Answer:
16
Step-by-step explanation:
61+3=64
16*4=64
64=64
Answer: it will take 13.3 years
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 6000
A = 10000
r = 4% = 4/100 = 0.04
n = 12 because it was compounded 12 times in a year.
Therefore,.
10000 = 6000(1 + 0.04/12)^12 × t
10000/6000(1 + 0.0033)^12t
1.67 = 1.0033^12t
Taking log to base 10 of both sides, it becomes
Log 1.67 = 12tLog 1.0033
0.223 = 12t × 0.0014
0.223 = 0.0168t
t = 0.223/0.0168
t = 13.3 years
Answer:
13%
Step-by-step explanation:
Given the two way frequency table :
Country Music Rock Total
West 26 15 41
East 24 22 46
South 7 33 40
North 41 25 66
Total 98 95 193
From. The table :
n(West n Country music) = 26
n(Total) = 193
P(West n Country music) = n(West n Country music) / n(Total)
P(West n Country music) = 26 / 193
= 0.1347
= 13.47%
= 13%
2.25 + 0.59 + 6.49 + 1.49 = 10.82 dollars
10.82 - 5.25 = $5.57 is his total purchase
