Answer:
First account (simple interest)
Step-by-step explanation:
The amount of interest earned by the first account is ...
I = Prt = $2000·0.04·7 = $2000·0.28 = $560
The amount in the second account at the end of 7 year is ...
FV = P·(1+r)^t = $2000·1.02^7 = $2297.37
so you have earned $297.37 in interest on the second account.
$560 is more than $297, so the First Account (simple interest) earns more money.
Answer:
0.109375
Step-by-step explanation:
7/8 divided by 8 will be 0.109375
Answer:
a) 4,096
b) 0.000244
Step-by-step explanation:
a)
By the Fundamental rule of counting, there are
4*4*4*4*4*4 = 4,096
ways of forming six-digit arrangements where each position has 4 possibilities (1 to 4)
b)
The probability of entering the correct code on the first try, assuming that the owner does not remember the code is
1/4096 = 0.000244
There are 3 nickels because if you use the ratio 6 to 1 you multiply 6 by 3 to get 18 pennies and you do the same with the one and that’s how I got 3 nickels.
The answer would be 16 because 40 divided by 5 is 8 and 8 times 2 is sixteen so it would be 16
