Answer:
3/2 or 1.5
Step-by-step explanation:
Answer:
No solution
Step-by-step explanation:
You cannot have an equation with variables on both sides. It won't work
Answer:
P(spades) = 7/10
Step-by-step explanation:
there are 10 different cards that can be picked, out of which what we want to pick is spades which are 7. and so there are 7 chances that we will get to pick spades out of all the 10 possibilities. hope it is easy to understand
Answer:
$ 50,340.97
Step-by-step explanation:
From the above question, we can deduce that we are to find the Initial amount invested which is also called the Principal.
The formula to find Principal in a compound interest question is:
P = A / (1 + r/n)^nt
Where:
A = Total Amount obtained after invested = $80,000
r = Interest rate = 3.1% = 0.031
n = number of times interest in compounded = Quarterly = 4
t = time in years = 15
P = $80,000/(1 + 0.031/4)^4 × 15
P = $80,000/(1 +0.00775)^60
P = $ 50,340.97
Hence, James would have to invest $50,340.97 today to have $80,000 in 15 years.
