Answer:
1/6
Step-by-step explanation:
Answer:
7/20
Step-by-step explanation:
7/10 ÷ 2/1 is the same as 7/10 * 1/2 which is 7/20
Answer:
Therefore, the probability is P=0.74.
Step-by-step explanation:
We know that Jose estimates that if he leaves his car parked outside his office all day on a weekday, the chance that he will get a parking ticket is 26%.
Therefore the probability that he will get a parking ticket is P1=0.26.
We calculate the probability that he will not get a parking ticket.
We get:
P=1-P1
P=1-0.26
P=0.74
Therefore, the probability is P=0.74.
There are 4.5 ounces of applesauce in each container
Answer:
The value of first coin will be $151.51 more than second coin in 15 years.
Step-by-step explanation:
You have just purchased two coins at a price of $670 each.
You believe that first coin's value will increase at a rate of 7.1% and second coin's value 6.5% per year.
We have to calculate the first coin's value after 15 years by using the formula
![A=P(1+\frac{r}{100})^{n}](https://tex.z-dn.net/?f=A%3DP%281%2B%5Cfrac%7Br%7D%7B100%7D%29%5E%7Bn%7D)
Where A = Future value
P = Present value
r = rate of interest
n = time in years
Now we put the values
![A=670(1+\frac{7.1}{100})^{15}](https://tex.z-dn.net/?f=A%3D670%281%2B%5Cfrac%7B7.1%7D%7B100%7D%29%5E%7B15%7D)
![A=670(1+0.071)^{15}](https://tex.z-dn.net/?f=A%3D670%281%2B0.071%29%5E%7B15%7D)
![A=670(1.071)^{15}](https://tex.z-dn.net/?f=A%3D670%281.071%29%5E%7B15%7D)
A = (670)(2.797964)
A = 1874.635622 ≈ $1874.64
Now we will calculate the value of second coin.
![A=670(1+\frac{6.5}{100})^{15}](https://tex.z-dn.net/?f=A%3D670%281%2B%5Cfrac%7B6.5%7D%7B100%7D%29%5E%7B15%7D)
![A=670(1+0.6.5)^{15}](https://tex.z-dn.net/?f=A%3D670%281%2B0.6.5%29%5E%7B15%7D)
![A=670(1.065)^{15}](https://tex.z-dn.net/?f=A%3D670%281.065%29%5E%7B15%7D)
A = 670 × 2.571841
A = $1723.13
The difference of the value after 15 years = 1874.64 - 1723.13 = $151.51
The value of first coin will be $151.51 more than second coin in 15 years.