Answer:
12.3693
Step-by-step explanation:
use distance formula
Answer:
$1,592.74
Martha will need to pay $1,592.74 more
Step-by-step explanation:
Using the compound interest/inflation formula;
A = P(1+r)^(t)
Where;
A = final value
P = initial value = $10,000
r = inflation rate = 3% = 0.03
t = time = 5 years
Substituting the values;
A = $10,000(1+0.03)^(5)
A = $11592.740743
A = $11,592.74
How much more will Martha need to save;
C = final value - initial value = A - P
C = $11,592.74 - $10,000
C = $1,592.74
Martha will need to pay $1,592.74 more
75-31= 44
44/75= 0.58666 or 58.7%
Subtract 31 from 75 since we're figuring out greater than or "equal to" we want to include the number 32 in our equation. If it was only "greater than" 32 then we'd subtract 32 from 75. Then you divide that number(44) by 75, which is all the possible outcomes you could have in this scenario. Move the decimal two places to the right to make it a percentage and you've got your answer.
