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Katyanochek1 [597]
3 years ago
12

A bank manager wants to encourage new customers to open accounts with principals of at least ​$3,500. He decides to make a poste

r advertising a simple interest rate of 3​%. What must the principal be if the bank manager also wants to advertise that one can earn ​$10 the first​ month? Can the poster correctly​ say, "Open an account of ​$3,500 and earn at least ​$10 interest in 1​ month!"?
Mathematics
2 answers:
bonufazy [111]3 years ago
8 0

Answer:

simple interest = $10, rate = 4.8%, time = 1 month

amount = $3500, rate = 4.8% and time = 1

Step-by-step explanation:

Vesna [10]3 years ago
3 0

Answer:

2500??

Step-by-step explanation:

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What is probability?

Probability is the branch of mathematics concerning numerical descriptions of how probably an event is to do, or how likely it's that a proposition is true. The probability of an event is a number between 0 and 1, where, roughly speaking, 0 indicates impossibility of the event and 1 indicates certainty.( note 1)( 1)( 2) The advanced the probability of an event, the more likely it's that the event will do. A simple illustration is the tossing of a fair( unprejudiced) coin. Since the coin is fair, the two issues(" heads" and" tails") are both inversely probable; the probability of" heads" equals the probability of" tails"; and since no other issues are possible, the probability of either" heads" or" tails" is1/2( which could also be written as0.5 or 50).

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