The periodic deposit is $

Q: A lump sum of 4190 dollars is invested in an annuity that pays 9.2 percent interest compounded…

A:

Q: Bob invests $1500 at an annual rate of 2%. Find the balance after 10 years, when the interest is…

A:

Q: $ 9000 loan is to be paid in 3 years at 3.6% compound interest per year, the accrued interest and…

A: =>Total amount of money to pay off the loan = Total payment at the end of first year +Total…

Q: You deposit $1000, and it grows to $1,500 in 5 years.  What is your annual return?

A:

Q: esiree opens an account with one deposit of $6500. She receives a statement twice a year, just after…

A: Given problem is :   Desiree opens an account with one deposit of $6500. She receives a statement…

Q: Find the monthly payment (in $) and the total interest (in $) for a mortgage of $42,000 at 52% for…

A:

Q: Determine the amount of interest paid on a $35000 investment that pays 10% per year, simple interest…

A:

Q: You make a payment of $300 at the beginning of each month into an account that 3.6%annual interest.…

A:

Q: Find the final amount of money in an account if $8,100 is deposited at 6.5% interest compounded…

A:

Q: withdrawing $10 every week from an outstanding balance $400

A: Consider the statement  withdrawing $10 every week from an outstanding balance $400

Q: Suppose you want to have $800,000 for retirement in 30 years. Your account earns 9% interest. How…

A: Given, Future value (FV) = $800,000 Rate of interest (r) = 9% Time (t) = 30 years n = 12 ( months)…

Q: You have 300,000 saved for retirement. Your account earns 4% interest. How much will you be able to…

A: Given that, You have 300,000 saved for retirement. Your account earns 4% interest. We need to find…

Q: Reina borrowed 1,200,000Php for the purchase of the car. If her monthly payment is 31,000Php or a…

A:

Q: Find the total amount in Mr. G’s account, if he invests $9000 for 5 years at a 6% interest rate.  A.…

A:

Q: Toby takes a one year loan from the bank for $50,000. The bank charges a nominal interest rate of…

A: Given,

Q: K A pension fund manager decides to invest a total of at most $40 million in U.S. Treasury bonds…

A:

Q: If $1000 is deposited in an account that pays interest quarterly, and if the money grows to $1150…

A:

Q: $20,000 in a fund paying 2% per year, with monthly payments for 5 years PMT =

A: The objective of the question is to calculate the monthly payments (PMT) for a fund of $20,000 that…

Q: Suppose that you borrow $20,000 for four years at 6% toward the purchase of a car. Find the monthly…

A:

Q: Find the amount of money in an account after 4 years if $1800 is deposited at 5% annual interest…

A:

Q: A savings plan James begins a savings plan in which he deposits $100 at the beginning of each month…

A: We have to write the first five terms of the sequence {Bn}. We have to find a recurrence relation…

Q: jim borrows $500 at 17% per annum compounded quarterly for 2 years. Determine the interest due on…

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.