Answer:
<
Step-by-step explanation:
the inverse of -18 is +18. +18 is less than 19
Answer:
<em>The interest earned is $302.18</em>
Step-by-step explanation:
<u>Compound Interest
</u>
It occurs when the interest is reinvested rather than paying it out. Interest in the next compound period is earned on the principal sum plus previously accumulated interest.
The formula is:
Where:
A = final amount
P = initial principal balance
r = interest rate
n = number of times interest applied per time period
t = number of time periods elapsed
The investment described in the question is of P=$600 at a rate of r=6%=0.06 for t=7 years compounded annually. The compounding period coincides with the time of interest rate, thus n=1.
Applying the formula:
A = $902.18
The interest is:
I = A - P = $902.18 - $600 = $302.18
The interest earned is $302.18
The answer would be 1
Slope formula is y2-y1/x2-x1
8-2/8-2
6/6
1
Answer:
0.02 or 2%
Step-by-step explanation:
Theoretical probability calculated by dividing the number of events you want to calculate(green marble) with the total event possible(red + blue + green). There are 4 red marbles, 5 blue marbles, and 1 green marble. The probability will be: 1/(4+5+1)= 1/10= 10%
The result of the experiment is:
Red=22
Blue= 24
Green=4
Experimental probability calculated by dividing the number of events occurs with the total number of trials. We pull green 4 times and do 50x pulls, so the probability is: 4/50= 8%
Difference between the theoretical probability and the experimental probability is: 10%- 8%= 2%