Each month the new total you be
initial amount * 1.024
Repeating the process for a year (=12 months) you get
initial amount * 1.024^12
Being initial amount = $100
100*1.024^12 = $132.92
After 1 year you will have $132.92
Answer:
What is the probability both are math phobic? 0.49%
What is the probability at least one is math phobic? 9.31%
Step-by-step explanation:
In order to both be math phobic, both individuals has to be inside of the probability of 7%, that means 0.07*0.07 = 0.0049 = 0.49%
In order to at least one be math phobic there's some cases which satisfies the sentence:
Individual A is math phobic and B as well = 0.07*0.07 = 0.0049 = 0.49%
Individual A is math phobic, but B is not = 0.07*0.63 = 0.0441 = 4.41%
Individual A is not, but B is math phobic = 0.63*0.07 = 0.0441 = 4.41%
Suming the 3 possibles cases, the probability at least one is math phobic
= 9.31%
Can you tell us the equation please?
Answer:
The answer is B
Step-by-step explanation:
b.
$26.83
