Answer:
x = 0
Step-by-step explanation:
First we set up our equation. From the picture we can see that:
11 + x + 1 = 2x + 12
Now we can gather our like terms:
x + 12 = 2x + 12
Lets subtract x from both sides to isolate the x on the left:
12 = x + 12
Next we subtract 12 from both sides
x = 0
Check the answer
11 + 0 + 1 = 2(0) + 12
12 = 0 + 12
12 = 12
The amount of the loan after 11 years is $34,113.53 and the intereest earned is $4,113.53
<h3>How to calculate the compound interest</h3>
The formula for calculating the exponential function is expressed as:
Given the following
- P = 30,000
- r = 0.047
- t = 11 years
- n = 4
Substitute into the formula to have:
Hence the amount of the loan after 11 years is $34,113.53
<h3>
Find the interest earned</h3>
Interest = A - P
Interest = 34,113.53 - 30000
Interest = 4,113.53
Hence the intereest earned is $4,113.53
Learn more on compound interest here: brainly.com/question/24924853
Answer:
what's on the channel
Step-by-step explanation:
Answer:
You are expected to lose $0.05 (or win -$0.05)
Step-by-step explanation:
Since the roulette wheel has the numbers 1 through 36, 0, and 00, there are 38 possible outcomes.
In this bet, you are allowed to pick 3 out of the 38 numbers. Thus, your chances of winning (P(W)) and losing (P(L)) are:
The expected value of the bet is given by the sum of the product of each outcome pay by its probability. Winning the bet means winning $11 while losing the bet means losing $1. The expected value is:
Therefore, with a $1 bet, you are expected to lose roughly $0.05