Suppose we want to choose 2 objects without replacement from the 4 colors red, blue, green, purple. How many ways can this be do
1 answer:
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If I've read this correctly, it looks like this.
If that is correct, then the first step is to put the top part of the denominator over 3x
The next part is to flip a three tier fraction. I'm afraid I have to show what happens. My latex is not that strong.
What you get is
This is just about your final answer. You could write it as
Answer:
He should pay $2,790.7.
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E is the amount of interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time, in years.
After t years, the total amount of money is:
In this question:
Rate of 10%, so I = 0.1.
9 months, so
How much should he pay for a note that will be worth $3,000 in 9 months?
We have to find P for which T = 3000. So
Then
He should pay $2,790.7.