Given:
Amount = 8700
Time = 3 years
Rate of interest = 24% per annum
To find:
The principal values.
Solution:
Formula for amount:

Where, A is amount, P is principal, r is the rate of interest and t is the number of years.
Putting
, we get




Divide both sides by 1.906624.



Therefore, the principal value is about 4563.04.
<span>The best way for Norm to store his money is through C. A money market account paying 3.5% interest, renewable for three-month commitments. Even though a four-year CD offers a higher interest at 4.8%, the fact that there is a substantial penalty for early withdrawal is a negative factor for Norm. His daughter needs the money after 2 years since she is already a junior in high school.</span>
Answer:
a) P=0.0225
b) P=0.057375
Step-by-step explanation:
From exercise we have that 15% of items produced are defective, we conclude that probabiity:
P=15/100
P=0.15
a) We calculate the probabiity that two items are defective:
P= 0.15 · 0.15
P=0.0225
b) We calculate the probabiity that two of three items are defective:
P={3}_C_{2} · 0.85 · 0.15 · 0.15
P=\frac{3!}{2!(3-2)!} · 0.019125
P=3 · 0.019125
P=0.057375
The answer is
3 divided by 2
Hope this helped
Answer:
D , i thinks this is the answer because i cant see the g(x) good
Step-by-step explanation: