Marissa is drawing coins from a bag that contains 5 pennies (yellow), 4 nickels (green), 5 dimes
1 answer:
Answer:
Step-by-step explanation:
Total number of coins in the bag = 5 + 4 + 5 + 2 = 16 coins
Number of nickels in the bag = 4
We have to find the probability that Marissa draws a nickels from the bag.
Probability is defined as the ratio of Number of "Favorable Outcomes" to "Total number of possible outcomes"
In this case total number of possible outcomes is the total number of coins which is 16.
Favorable/Desires outcome is drawing a Nickle from the bag which are 4 in number. So, number of favorable outcomes is 4
Therefore, the probability that she will draw a nickel =
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The final amount in the account after 25 years is $24670.42.
<h3>How do you calculate the final Amount after 25 Years?</h3>Given that 3400 dollars are placed in an account with an annual interest rate of 8.25% for 25 years.
The final amount in the account is calculated by the formula given below.
Where A is the final amount, P is the initial principal balance, R is the interest rate, T is the time period.
The final amount is given below.
Hence we can conclude that the final amount in the account after 25 years is $24670.42.
To know more about the compound interest, follow the link given below.
brainly.com/question/25857212.