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Fantom [35]
3 years ago
5

$1675 at 4.6% for 4 years whats the interest earned and balance amount

Mathematics
1 answer:
nignag [31]3 years ago
7 0
If simple interest is paid:
Interest=Pit = 1675*0.046*4=308.20

If compounded annually
Interest=P[(1+i)^t-1]=1675*(1.046^4-1)=330.13

If compounded monthly
Interest=P[(1+i/12)^(t*12)-1]=1675*((1+0.046/12)^(4*12)-1)=337.67

Please be sure to specify the type of interest and compounding period if it is compound interest.
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Arrange the steps from start to finish to factor this expression using the grouping method x^2-5x-24 drag the tiles to the corre
rosijanka [135]

Answer:

(x - 8)(x + 3)

Step-by-step explanation:

x² - 5x - 24

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- 8 × + 3 = - 24 and - 8 + 3 = - 5

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7 0
2 years ago
There are 4 people at a party. Consider the random variable X=’number of people having the same birthday ’ (match only month, N=
yulyashka [42]

Answer:

S = {0,2,3,4}

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Mean = 0.879

Standard Deviation = 1.033

Step-by-step explanation:

Let the number of people having same birth month be = x

The number of ways of distributing the birthdays of the 4 men = (12*12*12*12)

The number of ways of distributing their birthdays = 12⁴

The sample space, S = { 0,2,3,4} (since 1 person cannot share birthday with himself)

P(X = 0) = \frac{12P4}{12^{4} }

P(X=0) = 0.573

P(X=2) = P(2 months are common) P(1 month is common, 1 month is not common)

P(X=2) = \frac{3C2 * 12P2}{12^{4} } + \frac{4C2 * 12P3}{12^{4} }

P(X=2) = 0.401

P(X=3) = \frac{4C3 * 12P2}{12^{4} }

P(x=3) = 0.025

P(X=4) = \frac{12}{12^{4} }

P(X=4) = 0.001

Mean, \mu = \sum xP(x)

\mu = (0*0.573) + (2*0.401) + (3*0.025) + (4*0.001)\\\mu = 0.879

Standard deviation, SD = \sqrt{\sum x^{2} P(x) - \mu^{2}}  \\SD =\sqrt{ [ (0^{2} * 0.573) + (2^{2}  * 0.401) + (3^{2} * 0.025) + (4^{2} * 0.001)] - 0.879^{2}}

SD = 1.033

4 0
3 years ago
What is the slope of the line with points (-2,0) and (8,0)
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The answer is 10 because when you use the slope formula y^2 - y^1 divided by x^2 - x^1 and plug your points in you get 10/0 which makes the answer ten
5 0
3 years ago
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