Annually The amount after 10 years = $ 7247.295
quarterly compound after 10 years = $7393.5
Continuously interest =$7,419
Given:
P = the principal amount
r = rate of interest
t = time in years
n = number of times the amount is compounding.
Principal = $4500
time= 10 year
Rate = 5%
To find: The amount after 10 years.
The principal amount is, P = $4500
The rate of interest is, r = 5% =5/100 = 0.05.
The time in years is, t = 10.
Using the quarterly compound interest formula:
A = P (1 + r / 4)4 t
A= 4500(1+.05/4)40
A= 4500(4.05/4)40
A= 4500(1.643)
Answer: The amount after 10 years = $7393.5
Using the Annually compound interest formula:
A = P (1 + r / 100) t
A= 4500(1+5/100)10
A= 4500(105/100)10
Answer: The amount after 10 years = $ 7247.295
Using the Continuously compound interest formula:
e stands for Napier’s number, which is approximately 2.7183
A= $2,919
Answer: The amount after 10 years = $4500+$2,919=$7,419
More details :brainly.com/question/13307568
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Answer:
a) 9%
, not unusual
b) 42.4%
c) 48.4%
d) 11.1%
, 44.4%
, 44.4%
Step-by-step explanation:
We have the following information from the statement:
n = 12
r = 4
a)
P (likebothofthem) = P (likefirstsong) * P (likesecondsong)
P = 4/12 * 3/11
P = 0.09 = 9%
The probability is not unusual, unusual is considered less than 0.05 or 5%
b)
P (likeneither) = P (notlikefirstsong) * P (notlikesecondsong)
P = 8/12 * 7/11
P = 0.424 = 42.4%
c) P (likeexactlyoneofthem) = P (firstsongliked) * P (secondsongnotliked) + P (firstsongnotliked) * P (secondsongliked)
P = (4/12 * 8/11) + (8/12 * 4/11)
P = 0.484 = 48.4%
d)
a)
P (likebothofthem) = P (likefirstsong) * P (likesecondsong)
P = 4/12 * 4/12
P = 0.111 = 11.1%
The probability is not unusual, unusual is considered less than 0.05 or 5%
b)
P (likeneither) = P (notlikefirstsong) * P (notlikesecondsong)
P = 8/12 * 8/12
P = 0.444 = 44.4%
c) P (likeexactlyoneofthem) = P (firstsongliked) * P (secondsongnotliked) + P (firstsongnotliked) * P (secondsongliked)
P = (4/12 * 8/12) + (8/12 * 4/12)
P = 0.444 = 44.4%
Answer:
0.95
Step-by-step explanation:
Quarter = 0.25
Dime = 0.10
0.25+0.25+0.25= 0.75
0.10+0.10= 0.10
0.10+0.75 = 0.95
