* The answer is in the explanation below*
Simple interest is calculated only on the initial amount (principal) that you invested.
Example: Suppose you give $100 to a bank which pays you 5% simple interest at the end of every year. After one year you will have $105, and after two years you will have $110. This means that you will not earn an interest on your interest. Your interest payments will be $5 per year no matter how many years the initial sum of money stays in a bank account.
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How much will an investment of $500 be worth in the future?
Initial investment: $500
Yearly deposits: $0
Interest rate: 6.00%
Years Invested: 20
At the end of 20 years, your savings will have grown to $1,604.
You will have earned in $1,104 in interest.
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The first thing you have to do is order them least to greatest. Once that is done you need to find your first, second and third quartile. to find them is simple. You have to find the median of the data set. Then from the number on either side of the median you have to find the median of this data sets. The median of the entire set is your second quartile then the medium to the left is your first and the median to your right is the third quartile. For the number line you need to make numbers that are appropriate for the number range. Then place your least number, the first, second, and third quartile, then place your greatest number. then draw a line up from the median and the first and third quartile and create a box.
I came up with 1.3 hours.. Not sure if that's right but it would make sense. How did you figure it?
Answer:
54 passes
Step-by-step explanation:
90 x 0.6 = 54
