To play a game, a number cube with sides numbered 1 through 6 is rolled and a fair coin is flipped.

Mathematics

1 answer:

GalinKa [24]2 years ago

4 0

Answer:

Using it's concept, it is found that there is a 8.3% probability of flipping a head AND rolling a 3.

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Justin deposited $2,000 into an account 5 years ago. Simple interest was paid on the account. He has just withdrawn $2,876. What

sdas [7]

Answer: $8.76\%$

Step-by-step explanation:

The formula to find the final amount after getting simple interest :

$A=P(1+rt)$ , where P is the principal amount , r is rate of interest ( in decimal )and t is time(years).

Given : Justin deposited $2,000 into an account 5 years ago.

i.e. P = $2,000 and t= 5 years

He has just withdrawn $2,876.

i.e. we assume that A = $2876

Now, Put all the values in the formula , we get

$(2876)=(2000)(1+r(5))\\\\\Rightarrow\ 1+5r=\dfrac{2876}{2000}\\\\\Rightarrow\ 1+5r=1.438\\\\\Righhtarrow\ 5r=0.438\\\\\Rightarrow\ r=\dfrac{0.438}{5}=0.0876$

In percent, $r=0.0876\times100=8.76\%$

hence, He earned $8.76\%$ of interest on account.

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