The bank is offering a special rate of 4.5% to anyone willing to invest $10,000 for 5 years, compounded monthly, what is the future value at the end of tthe 5

Q: In 2012 the maximum social security deposit by an individual was $8,386.75. Suppose you are 30 and…

A: Given that The yearly deposit amount PMT=$8386.75Interest rate r =3%=3100=0.03Componded annually ,…

Q: Mr. Chua had a P50,000 business loan that is to be paid for 1 year. If the interest rate is 10%…

A: Solution :-

Q: What is the amount of interest of a loan 20,000 at 6% compound interest for 3 years?

A: We will find out the required value.

Q: What will be the compound interest on a sum of ₱25,000 after 3 years at the rate of 12% per annum?

A:

Q: What will be the Future value on an investment account of $9497 compounded semiannually at 5% for 2…

A:

Q: Suppose instead Hanan didn't invest anything for the first 7 years while at new york, then deposited…

A:

Q: to retire a bond of $100,000.00 in 5 years what amount needs to be deposites at 8%.

A:

Q: Solve for the future value of PHP75,000 invested at the end of each month for 3 years at 2.7%…

A:

Q: An item will need replacing in 6 years from now at a cost of P128,000.00. How much should the owner…

A:

Q: If money is worth 9% compounded annually, find (a) the present value of Php 24,000 due in 8 years…

A: Given that: Money worth 9% compounded annually. Future amount : Php 24000 Time : 8 years

Q: If compounded monthly, a loan will be amounting to P132, 400.00 if invested at 11.5% interest for…

A: The solution to the given question is explained below.

Q: Since he was 23 years old, Ben has been depositing $200 at the end of each month into a tax-free…

A: Sol:- To solve this problem, we can use the formula for the future value of an annuity due: FV = PMT…

Q: Suppose your friend,halima, who lives new york  received an unexpected inheritance of $1,000,000 and…

A:

Q: 3. Ranie makes monthly deposits at Php1,500.00 into his savings account that earns interest at 1.5%…

A: Find your answer below

Q: Calculate the value gained from depositing 12 regular installments into a bank, as the amount of…

A: S = P × (([1 + i]n – 1) / i) × (1 + i). Here, S is the final amount of maturity. P is the amount…

Q: Mrs. Duzon wants to invest 25,000 in a bank for 3 years at 2% compounded quarterly -what is the…

A:

Q: What amount should be deposited today to buy for a P 216,000.00 house and lot in 6 years? The bank…

A: We need to find the amount that should be deposited today to buy for a P 216,000.00 house and lot in…

Q: Please calculate the amount and interest from $15,000 at 8% for 2 years compounded quarterly using…

A:

Q: How much loan will be extinguished for a monthly amortization of P4, 500.00 at 12% interest…

A:

Q: Find the present value of 9,000 at a simple interest rate of 7% in 18 years?

A:

Q: I will invest P15,000 per quarter for my retirement at 7.3% compounding quarterly for 10 years. I…

A: Here,  Pmt=15,000r=7.3%n=4t=10

Q: On a girl's 10th birthday, her father started to deposit P5,000 quarterly at the end of each term in…

A: We can solve this using future value formula

Q: Carolyn invests $8000 at an annual rate of 7% compounded daily for 6 months. what is the future…

A:

Q: Blake contributed $584 at the end of every 3 months into an RRSP fund earning 3% compounded…

A: The future value is the value of an investment or sum at a specific point in the future, taking into…

Q: Calculate the value gained from depositing 12 regular installments into a bank, as the  amount of…

A:

Q: if a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should…

A:

Q: Find the maturity value and amount of interest earned on an investment of $900 invested for 3 years…

A:

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.