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xeze [42]
4 years ago
13

$1400 at 1.25% for 3 years what is the balance of the account

Mathematics
1 answer:
grin007 [14]4 years ago
7 0

Answer:

\$1,452.5

Step-by-step explanation:

we know that

The simple interest formula is equal to

A=P(1+rt)

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest  

t is Number of Time Periods

in this problem we have

t=3\ years\\ P=\$1,400\\r=0.0125

substitute in the formula above

A=\$1,400(1+0.0125*3)

A=\$1,400(1.0375)=\$1,452.5

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What is the domain and range of the function f(x) = x^2 -4x-5?
Tems11 [23]
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5 0
3 years ago
3⋅ 3/5 (3/5 is a fraction)
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6 0
4 years ago
A bowl of buttons contains 10 MAGA [MAKE AMERICA GREAT AGAIN] buttons, 5 GND [GREEN NEW DEAL] buttons and 10 NAW [NEVER A WALL]
kondaur [170]

Answer:

a) Probability of picking Two MAGA buttons without replacement = 0.15

b) Probability of picking a MAGA and GND button in that order = 0.0833

Probability of picking a MAGA and GND button in with the order unimportant = 0.167

Step-by-step explanation:

10 MAGA [MAKE AMERICA GREAT AGAIN] buttons, 5 GND [GREEN NEW DEAL] buttons and 10 NAW [NEVER A WALL] buttons.

Total number of buttons = 10 + 5 + 10 = 25

Let probability of picking a MAGA button be P(M) = 10/25 = 0.4

Probability of picking a GND button be P(G) = 5/25 = 0.2

Probability of picking a NAW button be P(N) = 10/25 = 0.4

a) Probability of picking Two MAGA buttons without replacement = (10/25) × (9/24) = 3/20 = 0.15

b) Probability of picking a MAGA and GND button in that order = (10/25) × (5/24) = 1/12 = 0.0833

Probability of picking a MAGA and GND button in with the order unimportant = [(10/25) × (5/24)] + [(5/25) × (10/24)] = 1/6 = 0.167

3 0
4 years ago
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