1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Strike441 [17]
3 years ago
8

Work out the balance for £3000 invested for 3 years at 5% per annum

Mathematics
1 answer:
Paha777 [63]3 years ago
6 0
It depends in the type on interest

Simple Interest
PxRxT
£3000 x 0.05 x 3 = £450
£3000 + £450 = £3450

Compound Interest
Px(1+R)^T
£3000 x (1 + 0.05)³ = £3472.875 = £3472.88
You might be interested in
United Flight 15 from New York's JFK airport to San Francisco uses a Boeing 757-200 with 182 seats. Because some people with res
Tcecarenko [31]

Answer:

There is a 29.27% probability that the flight is overbooked. This is not an unusually low probability. So it does seem too high so that changes must be made to make it lower.

Step-by-step explanation:

For each passenger, there are only two outcomes possible. Either they show up for the flight, or they do not show up. This means that we can solve this problem using binomial distribution probability concepts.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.\pi^{x}.(1-\pi)^{n-x}

In which C_{n,x} is the number of different combinatios of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

And \pi is the probability of X happening.

A probability is said to be unusually low if it is lower than 5%.

For this problem, we have that:

There are 200 reservations, so n = 200.

A passenger consists in a passenger not showing up. There is a .0995 probability that a passenger with a reservation will not show up for the flight. So \pi = 0.0995.

Find the probability that when 200 reservations are accepted for United Flight 15, there are more passengers showing up than there are seats available.

X is the number of passengers that do not show up. It needs to be at least 18 for the flight not being overbooked. So we want to find P(X < 18), with \pi = 0.0995, n = 200. We can use a binomial probability calculator, and we find that:

P(X < 18) = 0.2927.

There is a 29.27% probability that the flight is overbooked. This is not an unusually low probability. So it does seem too high so that changes must be made to make it lower.

5 0
3 years ago
Will mark as brainliest if correct
Dvinal [7]
5= 7 ^x
X=ln5/ln7
X=0.827
5 0
3 years ago
Find the volume of this triangular prism.
Ivanshal [37]

Answer:

45m^3

Step-by-step explanation:

Given that the area of thee triangle is 3m^2 and the volume formula is b x h x w. You have b x h of the triangle so you just need to multiply by the width of the prism which is 15. 3x15=45

7 0
3 years ago
Lee spent 1/3 of his money on a jacket then he spent 1/4 of he remainder on a skirt how much did his spend on the skirt and how
serg [7]
How is it possible to know how much he started with? Or is it not asking for an exact amount?
6 0
3 years ago
They randomly survey 50 students about how much money they spend on lunch each day. What is the expected value for a student to
siniylev [52]
2$ for public 3-4$ for private
3 0
3 years ago
Other questions:
  • What is the volume of the prism below with height of 5 base of 10
    6·1 answer
  • What is the product of the binomial (x+4)(x+3)
    5·1 answer
  • hELP!!! PLEASE?! BRAINLIEST ANSWER INCLUDED!!! A cashier has a total of 98 bills, made up of fives and fifties. The total value
    5·1 answer
  • Put the integers in least to greatest -6, 3, -12, -8, 15, -13, 4, 10, -14, 2, 11
    5·2 answers
  • I need help immediately with these two problems.
    15·1 answer
  • Question 2<br> Evaluate.<br> 3(4-2) +8<br> Need help
    12·2 answers
  • on Wednesday jean's nursery received a shipment of 60 flowering crabapple trees. jean has ordered 80 trees. what percent of her
    7·1 answer
  • What is the correct way to read 309.48
    14·2 answers
  • 2000 tennis balls are divided into packs of 3 how many more tennis balls are needed to make another full pack
    13·1 answer
  • 18-(∛27)^3<br> Find The cube root
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!