Marissa wants to know how much she would make using the simple interest calculation.
She will have $4,432.35
Given data
Principal = $3,900
Time = 7 years 6 months = 7.5 years
Rate = 1.82%
I = A - P = $532.35
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 1.82%/100 = 0.0182 per year.
Solving our equation:
A = 3900(1 + (0.0182 × 7.5)) = 4432.35
A = $4,432.35
The total amount accrued, principal plus interest, from simple interest on a principal of $3,900.00 at a rate of 1.82% per year for 7.5 years is $4,432.35.
Learn more about simple interest here:
brainly.com/question/20690803
Step-by-step explanation:
3 + 6 / 2 = 8
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Answer:
0.242
Step-by-step explanation:
p = 0.08, q = 1 − p = 0.92, and n = 1000.
The mean and standard deviation are:
μ = p = 0.08
σ = √(pq/n) = 0.00858
The z score is:
z = (x − μ) / σ = -0.70
Using a calculator or z score table, the probability is:
P(Z < -0.70) = 0.242
Answer:
The sum is a Non-repeating.
Step-by-step explanation:
I have no clue how to solve this question or fractions for that matter.
I literally guessed and go it right. (Somehow)
Answer:
5/6
Step-by-step explanation:
1/12 + 3/4 = 9/12
9/12 + 1/12 = 10/12
simplify 10/12
= 5/6
