What is 0.07 10 times as much as
1 answer:
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Answer:
The question has some details missing; i.e
a. What is the probability that the shopper has neither type of card?
b. What is the probability that the shopper has both types of card?
c. What is the probability the individual has a Visa card but not a Mastercard? (Hint: You will use the answer)
a) 0.24
b) 0.24
c) 0.36
Step-by-step explanation:
The detailed steps is shown in the attachment.
Answer:
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
First, change 6% into a decimal:
6% -> -> 0.06
Since the interest is compounded semi-annually, we will use 2 for n. Lets plug in the values now and your equation will be: