Ni is not correct. To solve
the equivalent quarterly interest rate, the annual interest rate should be multiplied
by the correct ratio. Since the annual interest rate is 4% per year. So in 1 quarter
is equal to 0.25 year.
<span>(4% / year) (0.25 year/ 1
quarter) = 1% per quarter</span>
5a)
2x + 94 = 7x + 49 (vertical angles are equal)
2x - 7x = -94 + 49
-5x = -45
x = 9
Answer
9
5b)
4y + 7x + 49 = 180 (supplementary angles, sum = 180)
4y + 7(9) + 49 = 180
4y + 112 = 180
4y = 68
y = 17
Answer
17
6)
x = 6x - 290 (vertical angles are equal)
-5x = -290
x = 58
Answer
58
Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. The principal at the end of 3 years is $248.
<h3>What is simple interest?</h3>
Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. It is calculated with the help of the formula,
SI = (P × R × T)/100
where SI is the simple interest, P is the principal amount, R is the rate of interest, and T is the time period.
The principal at the end of 3 years is,
Principal after 3 years = P + (P × R × T)
= $200 + ($200 × 0.08 × 3)
= $200 + $48
= $248
Hence, the principal at the end of 3 years is $248.
Learn more about Simple Interest:
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Let's first denote:
F - a favorable response
F' - an unfavorable response
S - successful
We know that:

So, from the conditional probability, we can calculate:

Answer E.