The amount Howie will pay back at the end of one year is $26000.00
The given parameters are:
-- the principal amount
-- the interest rate
--- the duration
The amount to pay back in this duration is then calculated using:
So, we have:
Express percentage as decimal
Multiply
Hence, the amount to pay back is $26000.00
Read more about simple interest at:
brainly.com/question/1115815
Answer:
The ramainder is equal -86
Step-by-step explanation:
Since the polynomial degree Q(x) is 1, the remainder of the division must be a number. Therefore we only need to calculate the value of polynomial for x = -2
Answer:
Step-by-step explanation:
Total number of marbles = 5 + 2 + 3 = 10
Probability of choosing 1 green marble = 2/10
Probability of choosing 1 yellow marble = 3/10
Notice (and this is important) that the denominator didn't change. Why?
Because you replaced the first marble into the bag. That word replacement is critical in a problem of this nature. There is the term non replacement which means that the second draw would have a denominator of 9.
So what is the probability of P(green then yellow)?
P(green then yellow) = 3/10 * 2/10 = 6/100
Answer: P(green then yellow) = 3/50 because 6 / 100 reduces.
Is a collection of well defined and distinct objects.
Ex: ( A B C D E) all letters
Ex2: ( January, February, March, April) all months
Answer: the value of her investment after 4 years is £8934.3
Step-by-step explanation:
The formula for determining compound interest is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount invested.
t represents the duration of the investment in years.
From the information given,
P = 8000
r = 2.8% = 2.8/100 = 0.028
n = 1 because it was compounded once in a year.
t = 4 years
Therefore,
A = 8000(1+0.028/1)^1 × 4
A = 8000(1+0.028)^4
A = 8000(1.028)^4
A = £8934.3 to the the nearest penny
