Years for one serious accident is 10 year
<u>Given:</u>
Probability of having a serious accident = 10% every year
P(serious accident) = 0.1
Number of years = n
<u>Computation:</u>
Years for one serious accident = 1 / Probability of having a serious accident
Years for one serious accident = 1 / P(serious accident)
Years for one serious accident = 1 / 0.1
Years for one serious accident = 10 year
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28= 1,2,4,7,14,28,
44=1,2,4,11,22,44,
Answer:
she is wrong, offer 2 results in lower interests
Step-by-step explanation:
total amount paid if offer 1 is accepted:
$6,000 x (1 + 3%)² = $6,000 x 1.0609 = $6,365.40
she will pay $365.40 in interests
total amount paid if offer 2 is accepted:
($6,000 x 1.01) x 1.05 = $6,060 x 1.05 = $6,363
she will pay $363 in interests
Compounding interest refers to interest that earns more interest itself, e.g. in the first offer, the $180 of interests charged for the first year will earn $5.40 in extra interests. While offer 2 only charges $60 in interests during the first year which will in turn earn $3 of interests. The difference between both offers is that interest charges in offer 1 earn more interests than the interest in offer 2 = $5.40 - $3 = $2.40
Answer:
2/9
Step-by-step explanation:
Simplify 80°/360°
<h2><u>Solution (1)</u> :</h2>
Given, to find A we have to :
- square m
- Add y to m²
- Subtract 7 from m² + y
From the question, the following equation can be formed :
Therefore, the formula for finding A = m² + y - 7
<h2><u>Solution (2)</u> :</h2>
The value of A we can derive from the formula is :
Value of m = 3 (given)
Which means :
Thus, the value of A = 2+y
Therefore, the value of A = <u>2+y</u>
