Adam wishes to have $20 comma 000 available in 18 years to purchase a new car for his son as a gift for his high school graduation. To accomplish this goal, how much should Adam invest now in a CD that pays 1.41% interest compounded quarterly?

Adam should invest $15516 after 18 years.

Explanation:

Given:

Amount(18) = $20000

Rate of Interest, r = 1.41%

Time, t = 18 years

n = 365 (compounded daily)

General equation of amount that is compounded daily:

Solving for A₀:

Substituting the values:

Therefore, Adam should invest $15516 after 18 years.

answer: expected value of x = 1.0

step-by-step explanation:

p(x=0) = 0.25

p(x=1) = 0.50

p(x=2) = 0.25

expected value for x = 0×0.25 + 1×0.5 + 2×0.25 = 1.0

b if for most of the graph

d if y intercept

step-by-step explanation: