Answer:
Step-by-step explanation:
Step one:
given data
Maya
P=$1650
r=5%= 0.05
t= 4 years
The simple interest expression is
A=P(1+rt)
A=1650(1+0.08*4)
A=1650(1+0.32)
A=1650(1.32)
A=1650*1.32
A=$2178
James
P=$1600
r=8%= 0.08
t=4years
The compound interest expression is
A=P(1+r)^t
A=1600(1+0.08)^4
A=1600(1.08)^4
A=1600*1.360
A=$2176
<em>After 4 years Mayas' balance is $2178</em>
<em>After 4 years James' balance is $2176</em>
<em>the difference is =2178-2176=$2</em>
Answer:
D
Step-by-step explanation:
Answer: 0.9762
Step-by-step explanation:
Let A be the event that days are cloudy and B be the event that days are rainy for January month .
Given : The probability that the days are cloudy =
The probability that the days are cloudy and rainy =
Now, the conditional probability that a randomly selected day in January will be rainy if it is cloudy is given by :-
Hence, the probability that a randomly selected day in January will be rainy if it is cloudy = 0.9762
Answer:
120
Step-by-step explanation: