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LuckyWell [14K]

3 years ago

15

Assume $20,000 is deposited into a savings account. Bedford Bank offers an annual rate of 1% simple interest for five years. Sli

ck Bank offers a rate of 5.1% simple interest for one year. Which earns more interest?

1 answer:

lozanna [386]3 years ago

7 0

Using a savings interest calculator, I found that either way your savings grow by exactly $1,020.20, so they share the same interest.

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A recipe for homemade clay calls for 6 cups of water for every 12 cups. How many cups of water are needed when 4 cups of flour a

pochemuha

Answer:

2 cups of clay

Step-by-step explanation:

Given data

we are given that 6 cups of water for every 12 cups of clay

i.e

12 cups of clay require 6 cups of water

4 cups of clay will require x cups of water

cross multiply

12x= 4*6

12x= 24

divide both sides by 12

x= 24/12

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Step-by-step explanation:

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3 years ago

HELPPP!!!!!!!! What is the value of f(6)

castortr0y [4]

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2 years ago

What is 280 million in scientific notation

Phantasy [73]

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3 0

3 years ago

A used car dealer has 30 cars and 10 of them are lemons (i.e.~ mechanically faulty used cars), and you don't know which is which

Triss [41]

Answer: Hence, the probability that he will get at least one lemon is 0.70.

Step-by-step explanation:

Since we have given that

Number of cars = 30

Number of lemon cars = 10

Number of other than lemon cars = 30-10 = 20

According to question, he bought 3 cars,

we need to find the probability that you will get at least one lemon.

So, P(X≤1)=1-P(X=0)=1-P(no lemon)

Here, P(no lemon ) is given by

$\dfrac{20}{30}\times \dfrac{20}{30}\times \dfrac{20}{30}=(\dfrac{20}{30})^3$

so, it becomes,

$P(X\geq 1)=1-(\dfrac{20}{30})^3=1-(0.67)^3=0.70$

Hence, the probability that he will get at least one lemon is 0.70.

5 0

3 years ago