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krek1111 [17]
3 years ago
9

How much must you deposit in an account to earn $400 per year at 2% simple interest?

Mathematics
1 answer:
Strike441 [17]3 years ago
7 0

Step-by-step explanation:

Simple interest is a method to calculate the amount of interest charged on a sum at a given rate and for a given period of time.

...

Simple Interest Example:

Simple Interest

1 Year S.I = (1000 ×5 × 1)/100 = 50

2 Year S.I = (1000 × 5 × 2)/100 = 100

3 Year S.I = (1000 ×5 × 3)/100 = 150

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While flipping a weighted coin, Latrell gets 4 heads and 2 tails. Based on experimental probability, how many of the next 3 flip
zaharov [31]

Answer:  2 heads

Step-by-step explanation:

First, write the experimental probability as a fraction in simplest form.

P(heads)

=

heads

total

=

heads

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=

4

4+2

=

4

6

=

2

3

The experimental probability is

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We can predict the outcome of the second set of trials by assuming that the ratio will be the same as in the first set of trials. Write a proportion by setting the two ratios equal to each other, then solve.

2

3

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n

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=

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(33) Multiply both sides by (33)

23

= 3n Simplify

6

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2

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Based on experimental probability, Latrell should expect 2 of the next 3 flips to come up heads.

Questions

answered

16

Time

elapsed

00 22 05

HR MIN SEC

SmartScore out of 100

44

Need a break?

7 0
3 years ago
Given the following function, state the domain.
Leno4ka [110]

Answer:

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