Assuming your equation is: -2/5n = -30
-2/5n = -30 <- We get rid of the "/5n" by multiplying each side by 5n
-2 = -30 * 5n
-2 = -150n
-1 = -75n
75n = 1
But this doesn't match up with any of your answers, so if you wouldn't mind giving me the equation again, i'll work it out
Bank balance after 15 years is $950
Step-by-step explanation:
- Step 1: Find the simple interest on the principal amount using the formula SI = PRT/100 where Principal (P) = $500, Rate of Interest (R) = 6% and Time(T) = 15 years
⇒ SI = 500 × 6 × 15/100 = $450
- Step 2: Find total amount using the formula Amount = P + SI
⇒ Amount = 500 + 450 = $950
Answer:
Regression to the mean fallacy
Step-by-step explanation:
It assumes that something has returned to normal because of corrective actions taken while it was abnormal. This fails to account for natural fluctuations. It is frequently a special kind of the post hoc fallacy.