Answer:
757,576cents
Step-by-step explanation:
Given
Amount = $10000
Time = 4years
Rate = 8%
n = 1/4 year (compounded quarterly
Using the formula to get the principal
A = P(1+r/n)^nt
10000 = P(1+0.08/0.25)^4(1/4)
10000 = P(1+0.32)
10000= 1.32P
P = 10000/1.32
P = 7575.76
Hence he suppose to invest $7575.76 which is equivalent to 7575.76×100 cents i.e 757,576cents
The answer is that she would have been up to bat 19 times
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Answer:
<u>$4800</u>
Step-by-step explanation:
The expected net income is the probability when rains multiplied by net income (profit) summed with the probability of not raining with that days net income multiplied.
First, Chance of rain = 12% = 12/100 = 0.12
Profit/Loss = Income - Cost
Income is 5000
Cost = 9000
So,
Loss = 5000 - 9000 = 4000
Or, Net Income (profit) = - 4000
Now, Change of not raining = 100 - 12 = 88% = 88/100 = 0.88
Profit = Income - Cost
Income = 15,000
Cost = 9000
Net Income (profit) = 15000 - 9000 = 6000
So, we can write the expected net income as:
<u>Expected NI </u>= (0.12)(-4000) + (0.88)(6000) = <u>$4800</u>
Answer:
The definition of evaluate is to find a numerical expression or equivalent for - an equation, formula or function.
Step-by-step explanation:
