The time required to get a total amount of $13,200.00 with compounded interest on a principal of $7,000.00 at an interest rate of 5.5% per year and compounded 12 times per year is 11.559 years. (about 11 years 7 months)
Answer:
t = 11.559 years
<h3>Compound Interest </h3>
Given Data
(about 11 years 7 months)
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 5.5/100
r = 0.055 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.055/12)] )
t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.0045833333333333)] )
t = 11.559 years
Learn more about compound interest here:
brainly.com/question/24924853
Step-by-step explanation:
a= 16x+3-14x+15
combine like terms, 16x-14x= 2x
so,
2x+3+15,
15+3=18
18=2x, divide 18 by 2
x=9
b) *open the parenthesis* -1/6 *24x = -4x
-1/6*60 = -10
-4x- (-10)= -4x+10
-4x+10+2x= -4x+2x= -2x
-2x=10 = 2x=-10 = x=-5
Cheers!
For this case we must find the product of two mixed numbers:

So, we have:

If we go to a mixed number we have:

Answer:

Answer:
OML
Step-by-step explanation:
How would anyone know this
SOLUTION
This is a binomial probability. For i, we will apply the Binomial probability formula
i. Exactly 2 are defective
Using the formula, we have

Note that I made the probability of being defective as the probability of success = p
and probability of none defective as probability of failure = q
Exactly 2 are defective becomes the binomial probability

Hence the answer is 0.1157
(ii) None is defective becomes

hence the answer is 0.4823
(iii) All are defective

(iv) At least one is defective
This is 1 - probability that none is defective

Hence the answer is 0.5177