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patriot [66]
3 years ago
5

If 2000 dollars is invested in a bank account at an interest rate of 6 percent per year, find the amount in the bank after 7 yea

rs if the interest is compounded monthly
Mathematics
1 answer:
AfilCa [17]3 years ago
6 0

Answer:

$3007.26

Step-by-step explanation:

Step one:

given data

Principal= $2000

rate= 6%= 0.06

time= 7years

Required:

The final amount A

Step two:

the expression for the compound interest is

A= P(1+r)^t

substituting we have

A= 2000(1+0.06)^7\\\\A= 2000(1.06)^7\\\\A=2000*1.50363\\\\A=3007.26

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Find the probability of a least one birthday match among a group of 44 people.
Cerrena [4.2K]

Answer:

0.1137= 11.37%

Step-by-step explanation:

Assuming there are 365 days in one year and every people have 1 birthday, then the chance for two people to have the same birthday is 1/365 and the chance they are not is 364/365. We are asked the chance for at least one match among 44 people. The opposite of the condition is that we have 0 matches and easier to calculate. The calculation will be:

P(X>=1)= ~P(X=0) = 1

P(X>=1)=- P(X=0)

P(X>=1)=1 - (364/365)^44

P(X>=1)=1- 0.8862

P(X>=1)=11.37%

3 0
3 years ago
How many half-cubes are needed to fill in the gap of the box shown? O 4 half-cubes O 8 half-cubes O 12 half-cubes O 16 half-cube
o-na [289]

Answer:

8 half cubes

Step-by-step explanation:

8 half cubes

6 0
3 years ago
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a team of runners need to run a 1/4 mile relay, if each runner must run 1/16 mile,,how many runners will be needed.
kirza4 [7]
4 runners are needed to do the race
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3 years ago
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Jerome will also order t-shirt for the volunteers he will order both adults and child size t shirt
RideAnS [48]

a >= 200

5 a + 2.5 c <=1500

Step-by-step explanation:

Step 1 :

Let c be the number of child t shirt and a be the number of adult t-shirts

Given the cost of adult t-shirt is $5 and the cost of child t-shirt is $2.50

Step 2 :

Inequality 1

Given that Jerome needs at least 200 adult t-shirts .

So the minimum quantity of adult t-shirts should be 200

Hence we have a >= 200

Step 3 :

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Given that the total cost should be less that $1500

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3 years ago
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Greg installed a circular drain that has a diameter of 4.8 inches. To the nearest tenth of an inch what is circumference of the
My name is Ann [436]

The circumference of the drain to the nearest tenth is 15.10 inches.

<h3>What is the circumference?</h3>

The circumference of the drain is the distance round the drain. Since the drain has the shape of a circle, the formula used to determine the circumference of a circle would be used to determine the circumference of the drain.

Circumference of the drain = πd

3.14 x 4.8 =15.10 inches

To learn more about how to determine the circumference of a circle, please check: brainly.com/question/14351152

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2 years ago
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