Value of the boat after 9 years= 12050*(1-0.12)^9
=$3814(correct to nearest integer)
Since simple interest doesn't involve compounding, the same amount gets added on every year. So, the equation for the simple interest received is
, where
is the total interest,
is the original deposit (or "principal"),
is the interest rate, and
is the time passed in years.
Plugging in our values, we can solve for the interest rate:
Answer:
Step-by-step explanation:
5a = 240.96
5b = 20.08
Y=3x-5 and passes through the point 5,10 should be 56
Answer: P(A∪B) = 1/3
Step-by-step explanation:
Red Garments = 1 red shirt + 1 red hat + 1 red pairs of pants
Total Red Garments = 3
Green Garments = 1 green shirt + 1 green scarf + 1 green pairs of pants
Total Green Garments = 3
The total number of garments = Total Red Garments + Total Green Garments:
3 + 3 = 6
Let A be the event that he selects a green garment
P(A) = Number of required outcomes/Total number of possible outcomes
P(A) = 3/6
Let B be the event that he chooses a scarf
P(B) = 1/6
The objective here is to determine P(A or B) = P(A∪B)
Using the probability set notation theory:
P(A∪B) = P(A) + P(B) - P(A∩B)
P(A∩B) = Probability that a green pair of pant is chosen = P(A) - P(B)
= 3/6-1/6
= 2/6
P(A∪B) = 1/2 + 1/6 - 2/6
P(A∪B) = 2/6
P(A∪B) = 1/3
I hope this helps. :)
