Answer:
The Amount of money in the account after 28 years is $616,674.5
Step-by-step explanation:
Given as :
The principal amount placed in the account = p = $67,000
The rate of interest = r = 8.25%
The time period of amount in the account = t = 28
Let the Amount of money in the account = $A
Now<u>, From Compound Interest method</u>
Amount = Principal × ![(1+\dfrac{\textrm rate}{100})^{\textrm time}](https://tex.z-dn.net/?f=%281%2B%5Cdfrac%7B%5Ctextrm%20rate%7D%7B100%7D%29%5E%7B%5Ctextrm%20time%7D)
A = p × ![(1+\dfrac{\textrm r}{100})^{\textrm t}](https://tex.z-dn.net/?f=%281%2B%5Cdfrac%7B%5Ctextrm%20r%7D%7B100%7D%29%5E%7B%5Ctextrm%20t%7D)
Or, A = $67,000 × ![(1+\dfrac{\textrm 8.25}{100})^{\textrm 28}](https://tex.z-dn.net/?f=%281%2B%5Cdfrac%7B%5Ctextrm%208.25%7D%7B100%7D%29%5E%7B%5Ctextrm%2028%7D)
Or, A = $67,000 × ![(1.0825)^{28}](https://tex.z-dn.net/?f=%281.0825%29%5E%7B28%7D)
Or, A = $67,000 × 9.2041
∴ A = $616,674.7
So, The Amount of money in the account = A = $616,674.5
Hence, The Amount of money in the account after 28 years is $616,674.5 Answer
Answer: 25 percent of the jar is filled with orange candies
Step-by-step explanation:
In the jar, there are 3 yellow candies, 3 blue candies, and 2 orange candies. This means that the total number of candies inside the jar would be the sum of the yellow, blue and orange candies. It becomes
3 + 3 + 2 = 8 candies.
The percent of the jar filled with orange candies would be expressed as
number of orange candies/total number of candies × 100
It becomes
2/8 × 100 = 25%
Sample space = HHH, HHT, HTH, THH, TTT, TTH, THT, HTT (8 possibilities)
Desirable outcomes = TTH, THT, TTH (3 possibilities)
Required probability = 3/8
Answer:
exact form: n=-53/37
Step-by-step explanation:
isolate the variable by dividing each side by factors that don't contain the variable.
He plans to work 14 hours.
Here's the equation:
490-98= 392
392 divided by 28= 14 hours