$20,000 is between $15,000 and $49,999, so we'll use the interest rate of 6.5% (see row 3)
r = 6.5% = 6.5/100 = 0.065
We'll use the decimal form of the interest rate as it is most common for financial math problems.
P = 20,000 is the amount deposited
t = 1 year is the amount of time
We will plug those values into the formula
i = P*r*t
to get the following:
i = P*r*t
i = 20000*0.065*1
i = 1300
So Mark earns $1,300 in simple interest each year.
The answer is 3.25 or 3 1/4
As a fraction, 54% is 27/50.
Answer:
u
Step-by-step explanation:
Answer:
The estimated probability that Ginger will eat a a pizza everyday of the week is;
D. 8/10 = 80%
Step-by-step explanation:
The given parameters are;
The frequency with which Ginger buys launch = Everyday
The percentage of the time the cafeteria has pizza out = 80%
The outcome of 0 and 1 = No pizza available
The outcome of 2, 3, 4, 5, 6, 7, 8, and 9 = Pizza available
Therefore, we have the;
Group number
Percentage of time pizza available
1
80%
2
80%
3
80%
4
80%
5
40%
6
100%
7
80%
8
100%
9
80%
10
80%
Therefore, the sum of the percentages outcome the days Ginger eats pizza = 0.8 + 0.8 + 0.8 + 0.8 + 0.4 + 1 + 0.8 + 1 + 0.8 + 0.8 = 8
The number of runs of simulation = 10 runs
The estimated probability that Ginger will eat a a pizza everyday of the week = (The sum of the percentages outcome the days Ginger eats pizza)/(The number of runs of simulation)
∴ The estimated probability that Ginger will eat a a pizza everyday of the week = 8/10