Answer:
7 years
Step-by-step explanation:
Given:
Principal P = 9300
Interest rate r = 13% = 0.13
Final amount F = 17,763
Since the problem does not state that it is a compounded interest, we will assume this is a simple interest case.
The formula for simple interest is;
Interest I = Prt .....1
t = period
Final amount F = P + I
I = F-P
Substituting into equation 1;
(F-P) = Prt
t = (F-P)/Pr
Substituting the given values;
t = (17,763 - 9300)/(9300×0.13)
t = 7 years
Period = 7 years
an aritmetic sequence increases by the same amount each time (if it decreases, then it increases by a negative number)
the common difference is the number that must be added to a term to get the next term
let's see if it increases by the same amount
-5 to -11 is increase of -6
-11 to -17 is increase of -6
-17 to -23 is increase of -6
-23 to -29 is increase of -6
so it appears to be aritmetic
common difference is -6
-29-6=-35
-35-6=-41
-41-6=-47
the next 3 terms are -35, -41, -47
To get the percentage of how much Nick owns, we have to divide the part (500) by the whole (100,000) then multiply the product by 100.
500 / 100,000 = 0.005
0.005 × 100 = .5%
Nick is entitled to $2,500,000 × .5% = $12,500
With replacement, each draw has a probability of
9 pink out of 18 total number of chips.
Therefore, by the multiplication rule, the probability of having both draws picking a pink is
P(pink,pink) = (9/18)*(9/18) = 81/324 [ = 1/4 ]
or
P(pink,pink) =
Answer to question 2 is 4 and 8 because 4+8=12 and 4 squared is 16 and 8 squared is 64, 16+64=80, hope this helps.