The number which appears most often in a set of numbers. Example: in {6, 3, 3, 6, 3, 5, 9, 3} the Mode<span> is 3 (it occurs most often). Does this help???</span>
Y = 4x
hope that helps
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Its 60 all you really had to do is 6 times 10
Answer: the value of the annuity when you retire is $130919
Step-by-step explanation:
We would apply the future value which is expressed as
FV = C × [{(1 + r)^n - 1}/r]
Where
C represents the yearly payments.
FV represents the amount of money
in your account at the end of 10 years.
r represents the annual rate.
n represents number of years or period.
From the information given,
r = 7% = 7/100 = 0.07
C = 20/100 × 47400 = $9480
n = 10 years
Therefore,
FV = 9480 × [{(1 + 0.07)^10 - 1}/0.07]
FV = 9480 × [{1.967 - 1}/0.07]
FV = 9480 × 13.81
FV = $130919
4 ÷ 2 = 2
2 ÷ 4 = 1/2
As we can see, the order in which the numbers are divided yielded different results.