9514 1404 393
Answer:
$13,916.24
Step-by-step explanation:
First, we need to find the value of the CD at maturity.
A = P(1 +rt) . . . . simple interest rate r for t years
A = $2500(1 +0.085·3) = $2500×1.255 = $3137.50
__
Now, we can find the value of the account with compound interest.
A = P(1 +r)^t . . . . . rate r compounded annually for t years
A = $3137.50 × 1.18^9 = $13,916.24
The mutual fund was worth $13,916.24 after 9 years.
Answer:
<h2>There is 8% probability of Kitzen winning first and Ava second.</h2>
Step-by-step explanation:
The given table shows that there are 4 students, so there are 4 possible winner in total, but they have different number of tickets.
The total number of tickets is 48, that's the total possible outcomes. Kitzen has a probability of

Ava has a probability of

Now, the probability of having one event and the other is

Therefore, there is 8% probability of Kitzen winning first and Ava second.
(Notice that the probaility is not about Kitzen or Ava winning, it's about winning both, that's why the percentage is low)
Answer:
5 children
Step-by-step explanation:
7 adults = $70
5 children = $25
total= 12 people
○○○○○○○○○○○○○○○
therefore 5 children went
○○○○○○○○○○○○○○○
40\8
5\1
=5
or
0.2
I hope this help
Answer:
34
Step-by-step explanation: