10 people....
40 3 120
---- * ----- = -------- = 30
1 4 4
Within 30, 1/3 got a part in the show....
30 1 30
----- * ---- = ------- = 10
1 3 3
10 people got parts
True false false true divided 4626÷340=13.605882353
First question:
interest rate is 5% annually. After 4 years relative value of interest will be 1.05^4
Now we multiply that with starting funds and get
4000* 1.05^4 = 4862.03
Second question:
Because interest is 8% semiannually that means that after 35 years relative value of interest will be 1.04^(35*2)
6000*1.04^70 = 93,429.71
Third question:
after first year tractor's value will be 0.86*15450. After 3 years its value will be:
(0.86)^3*15,450 = 9,827.07
