Answer:
757,576cents
Step-by-step explanation:
Given
Amount = $10000
Time = 4years
Rate = 8%
n = 1/4 year (compounded quarterly
Using the formula to get the principal
A = P(1+r/n)^nt
10000 = P(1+0.08/0.25)^4(1/4)
10000 = P(1+0.32)
10000= 1.32P
P = 10000/1.32
P = 7575.76
Hence he suppose to invest $7575.76 which is equivalent to 7575.76×100 cents i.e 757,576cents
Answer:
0.71
Step-by-step explanation:
The probability is a chance of an event happening. The probability of assured event is 100% or 1.
If there is no chance of an event happening the probability is zero (0).
The probability of snowing = 0.29
The probability of not snowing = 1 - 0.29
= 0.71
Answer:
1600
Step-by-step explanation:
1.25x + 1000 = 3000
Subtract 1000 from both sides
1.25x = 2000
Divide both sides by 1.25
x = 1600
Answer:
k = 4
Step-by-step explanation:
-9 +8k = 7+4k
Subtract 4k from each side
-9 + 4k = 7
Add 9 to each side
4k = 16
Divide by 4
k = 4
Plug in the value you got for k:
-9 + 8(4) ? 7 + 4(4)
-9 + 32 ? 7 + 16
23 ? 23
23 = 23
