Your friend asks you to help him determine the appropriate price to pay for an annuity offering a retirement income of P10,000 a month for 10 years. Assume the interest rate is 6% compounded monthly.

the exponential expression to find the value of the cd, in dollars, after t years will be:  

step-by-step explanation:

formula of compound interest:   , where final value after years,   initial value, rate of interest in decimal and number of compounding in a year.

oliver plans to purchase a $1,500 certificate of deposit (cd) at his bank. that means,  

the cd will earn 2.3% interest, compounded semi-annually.

so,   and  

now, plugging these values into the above formula, we will

(rounded to the nearest ten-thousandth)

so, the exponential expression to find the value of the cd, in dollars, after t years will be:  

all 3 is an answer because you can make it in to a fraction ,it is a negative, and it is not a decimal so it is a whole number

you have a 1 in 36 chance of rolling a 12