The answer depends on what type of interest. If you are using compound interest, then the interest is different every year, as the amount you earn goes up because the amount you have in the bank goes up. Simple interest is the opposite, as you earn one amount each year, and it does not change.
So.....
Simple Interest:
0.12 * 150 = 18
18 * 8 = 144
144 + 150 = $294
Compound Interest:
150(1 + 0.12)^8
150 * 1.12^8
150 * 2.475 = $371
Answer:
0.18431525 = 18.4%
Step-by-step explanation:
General Formula :
total trials Cn⋅p(success)^n⋅p(fail)^total−n
1198144* (.0218)^3 * (1-.0218)^191
The answer is 68 because is repeating 3 times
The number of customers served in the ice cream shop in June, July and August are 125, 25 and 250 customers respectively
<h3>How to write and solve equation?</h3>
let
- June = x
- July = x - 100
- August = 2x
- Total customers = 400
Total = June + July + August
400 = x + (x- 100) + 2x
400 = x + x - 100 + 2x
400 = 4x - 100
400 + 100 = 4x
500 = 4x
x = 500/4
x = 125
So,
June = x
= 125 customers
July = x - 100
125 - 100
= 25 customers
August = 2x
= 2(125)
= 250 customers
Learn more about equation:
brainly.com/question/2972832
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