Compound interest formula = a=P(1+r/n)^nt
P= lump sum to deposit (solving for)
A= amount accumulated over the entire time (20000)
n= number of times interest is compounded annually (1)
r= rate of interest (0.82)
T= total number of years (15)
20000=P(1+0.082/1)^1*15
20000=P(1.082)^15
20000=P(3.26143638)
20000/3.26143638=P
P=$6132.2674
The percentage of the average yearly wage is 7.53%.
<h3>What are percentages?</h3>
Percentage can be described as a fraction of an amount that is usually expressed as a number out of hundred.
<h3>What is the percentage of the average yearly wage?</h3>
Percent = (amount spent on family holiday / total yearly wage) x 100
(1644 / 21842) x 100 = 7.53%
To learn more about percentages, please check: brainly.com/question/25764815
This problem cannot be done because it is not an equation meaning it does not have an “=“
Answer:
1/1024.
Step-by-step explanation:
There are 3 odd numbers in the numbers from 1 to 6. So:
Probability (one toss is odd) = 3/6 = 1/2.
So the Probability ( 10 tosses are all odd) = (1/2)^10
= 1/1024.
