The ratio of that probability is 3 : 4
Answer:
A mathematical equation is an equation with zero or one variables (e.g., 9 = 6 + 3; 9 = x + 3), whereas an algebraic equation
Step-by-step explanation:
Answer:
8.43 years
Step-by-step explanation:
Given data
Cost price P= $4995
Rate r= 10%
FInal amount A= $2150
The expression for the time/duration is given as
t= ln(A/p)/r
t= ln(2150/4995)/0.1
t= ln(0.430)/0.1
t= 0.843/0.1
t= 8.43
Hence the time it will take is 8.43 years
Answer:
a. $ 2,431.01 = 4 years
b. $ 4,584.04 = 17 years
c. 4.57 years = $ 2,499.57
d. 8.3 year = $ 2,998.48
e. $ 2,431.01 = 4 years
Step-by-step explanation:
Compound Interest Equation
A = P(1 + r/n)nt
Where:
A = Accrued Amount (principal + interest)
P = Principal Amount
I = Interest Amount
R = Annual Nominal Interest Rate in percent
r = Annual Nominal Interest Rate as a decimal
r = R/100
t = Time Involved in years, 0.5 years is calculated as 6 months, etc.
n = number of compounding periods per unit t; at the END of each period
Answer:
2/3
Step-by-step explanation:
5/9 + 1/9
= 6/9
= 2/3 in simplest form