Answer:
Interest earned= $200
Step-by-step explanation:
Giving the following information:
Initial investment= $20,000
Interest rate= 3%
Inflation rate= 2%
First, we need to calculate the real interest rate. <u>The inflation rate decreases the value of money through time. We need to deduct from the interest rate, the inflation rate.</u>
Real interest rate= 0.03 - 0.02= 0.01
<u>Now, we can calculate the interest earned in year 1:</u>
Interest earned= PV*(1+i)^n - PV
Interest earned= 20,000*(1.01^1) - 20,000
Interest earned= $200
X=4 so
2x=8
2x4=8
8+31 =39
It is C. 90 degrees because it is a right triangle
400 ÷ 77 x 100 + 2000 - 55 + 999
u would use dmas :
1. division
2. multiplication
3. addition
4. subtraction
400 ÷ 77 = 5.19
5.19 x 100 + 2000 - 55 + 999
5.19 x 100 = 519
519 + 2000 - 55 + 999
519 + 2000 + 999 = 3518
3518 -55 = 3463
hope this helps
Answer:
973.68 times
Step-by-step explanation:
Since you would expect to win 1 in 38, the amount of times you will win in 1000 times is 1000 / 38 which is 26.32. therefore you would expect to lose 1000 - 26.32 times which is 973.68