The value of the investment in 5 years is $5805.9
<h3>What is Interest ?</h3>
Interest is the amount earned over years for the amount invested.
It is given that
Principal = $5000
Rate = 3%
Compounded Quarterly
Time = 5 years
Amount = ?
The Amount is given by the formula
Amount = P( 1 + (r/n))ⁿˣ
Here n = t = time period for which the investment has been done.
Amount = 5000( 1+(3/4 * 100)⁴ˣ⁵
Amount = 5000 (1.16)
Amount = $ 5805.9
Therefore , The value of the investment in 5 years is $5805.9
To know more about Interest
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There are 2 ways to turn a number into a percent...
(1) move the decimal 2 spaces to the right....0.3 = 30%
(2) multiply by 100....0.3 x 100 = 30%
Answer:
w/3=4
w=12
Step-by-step explanation:
3 x 4 = 12
to undo division, you multiply.
Step-by-step explanation:
the answer is C I'm 100% sure of it
Answer:
Step-by-step explanation:
Hello!
I'll express all the given percentages as probabilities:
Given the events:
Banking online (Bo)
Under the age of 50 (<50)
P(Bo)= 0.30
P(<50)= 0.40
P(Bo ∩ <50)= 0.25
1) What percentage of adults do not conduct their banking online?
The event "adults that do not conduct their baking online" is the complement of the event "adults that conduct their baking online" Symbolically 
P(
)= 1 - P(Bo)= 1 - 0.30 = 0.70
2) What type of probability is 25%?
The probability P(Bo ∩ <50)= 0.25 is a joint probability, it indicates the intersection between both events.
3) Construct a contingency table showing all joint and marginal probabilities.
Check attachment.
4) What is the probability that an individual conducts banking online given that the individual is under the age of 50?
Symbolically:
P(Bo/<50)= <u> P(Bo ∩ <50) </u> = <u> 0.25 </u> = 0.625
P(<50) 0.40
I hope it helps!