The total amount of money accrued ( principal and interest ) in 35 years is $570.78.
<h3>What is the total amount accrued?</h3>
The formula for compound interest is expressed as;
A = P( 1 + r/t )^(n×t)
Given the data in the question;
- Principal P = $200
- Rate r = 3% = 3/100 = 0.03
- Compounded monthly n = 12
- Time t = 35
- Amount accrued in 35 years A = ?
Plug the given values into the equation above.
A = P( 1 + r/n )^(n×t)
A = 200( 1 + 0.03/12 )^(12×35)
A = 200( 1 + 0.0025 )^(420)
A = 200( 1.0025 )^(420)
A = 200( 2.85390914 )
A = $570.78
Therefore, the total amount of money accrued ( principal and interest ) in 35 years is $570.78.
Learn more about compound interest here: brainly.com/question/27128740
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Answer:
Step-by-step explanation:
9*21*2+18*9*2+21*18+35*20+(35*20-21*18)+35*15*2+15*20*2
= 378 + 324+ 378 + 700 + 700 - 378 + 1050 + 600
= 3752
You would add because that is just how i thought of it
Let X be the number of lightning strikes in a year at the top of particular mountain.
X follows Poisson distribution with mean μ = 3.8
We have to find here the probability that in randomly selected year the number of lightning strikes is 0
The Poisson probability is given by,
P(X=k) = 
Here we have X=0, mean =3.8
Hence probability that X=0 is given by
P(X=0) = 
P(X=0) = 
P(X=0) = 0.0224
The probability that in a randomly selected year, the number of lightning strikes is 0 is 0.0224
20 it the least common multiple of the numbers given
