Answer:
<em>$7,196.42 </em>
Step-by-step explanation:
Using the compound interest formula to fins the amount after 10years;
A = P(1+r)^n
Principal P = $400,000
Rate r = 8% = 0.08
Time t = 10 years
Substitute
A = 400,000(1+0.08)^10
A = 400,000(1.08)^10
A = 400,000(2.1589)
A = 863,569.99
A ≈ 863,570
Hence the amount after 10 years is $863,570
Monthly deposit = $863,570/120 (10 years is equivalent to 120months)
Monthly deposit = 7,196.42
<em>Therefore he will have to deposit $7,196.42 into his account monthly</em>
Step-by-step explanation:
Given that Rita is making a beaded bracelet. She has a collection of 160 blue beads, 80 gray beads, and 240 pink beads. We are to calculate the probability that Rita will need to pick atleast 5 beads before she picks a grey bead from her collection.
Prob for drawing atleast 5 beads before she picks a grey bead from her collection
= 1-Prob for drawing atleast one grey beed in the first 5 draws.
(Because these two are complementary events)
no of grey beeds drawn in first 5 trials is
Bi=(5,1/6)
Prob for drawing atleast one grey beed in the first 5 draws.
=1-Prob of no grey
Hence required prob=P(X=0 in first 5 draws)
= 0.4018
6th beeds onwards can be grey also.
Nearest answer is c)0.45
Answer:
(3, 13)
Step-by-step explanation:
The curve decreases from x = 3 to x = 13.
Answer: (3, 13)
This what it should look like. did you need the steps or no ?
Answer:
no
Step-by-step explanation:
2 boxes of eggs = 1.30 × 2 = 2.60
1 bottle of juice = 2.60
he payed 10 and got 0.90 so he payed 9.10
9.10-2.60-2.60= 3.90 which is the price of the 3 baguettes so.... 3.90÷3= 1.30£ is the price for 1 baguette
