Answer:
Step-by-step explanation:
Probability (P) is calculated as
P =
The first required outcome is a red sweet from a total of 3 + 5 = 8
P( red) =
There are now 2 red left and a count of 7, since 1 has been eaten, thus
P( second red ) =
P( red and red ) = ×
=
=
Answer:
$2,226.96
Step-by-step explanation:
You are going to want to use the compound interest formula, which is shown below.
<em>P = initial balance </em>
<em>r = interest rate </em>
<em>n = number of times compounded annually </em>
<em>t = time </em>
<em />
First, change 10% into its decimal form:
10% -> -> 0.1
Now lets plug in the values into the equation:
The final amount after 15 years is $2,226.96
