Investments Suppose $3000 is invested in anaccount that pays 6% interest, compounded monthly.What is the future value of this investment after12 years?

Q: An individual makes 6 annual deposits of P2,000 in a savings account that pays interest rate of 4%…

A: Consider that the given annual deposit is P=2000 and the interest rate for two years is r=4%.  And…

Q: How much money will be in an accound at the end of 8 years if $7000 is deposited at 5% interest…

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Q: Please find the present value if the goal investment is $6,400 after 8 years at 8% compounded…

A: The investment goal is the future value (FV), which is $6,400. The formula to find the present…

Q: IFA3000 is investal al l0% compended undled continuesly,whatis the belonce after 9 years nine

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Q: Ex. 2: Bert makes deposits of $2000 semi-annually into an account that pays 4% interest, compounded…

A: Given problem:- Bert makes deposits of $2000 semi-annually into an account that pays 4% interest,…

Q: $25

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Q: How much money should be deposited today in an account that earns 6% compounded semiannually so that…

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Q: Suppose that you invest $5,000 at 6% interest, compound quarterly, for 5 years. use Table 11-1 to…

A: Given: Principle amount (P): $5,000 Rate of interest (R): 6% Time period (t): 5 years Compound…

Q: How much money will i have if I am going to deposit 1000$ every month starting now for 5 years if…

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Q: Suppose $100 is withdrawn at the EOY 2026, emptying an account that earns 7% interest, compound…

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Q: find the future value of an investment of $1200 invested at 6% interest compunded continuously for 5…

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Q: An investment of $8,000 is made at time 0 with returns of $3,500 at the end of each of years 1…

A: Given problem is : An investment of $8,000 is made at time 0 with returns of $3,500 at the end of…

Q: A businesswoman invested P 5000.00 in a mutual fund that grows pro compounded continuously. How much…

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Q: Sumalee invests $1,776 in a retirement account with a fixed annual interest rate compounded 3 times…

A: Initia amount= 1776$ Final amount after 19 years= 6588.80 We want to find the interest rate of the…

Q: An investment of P2,850 is made at the beginning of each month for 6 years and 7 months. How much…

A: Given that investment of P=2850 per month  for time T=6 years and 7 months= 79 months rate of…

Q: If Hannah places $ 4500 into an account earning 7.25% interest compounded continuously, how much…

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Q: Mr.balmond deposit 5,000 pesos at the end of the month in a Dias bank in the city of mobile legends…

A: 5000 pesos at the rate of 5% compounded monthly use formula for compound interest p1+r100t where p…

Q: P1,420 is invested in an account which earns 8% interest compounded annually, which will be the…

A: We have to find the balance at the end of 17 years.

Q: Suppose that you invest $7,000 at 6% interest, compound quarterly, for 5 years. use Table 11-1 to…

A: Amount=P1+r100tcompond quarterly t become t/4 and r become…

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A: Given that : Accounting pay = 7% In-order to calculate the future value factor formula = (1 +…

Q: If an investment company pays 6.5% compounded semi – annually, how much should you deposit now to…

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Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.