Answer:
she's a Russian model that's all I can find out
<span>To become a famous astronomer. I'm completely confident with my answer. </span>
I think that the question you are trying to ask is . . . A college student takes out a $7500 loan from a bank. What will the balance of the loan be after one year(assuming the student has not made any payments yet)
a. if bank charges 3.8% interest each year ?
b. if the bank charger 5.3% interest each year ?
Answer:
(a) $7785
(b) $7897.5
Step-by-step explanation:
Given:
Loan = $7500
We need to find the balance of the loan be after one year(assuming the student has not made any payments yet).
The formula for amount or loan is
A = P( 1 + r)^t .... (1)
where, P is principle, r is rate of interest and t is time in years.
(a) If bank charges 3.8% interest each year.
r = 3.8% = 0.038
Substitute P=7500, r=0.038 and t=1 in equation (1).
A = 7500 (1 + 0.038)^1
A = 7500 (1.038)
A = 7785
Therefore, the balance of the loan be after one year is $7785.
(b) If the bank charger 5.3% interest each year.
r = 5.3% = 0.053
Substitute P=7500, r=0.053 and t=1 in equation (1).
A = 7500 (1 + 0.053)^1
A = 7500 (1.053)
A = 7897.5
Therefore, the balance of the loan be after one year is $7897.5.
Answer: See explanation
Explanation:
1. an organizing tool used to find the sample space for compound events = Tree diagram
A tree diagram is used to show the probability space.
2. a game in which each participant has the same probability of winning = Fair game
3. an event consisting of two or more events that can happen at the same time or one after the other= Compound event
4. the set of all possible outcomes for an experiment = Sample space
A sample space consists of all the possible outcomes that can be gotten in a probability.
5. principle that states the number of outcomes for a compound event is found by multiplying the total number of outcomes for each event together = Counting Principle
Counting Principle is used to know the number of outcomes that one can get in a probability problem. This is done by multiplying the events together in order to get the outcomes.
