Use Cymath to find your answer
I = p * r * n
i is the interest
p is the principal
r is the interest rate per time period
n is the number of time periods.
in your problem:
i = 900
p = 2000
r = what you want to find
n = 3 years
formula becomes 900 = 2000 * r * 3
solve for r to get r = 900 / 2000 / 3 = .15
that's .15 interest rate per year = 15% per year.
at a nominal interest rate of .15 per year, the interest rate per month would be .15/12 = .0125 per month.
the remaining balance at the end of 6 month is equal to 1907.140183
<span> The answer is is 4 times. </span>
<span>The reason it is 4 is because 3 times 4 is 12 and 12 is less than 14. If you did 3 quarters times 5, you would get 15, going over the limit.</span>
The are 4 different possibilities to draw a ten, namely a ten of the four different suits. The probability of the event is the ratio of the 4 possibilities and the total number of possible choices, whcih is 52:
P(E) = 4/52 = 1/13 or about 7.7%
Answer:
1/36
Step-by-step explanation:
6^-2
~Use negative exponent rule [ a^-b = 1/a^b ]
1/6^2
1/36
Best of Luck!
