Answer:
$4261.71
Step-by-step explanation:
Montesquieu's annual payment is ...
(12 mo) × ($124.30/mo) = $1491.60
This is the 35% of the cost that is not paid by his employer. So, the total cost can be found from ...
$1491.60 = 0.35 × annual premium
$1491.60/0.35 = annual premium ≈ $4261.71
No. It's rational. The solutions are +10 and -10.
The rate at which Charles amount increased will be given by:
Amount owe=$390
Payment=$10
Number of payments=10
thus using the formula:
A=P(1+r)^n
plugging the values we get:
390=10(1+r)^10
solving for r we get
39=(1+r)^10
r=0.4425
thus the amount increased by 44.25%
Answer:
2004.035
Step-by-step explanation:
2000+4=2004, 3.5%= .035, and 2004+0.035=2004.035
Step-by-step explanation:
1. P(pen then pencil) = 15/25 × 10/25 = 3/5 × 2/5 = 6/25
2. P(pen then pencil) + P(pencil then pen) = 6/25 + 6/25 = 12/25
3. P(pencil then pencil) = 10/25 × 10/25 = 2/5 × 2/5 = 4/25
4. P(at least 1 pen) = 1 − P(no pen) = 1 − 4/25 = 21/25