Sam inherits $250,000, which he invests at a rate of 9% compounded annually. How much will Sam's investment be worth in 25 years?

the amount that should be worth in 25 years is $2,155,770

Step-by-step explanation:

The computation of the amount that should be worth in 25 years is shown below:

As we know that

Future value = Present value × (1 + rate of interest)^number of years  

= $250,000 × (1 + 0.09)^25

= $250,000 × 1.09^25

= $2,155,770

Hence, the amount that should be worth in 25 years is $2,155,770

answer: the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

step-by-step explanation:

the given rate of interest i= 85%

in calculating the monthly payment for a loan with an interest rate compounded monthly, the value of the interest rate per period we use in the formula must be in decimal form.

to convert it in decimal, we divide it by 100, we get

hence, the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

a) one student is chosen from classroom a, then a student is chosen from classroom b.  

step-by-step explanation:

independent events are ones in which the probability of one event does not affect the probability of the second event.

one student is chosen from classroom a; this does not affect the chances of choosing a student from classroom b.   this makes these independent events.

when one card is chosen from a standard deck and then set aside before a second card is chosen, the probability of the second card being chosen changes.   this makes them dependent events.

when one student is chosen from classroom a and then a second student is chosen from classroom a, the probability of choosing the second student changes.   this makes them dependent events.

when a letter is chosen from the alphabet and then a second letter is chosen, the probability of choosing the second letter changes.   this makes them dependent events.