Answer:
Simple: 6000
Compound: 6050
Difference: 50
Step-by-step explanation:
Simple interest formula: A = P(1+rt), where A = final amount, P = initial amount, r = rate, and t = time. Plug our values in to get
A = 5000(1+10% * 2)
convert 10% to a decimal by dividing by 100 and plug that in
10% = 0.1
5000(1+0.1*2) = 5000(1.2) = A = 6000
Compound interest formula: A = P(1+r)^t
Plug our values in
5000(1+0.1)^2 = 6050
Difference = 6050 - 6000 = 50
Answer:
(y + 5) = -7(x + 3)
Step-by-step explanation:
Point Slope Form: (y - y1) = m(x - x1)
<u>Step 1: Find Slope</u>
m = 
m = 
m = 
m = 
m = -7
<u>Step 2: Put into point slope form</u>
Point Slope Form: (y - y1) = m(x - x1)
(y - (-5)) = -7(x - (-3))
(y + 5) = -7(x + 3)
Answer: £14.94
Step-by-step explanation:
36 cartons at £1.56 for 4 = 14.04
2 cartons at £45p = 0.90
Answer:
5.96% probability that exactly 3 people in the sample are afraid of being alone at night.
Step-by-step explanation:
For each person, there are only two possible outcomes. Either they are afraid of being alone at night, or they are not. The probability of a person being afraid of being alone at night is independent of any other person. So we use the binomial probability distribution to solve this question.
Binomial probability distribution
The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

In which
is the number of different combinations of x objects from a set of n elements, given by the following formula.

And p is the probability of X happening.
5% of Americans are afraid of being alone in a house at night.
This means that 
If a random sample of 20 Americans is selected, what is the probability that exactly 3 people in the sample are afraid of being alone at night.
This is P(X = 3) when n = 20. So


5.96% probability that exactly 3 people in the sample are afraid of being alone at night.