How much would $500 invested at 6% interest compounded monthly be
worth after 4 years? Round your answer to the nearest cent.
ACO) - P(1)

One side of a rectangle is 7 feet shorter than seven times the other side. find the length of the shorter side if we also know that the perimeter of the rectangle is 306 feet.

For what type of equity loan are you lent a lump sum, which is to be paid within a certain period of time? a. a line of credit b. equity c. a second mortgage d. an amortization

Amachine that produces a special type of transistor (a component of computers) has a 2% defective rate. the production is considered a random process where each transistor is independent of the others. (a) what is the probability that the 10th transistor produced is the first with a defect? (b) what is the probability that the machine produces no defective transistors in a batch of 100? (c) on average, how many transistors would you expect to be produced before the first with a defect? what is the standard deviation? (d) another machine that also produces transistors has a 5% defective rate where each transistor is produced independent of the others. on average how many transistors would you expect to be produced with this machine before the first with a defect? what is the standard deviation? (e) based on your answers to parts (c) and (d), how does increasing the probability of an event a↵ect the mean and standard deviation of the wait time until success?