Answer:
18.75 or 18 3/4
Step-by-step explanation:
Answer: $5,678.85
Step-by-step explanation:
First find out how much the fund was worth after 5 years.
Compound interest formula:
= Investment * (1 + rate) ^ years
= 4,000 * ( 1 + 11%)⁵
= £6,740.23
Half was removed:
= 6,740.23/2
= £3,370.12
Then compound this for the remaining 5 years:
= 3,370.12 * (1 + 11%)⁵
= $5,678.85
Answer:
$157.45
Step-by-step explanation:
All the amounts provided in the question are supposed to be added as a fee, so if you add all the numbers you would get $157.45.
13,986
Step-by-step explanation:
Juss used a calculator, the rest guess
Answer:
25% probability that you complete the course
75% probability that you do not complete the course
Step-by-step explanation:
If there are a total of 4 individuals entering the race and only one is able to complete the course then the probability that you will complete the course would be
1/4 = 0.25 or 25%
This is because you only represent 1 out of the 4 total participants. The opposite would be the case to calculate the probability that you will not complete the course since there are three other candidates with that could have completed it, therefore...
3/4 = 0.75 or 75%
