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attashe74 [19]
3 years ago
13

Jennifer places $500 into a savings account that is paying 1.5% annual interest. The interest is compounded monthly. How much mo

ney will be in the account in 3 years?
Mathematics
1 answer:
Anna11 [10]3 years ago
4 0

Answer:

$522.99

Step-by-step explanation:

FV  = P (1 + \frac{r}{n} )^n^t

Fv = total amount plus interest over the given period of time

P = Principal amount deposited i.e $500

r = interest given 1.5% i.e 0.015

n = period of time the principal remains deposited. In this case annually i.e 12 months

FV = 500 ( 1 + \frac{0.015}{12} ) ^1^2^X^3

FV = 500 ( 1.04599)

FV = $522.99

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3 years ago
1. The shape shown below is dilated by a scale factor of 2.6. It is in the attachment that was included.
kondaur [170]

Answer:

L' = 26cm

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Step-by-step explanation:

a) Given the dimension of the shape;

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Width W = 15cm

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New length L' = 2.6(10) = 26cm

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7 0
2 years ago
What is the answer to this problem and how did you get it
daser333 [38]
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6 0
3 years ago
If Event AA and Event BB are independent, is the probability that both Event AA and Event BB will happen greater than 0.3?
Bumek [7]

In probability, independent events are called those that occur without affecting the other and that the probability that both occur will be equal to the product of their individual probabilities, so if AA and BB are independent and <em>P(AA) = n</em> and <em>P(BB) = m</em> then <em>P(AA∩BB)</em> = <em>n*m</em>, and since there are infinite numbers between 0 and 1 that multiplied gives greater than 0.3 for example 0.8 * 0.5 = 0.4> 0.3

Answer

<u>Yes,</u> he probability that both Event AA and Event BB occur can be greater than 0.3

8 0
3 years ago
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