Answer:
Annuity= 242.4
Step-by-step explanation:
This is a compound interest problem.
The total amount at the end of 25 years will be
A = p(1+r/n)^(nt)
A = 150(1+(0.04/(25*12)))^ ((25*12)(25))
A= 150(1 + 0.04/300)^ (300*12)
A = 150(1+ 0.0001333)^ 3600
A = 150(1.0001333)^ 3600
A = 1500(1.615828808)
A= 242.374
A= 242.4 to the nearest cent
Answer:
n = 109/ 5 if the expression is 5n - 5.3 = 56
Multiply $75 by 1.1 because it includes the tax and the cake. you should get $82.50.
Answer:
d
Step-by-step explanation:
Answer:
18 students are likely to be wearing red
Step-by-step explanation:
From the question, we know a student either wears red , or blue, with the probability of a student wearing red is 3 times more probable than wearing white.
So, let’s say out of the 24 students, x of them are wearing white. What this practically mean is that 3 * x = 3x of the students would be expected to be wearing red.
Now, adding the number of people wearing red and white together in terms of x, we have x + 3x = 4x
We equate this to 24; 4x = 24 and x = 24/4; x = 6
The number wearing red probably is 3 * x = 3 * 6 = 18 people
