For simple interest, the formula is I = PRT, where I = interest, P = principal borrowed or deposited, R = rate as a decimal, and T = time in years.
Your information:
I = (870)(0.08)(5)
I = 348
Add the interest to the principal for your total balance
348 + 870 = $1218 will be the total balance in the account.
Answer:
3 slices
Step-by-step explanation:
12-75%=3
Answer:
The unusual 
values for this model are: 
Step-by-step explanation:
A binomial random variable represents the number of successes obtained in a repetition of 
Bernoulli-type trials with probability of success 
. In this particular case, 
, and 
, therefore, the model is 
. So, you have:
The unusual values for this model are: 
Answer:
$34,000
Step-by-step explanation:
Jerry will get $1,750 for every year that his money stays in the account thus for 8 years he will get:
8*1,750 = $14,000
Together with the deposited money:
$20,000 + $14,000 = $34,000
By the end of year 8 there will be $34,000 of Jerry's account.
-3 < 0 Because -3 is less than 0.
Hope this helps ;P
