Okay so basically you will need two sets of working out.
Sandra:
I=PRN
=14000x7x0.045
=4410
Cindy:
I=PRN
=14000x7x0.06
=5880
5880-4410
=1470
Therefore, Cindy earnt $1470 more than Sandra after 7 years.
Answer:
<u>7/8 probability means that it is likely</u>
Step-by-step explanation:
7/8 probability means that it is likely because 8/8 would mean certain. The closer the number gets to 8/8, the more likely it becomes. The farther away it goes, the less likely it becomes. Also, because half of 8 is 4, if the number on top is anything over 4, it means the chance is likely. If it's under 4, it's unlikely. And if it's exactly 4, then that means it is a 1/2 chance like flipping a coin.
<u><em></em></u>
<u><em>"However, everything I just wrote only applies for this specific probability."</em></u>
You are adding a negative and a positive. It is like subtracting 2.1 from 3.26. Because 2.1 is negative, whenever you add it to a number, you actually subtract. To do this:
3.26 + (-2.1) is like 3.26 - 2.1
3.26 - 2.1 = 1.16
