Mathematics, 26.06.2020 17:01, amm2795
Niki deposited $10,000 in a CD and will get charged penalties if she makes withdrawals within six years. However, she will need this money to pay for college tuition next year. What should Niki have considered before opening up her CD?
Rate of return
Interest rate
Consider the term of the investment and how soon you may need that money
How much money she wants to deposit in her account over the next six years.
Answers: 1
Mathematics, 21.06.2019 17:20, kolbehoneyman
Four airplanes carrying a total of 400 passengersarrive at the detroit airport. the airplanes carry, respectively,50, 80, 110, and 160 passengers. a) one of the 400 passengers is selected uniformly at random. let x denote the number of passengers that were on theairplane carrying the randomly selected passenger. find var(x)for x as given in the problemb) one of the 4 airplane drivers is also selected uniformly atrandom. let y denote the number of passengers on the chosen driver’s airplane. find var(y) for y as given in the problem
Answers: 3
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