The amount after 2 years is $2,295.
Given that,
- The invested amount is $1,240.
- The rate of interest is 8%.
- The number of years is 2 × 4 = 8
Based on the above information, the amount after 2 years is
Future value = Present value ×(1 + rate of interest)^number of years
= $1,240 × (1 + 0.08)^8
= $1,240 × 1.08^8
= $2,295
Therefore we can conclude that the amount after 2 years is $2,295.
Learn more: brainly.com/question/18051939
Question:
In a neighbourhood pet show, each of the animals entered is equally likely to win. if there are 7 dogs, 6 cats, 3 birds, and 2 gerbils entered, what is the probability that a bird will win the top prize?
Answer:
Probability that a bird will win the top prize is 0.167
Step-by-step explanation:
Given:
The number of dogs = 7
The number of cats = 6
The number of birds = 3
The number of gerbils = 2
To Find:
Probability that a bird will win the top prize = ?
Solution:
Let us first find the total number of pets .
The Total number of pets = 7 + 6 + 3 + 2 = 18
Now the probability of a bird will win the top prize is
=> 
=>
=> 
=>0.167
Answer:
2 • (2x - 3) • (3x - 2)
Step-by-step explanation:
Answer: 18450
Step-by-step explanation: