A = P(1 + rt)
Where:
<span>·
</span>A = Total Accrued Amount (principal + interest)
<span>·
</span>P = Principal Amount
<span>·
</span>I = Interest Amount
<span>·
</span>r = Rate of Interest per year in decimal; r = R/100
<span>·
</span>R = Rate of Interest per year as a percent; R = r * 100
<span>·
</span>t = Time Period involved in months or years
A = 15,000(1+ 0.07(5))
A = 20,250 they acquired in total for 5 years
The yearly amount the get is 15,000 xx 0.07 = $ 1050 per
year
So in the next 25 years addition of 1050x25 = $26250 they
will get
Answer:
16.7%.
Step-by-step explanation:
There are initially
pencils in the bag.
Take a pencil out of this bag of 47 pencils. 15 out of the 47 pencils blue. Let
represent the event of getting a blue pencil on the first pick. The probability of getting a blue pencil is:
.
There are now
pencils left in the bag. However, given that the first pencil removed from the bag is blue, the number of red pencils in the bag will still be 24. Take another pencil out of this bag of 46 pencils. Let
represent the event of getting a red pencil on the second pick. The possibility that the second pencil is red given that the first pencil is blue will be:
.
The question is asking for the possibility that the first pencil is blue and the second pencil is red. That is:
.
6 is your answer so it's like this x=3 y=6 or x=6 y=3