Answer:
ight whats wrong?
Step-by-step explanation:
Answer:
Bank One is offering a simple interest rate of 6.25% per annum.
Step-by-step explanation:
Given that Bank One offers a certificate of deposit that pays $ 5,000 in four years for exchange for $ 4,000 today, to determine what interest rate is Bank One offering the following calculation must be performed:
(5000 - 4000) / 4 = X
1000/4 = X
250 = X
4000 = 100
250 = X
250 x 100/4000 = X
25000/4000 = X
6.25 = X
Therefore, Bank One is offering a simple interest rate of 6.25% per annum.
To find the percentage,here's what we can do:

The percentage would then be:
=63/420×100%
=3/20×100%
=0.15×100%
=15%
Therefore the answer is 15%.
Hope it helps!
Answer:

Step-by-step explanation:
Because
is being multiplied by S, we can divide
from both sides of the equation. This will give us:
÷
But, that looks a bit hectic. Instead of dividing, you can multiply by the reciprocal (which is essentially how to divide fractions). So, instead of
÷
, you get:
×
When multiplying fractions, remember you can just multiply straight across-- numerator x numerator, then denominator x denominator.
By doing that, you get the fraction 
cannot be simplified any more, so S=
is your answer :)
I hope this helps
Answer:
Step-by-step explanation:
Use the formula to find the z-score, then go to the table that will give you the probability that the value is less than this z-score.

The probability that the value lies to the left of 1 on a standard bell curve is 84.1345%, or 84%, the third choice down.