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Dafna1 [17]
2 years ago
14

Over the last 4 years, Michael has earned $240 interest on an initial investment of $2,000. What simple annual interest rate is

the bank paying on this account?
Mathematics
2 answers:
Sophie [7]2 years ago
4 0

Answer:

your answer should be 3%

Step-by-step explanation:

hope this helped good luck

Lisa [10]2 years ago
3 0
Probably like 3% ......
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You have 4 cards, 2 black and 2 red. You play a game where during each round you draw a card. If it's black, you lose a point. I
sineoko [7]

Answer: The expected value of this game is 2/3

Step-by-step explanation:

Give that

If it's black, you lose a point. If it's red, you gain a point. 

And then you can stop at any time. But you should never stop when you are losing because that can guarantee 0 by drawing all the cards.

Assuming you should stop after three cards when you are +2.

The only question is whether to draw if you are +1 on the first draw.

If you draw red first, You have 1/3 chance of drawing red again and this will give you +2 points

1/3 chance of drawing two blacks and earn zero point, chance of drawing black-red and earn +1. This gives +1, so it doesn't matter whether you draw or not.

From the beginning, If you draw red (probability 1/2 you end +1. If you draw black and then draw two reds (probability 1/6 you end +1) Otherwise you break even with probability 1/3. Overall, the value is 2/3

8 0
3 years ago
The conference room can hold fewer than 100 people<br><br> What is the equation for this question
kodGreya [7K]

C = conference room capacity

we can write something along the lines of C < 100, namely C can hold is less than 100.

5 0
2 years ago
What is the answer to 132.55=5 (0.04m+21.70+0.10(21.70))
postnew [5]
132.55=5(.04m+2+.7+0.1(21.7))>>>m=66
8 0
3 years ago
Please help! and please hurry Im on a time limit!!
ra1l [238]
The answer is only I and II
5 0
3 years ago
What is the value of p so that the expession 6x+3-(8x-5) is equivalent to (px+8)?​
kiruha [24]

Answer:

-2

Step-by-step explanation:

The first equation simplifies to -2x+8 so p should be replaced with -2

4 0
3 years ago
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