Answer:
7/10 or 70%
Step-by-step explanation:
There has to be at least two T in each result of the simulation. This means you can also have 3 T's and 4 T's in the result.
These are the results that qualify as having at least two T's.
1. TTTT, 2. TTTT, 3. THTH, 4. HTTT, 5. TTTT, 7. HTHT, 9. THTH
That is 7 out of the 10 results which is 7/10 or 70%
Answer:
Step-by-step explanation:
Since only the principal value, interest rate and interest period are given, we can deduce that "finance charge" only includes the interest to be paid at the end of the term. This can be obtained by subtracting the principal value from the future value which we will solve for.
The future value can be solved by using the following compound interest formula:
Let:
F = Future value
P = Principal value
r<span> = annual interest rate </span>
n<span> = number of times that interest is compounded per year</span>
t<span> = number of years</span>
F = P(1 + r/n)^nt
Substituting the given values:
F = 4250(1 + 0.1325/12)^(12*2)
F = 5531.54
Subtracting P from F:
Finance charge = 5531.54 - 4250 = 1281.54
Therefore the finance charge is $1,281.54
Answer:
The answer is A.
Step-by-step explanation:
Answer:
50% increase
Step-by-step explanation:
% change = (new value-initial value)/initial value x 100
= (150-100)/100 x 100 = 50%
