Answer:
6%, 1/2, 0.6, 6/5
Step-by-step explanation:
Answer:
8 green tshirts
Step-by-step explanation:
Answer:
n=601
Step-by-step explanation:
Formula used:

Solution:

Where,

As there is no previous estimate for p
Then, p=0.5
Here on using the table

Also,
E=0.04
p=0.5
Thus,
n=600.2279407
On approximating the value,
n=601
Answer:
If using simple interest, the formula is:
= Amount * ( 1 + rate * time)
= 20,000 * ( 1 + 4% * 5)
= $24,000
Interest = Balance after 5 years - Investment
= 24,000 - 20,000
= $4,000
Using Compound Interest:
= Amount * ( 1 + rate)^time
= 20,000 * ( 1 + 4%)⁵
= $24,333.06
Interest = 24,333.06 - 20,000
= $4,333.06
Can't see it the equation is to blurry.