Hey there!
3(q + 34)= 2
First distribute:
3(q) + 3(34)
3(q) = 3q
3(34) = 102
New equation: 3q + 102 = 2
Subtract by 102 on each of your sides:
3q + 102 - 102 = 2 - 102
Cancel out: 102 - 102 because it gives us 0
Keep: 2 - 102 because it helps us solve for our q
2 - 102 = - 100
New equation: 3q = -100
Divide both sides by 3
3q/3 = -100/3
Cancel out: -3q/3 because it gives us 1
Keep: -100/3 because it gives us the answer for q
Answer: q = -100/3 ✅
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B 0.8 because the probability of rainy days 0.2 then the probability of sunny days is 0.8
Answer:
6.517%
Step-by-step explanation:
This is a multi-year investment and we are not working with a $1 initial investment. There is no mention of compounding so we will use formula A=P0⋅(1+r)N with A=$18,434 and P0=$14,320. We do not know the value of r. However, N=4 years. Substituting the values we have $18,434=$14,320⋅(1+r)4. Divide both sides of the equation by $14,320. Next, take the fourth root of both sides of the equation and subtract 1 to find the decimal form of r.
$18,4341.287291.065170.06517=$14,320⋅(1+r)4=(1+r)4=1+r=r
Finally, convert r to a percent.
r=0.06517×100%=6.517%
Answer:
15%
Step-by-step explanation:
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Answer:
$5520
Step-by-step explanation:
Given data
Principal= $24000
Rate=10%
time= 2 years
Firstly, the compound interest is given as
A=P(1+r)^t
A=24000(1+0.1)^2
A=24000(1.1)^2
A=24000*1.21
A=$29040
The simple interest is given as
A=P(1+rt)
A=24000(1+0.1*2)
A=24000(1.2)^2
A=24000*1.44
A=$34560
Hence the difference is
=34560-29040
=$5520
