Answer:
a) $520
b) $580
c) Interest amount is same each year
Step-by-step explanation:
Given - Georgie put $500 in her savings account, earning interest at a rate of 4% each year. She did not make any more deposits or withdrawals.
To find - a) How much money was in the account after one year?
b) How much money was in the account after 4 years?
c) Was the amount of money earned in interest the same or different each year?
Proof -
Here given that,
Principal amount = $500
rate of interest = 4% = 4/100 = 0.04
Now,
a)
Amount = P [ 1 + RT ]
= 500 [ 1 + 0.04(1)]
= 500 [ 1 + 0.04] = 520
⇒Amount = $520
b)
Amount = P [ 1 + RT ]
= 500 [ 1 + 0.04(4)]
= 500 [ 1 + 0.16] = 580
⇒Amount = $580
c)
In 2nd year,
Amount = P [ 1 + RT ]
= 500 [ 1 + 0.04(2)]
= 500 [ 1 + 0.08] = 540
⇒Amount = $540
Now,
Interest in 1st year = 520 - 500 = 20
Interest in 2nd year = 540 - 520 = 20
So,
The interest amount is same each year
Answer:
r equals StartFraction C Over 2 pi EndFraction
Step-by-step explanation:
we know that
The circumference of a circle is equal to
where
r is the radius of the circle
Solve for r
That means -----> isolate the variable r
Divide by 2π both sides
Simplify right side
Rewrite
so
r equals StartFraction C Over 2 pi EndFraction
The number of possibilities for the first one is 50 choose 5, and the number of possibilities for the second one is 60 choose 6. Since 50 choose 5 is 2118760 and 60 choose 6 is 50063860. There are less possible outcomes for state "A" and therefore you have a higher chance of winning.
