A = P(1 + rt)
Where:
<span>·
</span>A = Total Accrued Amount (principal + interest)
<span>·
</span>P = Principal Amount
<span>·
</span>I = Interest Amount
<span>·
</span>r = Rate of Interest per year in decimal; r = R/100
<span>·
</span>R = Rate of Interest per year as a percent; R = r * 100
<span>·
</span>t = Time Period involved in months or years
A = 15,000(1+ 0.07(5))
A = 20,250 they acquired in total for 5 years
The yearly amount the get is 15,000 xx 0.07 = $ 1050 per
year
So in the next 25 years addition of 1050x25 = $26250 they
will get
Answer:
The mean is 17.
Step-by-step explanation:
Answer:
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Step-by-step explanation:
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A) 17/52
B) 15/26
C) 4/13
A) The probability of getting a club is 13/52; the probability of getting a 3 is 4/52; the probability of a club or 3 is
13/52+4/52 = 17/52
B) The probability of a red card is 26/52; the probability of a King is 4/52; the probability of a red card or King is
26/52+4/52=30/52 = 15/26
C) The probability of a 9 is 4/52; the probability of a face card is 12/52; the probability of a 9 or a face card is 4/52+12/52 = 16/52 = 4/13