Answer:
$57,369
Step-by-step explanation:
We have been given that an amount of $53,000 is placed in an investment account that grows at a fixed rate of 2% (compound growth) per year. We are asked to find the amount in the account after 4 years.
To solve our given problem we will use compound interest formula.\
, where,
A = Final amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Let us convert our given rate in decimal form.
Upon substituting our given values in compound interest formula we will get,
Therefore, an amount of $57,369 will be in the account after 4 years.
If i read it right, it would just be 1 - 953. Depending on your grade (Around 3rd grade it would just be 952) Above that would be -952
Answer:
74.1 or 74
Step-by-step explanation:
Answer:
1/25 ; 3/20 ; 3/50
Step-by-step explanation:
Total number of stickers :
(10 + 15 + 25) = 50 stickers
Probability = required outcome / Total possible outcomes
a. Selecting blue and blue stickers
P(First blue) = 10/50 = 1/5
P(second blue) = 10/50 = 1/5
1/5 * 1/5 = 1 / 25
b. Selecting one red sticker and then one orange sticker
P(First red) = 15/50 = 3/10
P(second orange) = 25/50 = 1/2
3/10 * 1/2 = 3 /20
Selecting one red sticker and then one blue sticker
P(First red) = 15/50 = 3/10
P(second blue) = 10/50 = 1/5
3/10 * 1/5 = 3 / 50
