What is the probability of rolling a multiple of 5

Mathematics

1 answer:

givi [52]2 years ago

5 0

Answer:

since you didn't give us a range, the possibility is infinity as there is no specified number of sides, and that answer doesn't really help. please be more specific in your future questions.

if the die has 6 sides, the probability of rolling a multiple of 5 is 1/6.

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If $300 is invested at a rate of 6% per year and is compounded quarterly, how much will the investment be worth in 12 years?

MAXImum [283]

Answer:

$613.04

Step-by-step explanation:

Compound Interest Formula:

$A = P(1+\frac{r}{n})^{nt}$

n = number of compounds

t = time

r = interest rate

P = principle amount (original amount)

A = final amount

Since it's compounded quarterly, that means there will be 4 compounds per year, so n=4. The interest rate has to be converted to the decimal value, and this is done by simply dividing it by 100 to get r=0.06.

Plug Values into equation:

$A = 300(1+\frac{0.06}{4})^{12*4}$