Answer:
x
Step-by-step explanation:
Answer: $35.6125
Step-by-step explanation:
3.5% = 0.035
Let's find the deposit amount with interest at the end of the first year:
500 + 500 · 0.035 = 517.5
Let's find the amount of the deposit with interest at the end of the second year:
517.5 + 517.5 · 0.035 = 535.6125
Find the total interest earned over two years:
535.6125 - 500 = 35.6125
3)Principal Amount = P = $7200
Interest rate = r = 4% = 0.04
Time = t = 8 years
Formula for compounding is:

Using the values, we get:

Therefore, the compounded amount will be $9853.70
4)Principal Amount = P = $7200
Compounded Amount = A = $9853.70
Interest Earned = Compounded Amount - Principal Amount
So,
Interest Earned = 9853.70 - 7200 = $2653.70
Therefore, $2653.70 will be earned as interest over a period of 8 years.
Answer:
Option (C) n = 256
Therefore, there are 256 ways to select a car with 2 car models, 8 different colors and any combinations of 4 optional features.
Step-by-step explanation:
A new car is available in a sedan model and a hatchback model.
So that means customers can select the model of the car in,
n₁ = 2 ways
It is available in eight different colors.
After selecting the model, customers can select the color of the car in,
n₂ = 8 ways
Customers can choose to add any combination of four optional features.
After selecting the color, customers have the choice to add any combination of 4 optional features,
n₃ = 4² = 16 ways
Which means that there are 16 different ways to add 4 optional features e.g.
1. 0, 0, 0, 0
2. 0, 0, 0, 1
3. 0, 0, 1, 0
4. 0, 0, 1, 1
and the list goes on to 16 different ways.
Now the total ways to select a car is given by
n = n₁*n₂*n₃
n = 2*8*16
n = 256
Therefore, there are 256 ways to select a car with 2 car models, 8 different colors and any combinations of 4 optional features.