At the time of her grandson's birth, a grandmother deposits $12,000.00 in an account that pays 2% compound monthly. What will be that value of the account at the child's twenty-first birthday, assuming that no other deposits or withdrawls are made during the period.
---
A(t) = P(1+(r/n))^(nt)
---
A(21) = 12000(1+(0.02/12))^(12*21)
---
A(21) = 12000(1.5214)
---
A(21) = #18,257.15
Answer:
A) Proportion.
Step-by-step explanation:
The distribution of sample proportions leads or may tends to approximate a normal distribution and is an unbiased estimator that has a graph that is usually distributed and is not skewed. In other words, simply, we can also say that the population proportion is basically defined to be as the mean of the sample proportion. The population proportion is basically equaled the expected value of the sample proportion.
Answer:
The multiplicative inverse of -0.7 is -1/0.7
hope it helps
Answer: Ginger Smith will have to pay $23.00
Step-by-step explanation:
When we talk about a Health Insurance, the Allowed amount 
is the maximum amount the Health Insurance company will cover for health care services.
So, if the health care provider charges more than this allowed amount (as in this situation with Ginger Smith), Ginger will have to pay the difference 
, which is calculated by:
are the total charges
is the allowed amount
This is the difference Ginger Smith will have to pay
