Steve will earn $160 interest after four years ⇒ 1st answer
Step-by-step explanation:
The formula of the simple interest is I = Prt, where
- P is the initial deposit
- r is the annual rate in decimal
- t is the time of investment
∵ Steve opens a bank account with a simple annual interest rate of 5%
∴ r = 5% = 5 ÷ 100 = 0.05
∵ His initial deposit is $800
∵ He will put the money for four years
∴ t = 4
- Substitute all these values in the formula above
∵ I = 800(0.05)(4)
∴ I = 160
Steve will earn $160 interest after four years
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In your question where ask to find the Standard Normal Distribution of the following:
give probabilities for 0<Z<infinity.
For these ranges, you can read directly, for example,
P(Z<1.96)=0.975.
So for #1, you read directly on the line 1.3 and column 0.03.
For #2, we note that the distribution is symmetrical about Z=0, so
P(Z<-2.33) is the same as P(Z>2.33)
which again is the same as
1-P(Z<2.33) because we know that the area under a probability distribution function adds up to 1.
For the remaining questions, work is similar to #2.
Answer:
108 is the answer I think
Marlee will have 21.05 inches of wire left, here is why;
115-25.75=89.25
89.25+30=119.25
119.25-38=81.25
81.25-60.2=21.05
She has 21.05 inches of wire left.