Answer:
There are 604,800 possible permutations.
Step-by-step explanation:
The order in which the digits are chosen is important, which means that the permutations formula is used to solve this question.
Permutations formula:
The number of possible permutations of x elements from a set of n elements is given by the following formula:
In this question:
7 digits from a set of 10(10 digits to 0-9). So
There are 604,800 possible permutations.
Answer:
$3628.24
Step-by-step explanation:
we use the formula for accrued value (A) with compounded interest:
where A= accrued value (principal plus the accumulated interest)
P = principal -> in our case $6000
r = annual interest rate (in decimal form) -> in our case 0.06
n = number of compoundings per year. In our case 2 (semiannually)
t = time in years -> in our case 8
Since this is the value of principal plus accumulated interest, we subtract from it the principal ($6000) to get the value of just the interest:
$9628.24 - $6000 = $3628.24