Answer:
Step-by-step explanation:
Principal, P = $4,000
Interest rate, r = 3% = 0.03
Period, t = 20 years
Number of times compounded in a year = 4
Amount , A = P( 1 + r/n)^tn
A = 4000( 1 + 0.03/4)^4*20
A = 4000( 1 + 0.0075) ^80
A =4000( 1.0075) ^80
A = 4000* 1.818
A = $7272.18
Answer:
Biography= 8/24= 1/3
Science Fiction= 6/24= 1/4
Step-by-step explanation:
The probability for biography is (biography/total amount of books.)
8/24= 1/3
The probability for science fiction is (science fiction/ total amount of books.)
6/24= 1/4
Answer: $244.55
A = $250 ; r=0.002 t= 11 [From 2007 to 2018 , t=2018-2007]
