Answer:
The balance in the account after 20 years will be $11280.
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
After t years, the total amount of money is:
.
In this problem
We want to find T, when 
The first step is find the earnings due to interest. So
Adding to the principal to find the balance
The balance in the account after 20 years will be $11280.
Answer:
Colin will have 421824 pennies after 2 years
Step-by-step explanation:
Given:
Amount invested in bank by Colin (P) = £3900
Rate of interest (r) = 4%
Time period (n) = 2 years
To find: Amount after 2 years (A)
Solution:
Formula for amount (A) is 
As 1 pound = 100 pennies,
4218.24 pounds = 4218.24 × 100 = 421824 pennies
So,
Colin will have 421824 pennies after 2 years.
90
55.8 /? = 62/100
55.8 x 100= 62 x ?
5580=62 x ?
5580/62 = ?
?=90
Answer:
0.2103 = 21.03% probability that, in any seven-day week, the computer will crash less than 3 times.
Step-by-step explanation:
In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following formula:
In which
x is the number of sucesses
e = 2.71828 is the Euler number
is the mean in the given interval.
Mean of 0.6 times a day
7 day week, so 
What is the probability that, in any seven-day week, the computer will crash less than 3 times? Round your answer to four decimal places.
In which
So
0.2103 = 21.03% probability that, in any seven-day week, the computer will crash less than 3 times.
Solve for k by simplifying both sides of the equation, then isolating the variable .
Answer - K=5
Hope this helps!
Have a great day! :)
