Answer:
After 10 years
Rick will have $1,480.24
Sally will have $1,500
Step-by-step explanation:
Data provided in the question:
Principle amount = $1,000
Now,
For Rick
Interest rate by bank, r = 4% = 0.04
Time period, n = 10 years
Now,
Final amount after 10 years with Rick using the compounding formula
Final amount = Principle × (1 + r)ⁿ
= $1,000 × (1 + 0.04 )¹⁰
= $1,480.24
For Sally
Amount paid each year = $50
Therefore,
Total amount paid in 10 years = $50 × 10
= $500
Thus,
Final amount Sally will have after 10 years
= $1,000 + Total amount paid in 10 years
= $1,000 + $500
= $1,500
Hence,
After 10 years
Rick will have $1,480.24
Sally will have $1,500
Answer:
3/83
Step-by-step explanation:
Probability: the ways to get the desired result / all of the possible results.
To solve, plug in the values they give.
There are 6 packages of wild-caught shrimp from Honduras. (The desired result)
Now, to find all of the possible results, add the total number of packages together.
27 + 40 + 52 + 13 + 6 + 28 = 166
6/166 = 3/83
Thus, the answer is a 3/83 chance of getting a package of wild-caught shrimp came from Honduras.
Answer:
3.42582025
Step-by-step explanation:
According to a high-standard calculator, this is the answer.
Hope I helped:)!!