Answer:
0.9
Step-by-step explanation:
You could just use a calculator.
Your money grows faster because the interest is added back into the principle and then the next time it compounds you get interest on the new principle amount. So for example, you deposit $100 in an account that gets 5% interest compounded semiannually. The first time it compounds you get $5 added to your account so your new balance is $105. The next time it compounds you get 5% on $105 so you get $5.25 added and so on. If this is only happening semi-annually that would be all you get for the year. But if it happens quarterly you would get would get deposits of $5.51 and $5.79 as well. If it compounds monthly or even daily your money would grow more and more. Hope this helps.
~ ANSWER=1/2 ~
Simple probability is found by counting all the results which fit requirements and dividing by all possible results.
To find probability of two results in a row, multiply chance of first result by chance of second result.
Since you are replacing the marble before the second draw, we don’t have to figure out the various changes in odds for the different possible first draws. It’s just that simple.
There are 5 white marbles
There are 4 red marbles
There are always 20 marbles in all
5/20*4/20=1/4*1/5=1/20 or 1/2
By coincidence, the same as the chance of drawing the white marble in one draw.
The solution or
the answer is x=1
Answer:
Not enough information to answer
Step-by-step explanation: