A principal of 7000 Rial is invested at rate 9% interest for 8 years. Determine the future value if the interest is Compounded annually Choose... Compounded semi-annually Choose.. Compounded continuously Choose... Simple Choose...

Q: Find the amount A accumulated after investing a principal P=​$2,000 for t=4 years at an interest…

A:

Q: .If you deposit 6000RS into an account paying 6.5% annual interest compounded quarterly,  how long…

A: we need to find time when there is Rs12600 in the account

Q: At the time of her grandson birthday a grandmother deposits 10000$ in an account that pays 2.5%…

A:

Q: Find the present value that will grow to $5000 if interest is 6.5% compound quarterly for 15 years.…

A: Given that future value is $5000 and interest is 6.5% compound quarterly for 15 years. Find the…

Q: find the compound interest of an investment of $7,500 at 12% compounded quarterly for 11 years

A: Please see the next step for the solution.

Q: The account in the Indian bank pays a nominal annual interest rate of 5.2 % compounded monthly.…

A: Since you have not provided the amount of investment  in the question. So, we are considering it as…

Q: To save for retirement, a student invests $30 each month in an ordinary annuity with 3% interest…

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Q: Suppose that a sum of money is invested at an annual interest rate of 4%. Determine the time, in…

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Q: Determine the amount of an investment if $500 is invested at an interest rate of 4.25% compounded…

A: Use formula of compound interest

Q: A principal of P 2000 is placed in a savings account at 3% per annum compounded annually. How much…

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Q: Find the present value that will grow to $2,000 if the annual interest rate is 8.5% compounded…

A: To find the present value which will grow to $2000, with the annual interest rate is 8.5% compounded…

Q: An employee deposits $600 in to her TRS account every month. The account earns an annual rate of 8%…

A: To solve this problem, we need to use the formula for compound interest: A=P(1+rn)nt where, A = the…

Q: Determine the present value of P 6,800 paid at the end of each subsequent quarter for 7 years if…

A: Given information PMT=$6,800 Rate of interest r=6% ⇒r=6100=0.06 Time t=7 years Since, interest is…

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.