9514 1404 393
Answer:
$20.01
Step-by-step explanation:
In 2004–2012, the interest rate is 0.002%. In 2013, it is 0.004%. In 2014–2021, the interest rate is 0.002%. That is, in the 18 years between 2004 and 2021 (inclusive), the interest rate is 0.002% for 17 of them. The effective account multiplier is ...
(1.00002^17)(1.00004^1) = 1.00038006801
Then the account balance is ...
$20 × 1.00038006801 ≈ $20.01
_____
<em>Additional comment</em>
The annual interest earned on $20.00 is $0.0004. If the account balance is rounded to the nearest cent annually, at the end of the 18 years, the balance will still be $20.00. Not enough interest is earned in one year to increase the balance above $20. At the end of the 18 years, the amount of interest earned is 0.76¢ (a fraction of a penny) <em>only if there is no rounding in intervening years</em>.
Answer:
she earned 36$ and the store earned 409.5
Step-by-step explana
8% of 450
91% of 450
Answer:
Bob at the store
Step-by-step explanation:
Bob is at a store and wants to buy a banana, last time he checked it costed 2/6 of a dollar. Now it costs 3/4 times more.
Answer:
Step-by-step explanation:
common difference d=3-1=2
first term a=1
an=a+(n-1)d
2n-1=1+(l-1)2
2n-1=1+2l-2
2n-1=2l-1
l=n
(i used l for number of terms)
number of terms=n
Answer:
The variance for the number of tasters is 4.2
Step-by-step explanation:
For each person, there are only two possible outcomes. Either they are tasters, or they are not. The probability of a person being a taster is independent of any other person. So we use the binomial probability distribution to solve this question.
Binomial probability distribution
Probability of exactly x sucesses on n repeated trials, with p probability.
The variance of the binomial distribution is:
It is known that 70% of the American people are "tasters" with the rest are "non-tasters". Suppose a genetics class of size 20
This means that
So
The variance for the number of tasters is 4.2