The amount of money you deposit into the account is $3000
<h3>How much money did you deposit into the account? </h3>
The given parameters are
Rate, r = 8%
Time, t = 5 years
Interest, I = $1200
The formula of simple interest is
I = PRT
So, we have
1200 = I * 8% * 5
This gives
1200 = I * 0.4
Divide both sides by 0.4
I = 3000
Hence, the amount of money you deposit into the account is $3000
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Answer:
56
Step-by-step explanation:
I think it's 7 1/2 because you can turn 30 1/4 to 15/2, which simplifies to 7 1/2
The probability that twenty customers will visiting Target stores will be 0.0007979.
<h3>How to calculate the probability?</h3>
Your information is incomplete but the question will be solved based on the available information.
The probability an individual visiting Target purchases something is 0.70. Therefore, the probability that 20 customers visit will be:
= 0.70^20
= 0.0007979
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