Answer:
$12,000
Step-by-step explanation:
Use the simple interest formula: P = A(1 + rt)
P = final balance (?)
A = starting balance (10,000)
r = interest rate (0.05)
t = years (4)
P = 10,000(1 + 0.05 · 4)
P = 10,000(1 + 0.2)
P = 10,000(1.2)
P = 12,000
20/25 as a decimal is 0.8
Answer:
2
Step-by-step explanation:
Given
See attachment for chart
Required
Number of off days
To do this, we simply calculate the expected value of the chart.
This is calculated as:

Where
x = days
f = chances
So, we have:



The answer is $132,000
First you multiply 120,000 by .10 which you get 12,000
Then you just add it and you find the answer