Answer:
Tom is incorrect
Step-by-step explanation:
The odds of getting any number on a 6-sided die are
Every time he rolls, there is a chance he gets any number. Therefore, it is totally plausible to get the same number again. As the number of rolls tends toward infinity, the ratio of each number occurring to number of rolls equals
.
Answer:
$5225
Step-by-step explanation:
Use the formula for the amount after simple interest:
"A" is the final amount, or balance.
"P" is the principal, or the starting amount.
"r" is the rate of interest in decimal form.
"t" is the time.
What we know:
P = 5000
t = 3
r = 1.5%
Convert the rate to decimal form by dividing by 100, or moving the decimal place two places to the left.
1.5% => 0.015 = r
Substitute what we know into the formula:
A = P(1 + rt)
A = 5000(1 + (0.015)(3)) <=simplify
A = 5000(1 + 0.045)
A = 5000(1.045)
A = 5225 <= new balance
The new balance of an account is $5225.