + 0.0125)^36 = 7650(1.0125)^36 = 7650(1.564) = $11,964.17

PIT_PIT [3.9K]4 days ago
5 0
A = P * ( 1 + r ) ^{t} \\ A = 7,650 * ( 1 + \frac{0.05}{4y}) ^{9*4}= \\ =7,650 * 1.0125 ^{36}= \\ 7,650 * 1.56394 =11,964.17
Response:
A ) $11,964.17
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Three people toss a fair coin and the odd one pays for coffee. if the coins all turn up the same, they are tossed again. find th
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In the absence of a specific question posed, below are the potential inquiries along with their respective answers:

P(fewer than 4 tosses)
= P(one toss) + P(two tosses) + P(three tosses)
= (3/4) + (3/4)(1/4) + (3/4)(1/4)^2
= 0.984375


Expected value
= 1 / p
= 1 / (3/4)
= 4 / 3

Variance
= (1 - p) / p^2
= (1 - (3/4)) / (3/4)^2
= (1/4) / (9/16)
= 4 / 9

Standard deviation
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= sqrt(4 / 9)
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8 0
7 days ago
What is the nearest ten thousand, the population of Vermont was estimated to be about 620,000 in 2008 . What might have been the
AnnZ [3900]

Answer:

The exact population of Vermont in 2008 could have been around 618,000

Step-by-step explanation:

* Here's how rounding to the nearest ten thousand works:

- Numbers ending with the last four digits between 0001 and 4999 are rounded down to the nearest lower multiple of ten thousand

- Example: 83,525 rounds down to 80,000.

- If the last four digits are 5000 or above, round up to the next higher ten thousand

- Example: 58,988 rounds up to 60,000

* Applying this rule to the problem given:

Since the rounded population is 620,000 to the nearest ten thousand, the actual population could be any value with the last four digits from 0001 to 4999 (like 618,000) or from 5000 upwards (like 624,000).

Therefore, 618,000 might represent the actual population of Vermont in 2008

6 0
15 days ago
Explain the steps for dividing decimals. Write three or four sentences.
PIT_PIT [3949]

Response:

Step-by-step explanation:

Shift the decimal points in both the divisor and the dividend.

Transform the divisor (the number you're dividing by) into a whole number by moving its decimal to the furthest right. Simultaneously, adjust the dividend's decimal (the number being divided) the same number of places to the right.

In the quotient (the result), place a decimal point directly over where the decimal point is now located in the dividend.

Proceed with the division as normal, ensuring proper alignment so the decimal point appears correctly.

Align each digit in the quotient directly over the last digit of the dividend utilized in that step.

4 0
7 days ago
Read 2 more answers
A box has 14 camera of which 6 are refurbished and 8 are new. If four of these 14 cameras are selected at random without replace
Leona [4187]

Answer:

160/1001, 175/1001

Step-by-step explanation:

i) We calculate:

₈C₁ methods to select 1 new camera from a selection of 8

₆C₃ methods to select 3 refurbished cameras from a selection of 8

₁₄C₄ methods to select 4 cameras from the total of 14 cameras

The probability formula is:

P = ₈C₁ ₆C₃ / ₁₄C₄

P = 8×20 / 1001

P = 160 / 1001

P ≈ 0.160

ii) For at most one new camera, it means we want either one new camera or none at all. We've calculated the probability of selecting one new camera already. The probability of not selecting any new camera is equivalent to selecting 4 refurbished cameras:

P = ₆C₄ / ₁₄C₄

P = 15 / 1001

Therefore, the combined probability is:

P = 160/1001 + 15/1001

P = 175/1001

P ≈ 0.175

4 0
10 days ago
The equation f = v + at represents the final velocity of an object, f, with an initial velocity, v, and an acceleration rate, a,
PIT_PIT [3949]
<span>Starting with the equation f = v + at

Subtract v on both sides:

f - v = at

Divide both sides by a:

(f - v) / a = t

Swap the sides:

t = (f - v) / a

t = \dfrac{f - v}{a}</span>
4 0
14 days ago
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