<u>Answer:</u>
The present value of 10,000 if interest is paid at a rate of 6.2% compounded weekly for 8 years is 6097.56
<u>Explanation:</u>
We know that compound interest is given by
Where ,
Where A = final amount (which is given to be = 10000)
P = Principal amount (which is the present amount which we have to find)
r = interest rate = 6.2 = 0.062
n = no. of times interest applied per time period = it is given that the interest is applied weekly, so in one year there are 52 weeks so n = 52
t = time period = 8 years
Substituting the given values, we get
P = 6097.5
We get, P = 6097.56 which is the present value of a sum of money
The number of favorable outcomes is the the number of the outcome she wants. She wants a silver car. In her table, 36 cars are silver.
a. 36
The total number of trials is the sum of the all numbers of cars.
12 + 9 + 32 + 42 + 36 + 1
b. 132
The experimental probability of an event is the number of desired outcomes divided by the total number of outcomes.
c. p(silver car) = 36/132 = 3/11
d.
An event takes place, and there are only two possible outcomes.
If the probability of one event happening is x, then the probability of the other event happening is 1 - x.
Think of this situation as only two possible outcomes.
Either a silver car passes or a non-silver car passes.
The probability of a silver car passing is 3/11.
Then the probability of a non-silver car passing is 1 - 3/11.
1 - 3/11 = 11/11 - 3/11 = 8/11
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N is greater than or equal to 5
So that is the first one.
Hope that help you.
Step-by-step explanation:
2πr
2x 3.14 x 8.1 = 50.22in
