Answer: the balance after 9 years is
$235.8
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $100
r = 10% = 10/100 = 0.1
n = 1 because it was compounded once in a year.
t = 9 years
Therefore,.
A = 100(1 + 0.1/1)^1 × 9
A = 100(1 + 0.1)^9
A = 100(1.1)^9
A = $235.8
Hello, Shakiya214!
If a fish tank contains 16 goldfish and 24 guppies, then we can deduce that the total number of fish in the tank is: 16 + 24 = 40 fish.
If there are 16 goldfish in the tank, then of the 40 total fish, we have a probability of 16/40.
To illustrate this idea, suppose we had n fish in the tank (a guppies and b goldfish). The probability of selecting any fish is 100% (because there are only fish in the tank). If we had to select the goldfish, we could choose them like this:
p₁, p₂, p₃, p₄ ... pₐ
We could choose any one of these fish twice. This leaves us with: 16/40
Now, if they were NOT replaced, we could simply do it again. Except this time, we can only choose 15 out of the remaining 39 goldfish, leaving us with a probability of: (16/40)(15/39) = 240/1560 = 6/39 = 2/13
Answer:
-3/4
Step-by-step explanation:
