Answer:
No. See explanation below.
Step-by-step explanation:
No.
Since 60 × $300 = $18,000, he would be exactly at budget if he needed 60 uniforms and if each uniform cost $300, but he needs more than 60 uniforms, and each uniform costs more than $315, so the total cost is definitely more than $18,000.
It takes about 14.55 years for quadruple your money
<em><u>Solution:</u></em>
Given that,
At 10 percent interest, how long does it take to quadruple your money
Rule of 144:
The Rule of 144 will tell you how long it will take an investment to quadruple
Here,
Rate of interest = 10 %
Therefore, number of years to quadruple your money is obtained by dividing 144 by 10
<em><u>Rule of 144 Formula: </u></em>
Where:
N = Number of many years times.
144 = Is the constant variable.
R = Rate of interest.
Thus it takes about 14.4 years for quadruple your money.
<em><u>Another method:</u></em>
If initial amount is $ 1 and it if quadruples it should be $ 4
We have to find the number of years if rate of interest is 10 %
Let "n" be the number of years
Then we can say,
Thus Option D 14.55 years is correct
Answer:
Step-by-step explanation:
1 12
2 19
3 10
4 28
5 2
The cost for buying the tent is $230.
65% was increasesd for selling. Then the rate is
The tax is 8%. So this is from the marked price.
Therefore the total cost of the tent is $225.39.
Answer:
The probability is 0.1312
Step-by-step explanation:
Here, let us set up a binomial system
From the question, 54% ride a bike
Let p = people that rides a bike
54% = 54/100 = 0.54
p = 0.54
q = 1 - p = 1 -0.54 = 0.46 ( 46% do not ride bikes)
Now, for the binomial system, we have
P(X = 15) = 30 C 15 • p^15•q^15
We have;
30 C 15 * 0.54^15 * 0.46^15
= 0.131200268998
The probability is 0.1312