Answer: $4,365.10
Step-by-step explanation:
Ok, we know that:
The account starts with $2350
There is a simple interest of 3.75% (or 0.035).
Then after one year, the amount in the account will increase by 3.75%, this means that the amount will be:
$2350 + 0.035*$2350 = (1.035)*$2350.
After another year, we have the same increase (but applied to the new amount in the account):
(1.035)*$2350 + 0.035*(1.035)*$2350. = (1.035)^2*$2350
And so on.
You already can see the pattern here, the amount of money in the saving account after N years will be:
M(N) = $2350*(1.035)^N.
Now we can answer:
what is the balance of the account if it earns a simple interest of 3.75% for 18 years?
Just replace N by 18 in that equation:
M(18) = $2350*(1.035)^18 = $4,365.10
Answer:
Yes
Step-by-step explanation:
Given that a teacher prepares 26 tiles with 5 vowels numbered 1 and 21 consonants numbered 2.
The probability for drawing vowel =
Prob for consonant =
If number of trials is atleast 30 we can expect reliable results.
Here the results are recorded for 120 times at random.
Since number of trials is large, we can expect a reliable and accurate results representing the actual probability.
This is because more the number of trials, the less would be the margin of error i.edeviationfrom the expected probability would be minimum
To solve this problem you must use the information given in the problem above:
1. You have that he jogs
to the park and then
to the playground, then he jogs
miles to the bridge and
to his house.
2. Therefore, as you can see, Jerry completes his jog when he arrives to his house. So, he is
from his house.
Then, the answer is: 
Answer:
1 2/3 inches.
Step-by-step explanation:
Volume = area of the base * height so:
20 = 3*4 * h
h = 20/12
h = 1 2/3 inches.
Answer:
The unit rate is $8.89 /ft².
Step-by-step explanation:
Given:
$160 for 18ft².
So, by dividing with 18
we get
.
Now, round to nearest hundredth for $8.888 is $8.89.
Therefore, the unit rate is $8.89 /ft².