Answer:
$1480.24
Step-by-step explanation:
This will be solved by the formula:
Where
FV is the future value (what we are looking for)
I is the initial amount (which is $1000)
r is the rate of interest per period (8% is annual interest, but the period is SEMI-ANNUAL, that's 6 months, half of yearly. So r would be half of 8%, which is 4% or r = 0.04)
t is the times compounding occurs in the whole time (The whole time period is 5 years, but compounding occurs semi-annually, so 5*2 = 10 times. Thus, t = 10)
<em>plugging the info into the formula we will get our answer.</em>
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Answer:
Step-by-step explanation:
its table to promise me
Answer:
A
Step-by-step explanation:
4x+3y=2
3y = - 4x + 2
y = - 4x / 3 + 2/3
Answer: 5 x 173 = 865
Step-by-step explanation:
Answer:
74.71%
Step-by-step explanation:
To calculate the experimental probability of the next scoop that they sell being vanilla, we need to divide the amount of scoops of ice cream that were vanilla (65 scoops) by the total amount of scoops of ice cream sold (87 scoops):
Probability of next scoop being vanilla = 65 / 87 = 0.7471 = 74.71%
The experimental probability of the next scoop they sell being vanilla is 74.71%.
