Answer:
So in your example, the odds are 7:3. In English, that means that if we had a horse race and we held 10 races with the same horses, our favored horse would finish first 7 times and lose the remaining three. But treated as a probability? If we look at it that way, we have 10 possible outcomes and the event of interest (the horse winning) happens 70% of the time. Conversely, the probability of the event not happening (the horse losing) is 30%.
Step-by-step explanation:
40% is the answer. It's okay to ask for help but if you can't even spell then you need to start studying more often.
About 2.43 kg of pepper
Divide 17 by 7
Recall that to compute for the new amount of the original sum at a compound interest is
A(t) = P(1 + r/n)^(nt)
where P is the original amount, r is the interest rate, n is the number of times P is compounded each year, and t is the number of year.
With this, the total amount owed by Sam in five full years becomes [(120)(1 + 0.30/12)^60 ]. The total interest is the difference between the original amount owed and the amount that needs to be paid over time. Thus, total interest is [(120)(1 + 0.30/12)^60 ] - 120 = 407.97.
Therefore, the total interest is $407.97<span>.</span>
