Answer:
The total interest to pay back on the loan is $122.40
Step-by-step explanation:
Here. we want to get the amount of interest on the loan
We are going to use the compound interest formula here
A = P(1 + r/n)^nt
where A is the amount to be paid back
P is the amount borrowed called the principal which is $1,500
r is the interest rate which is 4% annually
This is same as 4/100 = 0.04
n is the number of times the interest will be compounded per year ; annually means yearly and so for this case, n = 1
t is the number of years = 2
So we have;
A = 1500(1 + 0.04/1)^(2)(1)
A = 1500(1.04)^(2)
A =$ 1,622.40
So the amount of interest is the difference between the amount borrowed and the value to pay back
That will be;
$1,622.40 - $1,500
= $122.40
Answer: M(2) = $1500*(1 - 0.026)^2 = $1423.01
Step-by-step explanation:
Initially in the acount there is $1500
You lose a 2.6% (or 0.026 in decimal form) per year, so after the first year you have:
M = $1500 - 0.026*$1500 = $1461
After other year, you lose oter 2.6%
M = $1461 - 0.026*$1461 = $1423.01
The equation can be writen as:
M(t) = $1500*(1 - 0.026)^t
Where t is the number of years, you can use t = 2 and get:
M(2) = $1500*(1 - 0.026)^2 = $1423.01
The probability that an adult likes soccer is aged between 18–30 will be 44.4%.
We have an adult who likes soccer.
We have to determine the probability the adult is aged 18–30.
<h3>What is Probability?</h3>
The formula to calculate the probability of occurrence of an event 'A' can be written as -
P(A) = 
where -
n(A) = Number of outcomes favorable to event A.
n(S) = Total number of outcomes.
According to question, we have an adult likes soccer.
The answer to this question is based on the hypothesis that the adults between 18 - 30 are highly energetic. To be more precisely - the adults in the range 18 - 24 and 24 - 30 are highly energetic and full of stamina. Above the age 30, the number of adults who like soccer will start to decrease and will hit nearly zero between the age range of 55 - 65 as the adults in this age group found it very difficult to even walk.
Mathematically -
The probability of an event A = an adult likes soccer is aged between 18–30 will be the highest value among the ones mentioned in options.
Hence, the probability that an adult likes soccer is aged between 18–30 will be 44.4%.
To solve more questions on Probability, visit the link below -
brainly.com/question/24028840
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Answer:
3
Step-by-step explanation:
Answer:
0.153
Step-by-step explanation:
Chjmk
In this question, we are asked to calculate the probability of selecting a sunflower greater than a particular height.
What to do in this case is to first find the z-score based on this information given.
Mathematically,
Z-score = x- mean/standard deviation
Here, z-score will have a value of;
(16.4-14.2)/2.15 = 1.023
Therefore,
P(height >16.4ft) = P(Zscore >1.023) = 1-Fz(1.023) = 0.153
