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Pie
3 years ago
14

Randy is a minor-league baseball player. His current cumulative batting average is 0.270. Randy believes that if he can raise hi

s cumulative batting average to 0.300, he will have a chance to play in the major leagues. Which of the following statements is correct?
Business
1 answer:
Jlenok [28]3 years ago
3 0

The correct answer to this open question is the following.

Randy is a minor-league baseball player. His current cumulative batting average is 0.270. Randy believes that if he can raise his cumulative batting average to 0.300, he will have a chance to play in the major leagues. The correct statement is "Randy must get more than 30 hits out of his next 100 at bats in order to raise his cumulative batting average to 0.300.

What Randy must do is to improve his batting efficiency if he wants to get a good shot at Major Leagues. If he wants to get a 0.300 average, then we have to get the right percentage operation to know the exact number he needs to have. So for every 100 turns at batting, he needs a minimum of 30 hits to get the correct percentage.

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Match the legislation with the correct description.
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<h3>What is isolationism?</h3>

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5 0
1 year ago
a debt of $10,000 due ten years from now is instead to be paid off by three payments: $1000 now, $2000 in three years, and a fin
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Answer:

Compound interest (or compounding interest) is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods. Thought to have originated in 17th-century Italy, compound interest can be thought of as "interest on interest," and will make a sum grow at a faster rate than simple interest, which is calculated only on the principal amount.

Compound interest = total amount of principal and interest in future (or future value) less principal amount at present (or present value)

= [P (1 + i)n] – P

= P [(1 + i)n – 1]

Where:

P = principal

i = nominal annual interest rate in percentage terms

n = number of compounding periods

Take a three-year loan of $10,000 at an interest rate of 5% that compounds annually. What would be the amount of interest? In this case, it would be:

$10,000 [(1 + 0.05)3 – 1] = $10,000 [1.157625 – 1] = $1,576.25

Explanation:

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