Marissa wants to know how much she would make using the simple interest calculation.
She will have $4,432.35
Given data
Principal = $3,900
Time = 7 years 6 months = 7.5 years
Rate = 1.82%
I = A - P = $532.35
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 1.82%/100 = 0.0182 per year.
Solving our equation:
A = 3900(1 + (0.0182 × 7.5)) = 4432.35
A = $4,432.35
The total amount accrued, principal plus interest, from simple interest on a principal of $3,900.00 at a rate of 1.82% per year for 7.5 years is $4,432.35.
Learn more about simple interest here:
brainly.com/question/20690803
Answer and Step-by-step explanation:
<u>You should pick Spinner A.</u> There is a high chance of getting red since there are three pieces of the spinner that has red on it, while Spinner B only has 2 instances of red.
<em><u>#teamtrees #PAW (Plant And Water)</u></em>
Answer:
89 rooms should be set for early book customer
Step-by-step explanation:
According to the given data we have the following:
OVERAGE(CO) = 200
SHORTAGE(CS) = 500
In order to calculate how many rooms should be set for early book customer we would have to use the following formula:
OPTIMAL BOOKING = MEAN + (Z * STDEV)
MEAN = 75
STDEV = 25
SERVICE LEVEL= CS / (CS + CO) = 500 / (500 + 200) = 0.7143
Z VALUE FOR 0.7143 = 0.57
OPTIMAL BOOKING = 75 + (0.57 * 25) = 89
89 rooms should be set for early book customer
