The probability is <span>5.55555555555556% or rounded is 6%.</span>
To calculate amount accrued after a given period of time we use the compound interest formula: A= P(1+r/100)∧n where A i the amount, P is the principal amount, r is the rate of interest and n is the interest period.
In the first part; A= $ 675.54, r= 1.25% (compounded semi-annually) and n =22 ( 11 years ), hence, 675.54 = P( 1.0125)∧22
= 675.54= 1.314P
P= $ 514.109 , therefore the principal amount was $ 514 (to nearest dollar)
Part 2
principal amount (p)= $ 541, rate (r) = 1.2 % (compounded twice a year thus rate for one half will be 2.4/2) and the interest period (n)= 34 (17 years×2)
Amount= 541 (1.012)∧34
= 541 ×1.5
= $ 811.5
Therefore, the account balance after $ 811.5.
Answer:
m=-11
Step-by-step explanation:
All you have to do is subtract 3 from both sides and you get -11!
I hope this helps and have a great day!
Answer:
30%
Step-by-step explanation:
If the price went up to 65 from 50, that is an increase of 15. 15 is 30% of 50.
Answer:
All angles in a triangle sum up to 180 degrees.
So, 63+71+x=180 degrees.
You add like terms: 134, and then add x.
134+x=180 degrees.
Minus x from both sides.
180-134=x.
What do you think x is?
