Gareth has $2,000 to invest. Putting the money in a savings account at his local bank will earn him 2.2% annual interest.
Interest earned in local bank = 2000 * 22.2% = 2000 * 0.022 = 44
Putting the money in an online savings account will earn him 4.85% annual interest
Interest earned in online account = 2000 * 4.85% = 2000 * 0.0485 = 97
He will be charged $3 every time he makes an ATM withdrawal.
In online account, the interest is 97 . If he withdraws 18 times then
Total ATM fee is 18 * 3= 54 . so 97 - 54 = 43
43 is lower than 44 that is interest of local account.
Therefore, 18 ATM withdrawals make local savings account to be a better deal than the online savings account every year.
Answer:
The next time both will leave the bus station at the same time is 7:15 a.m.
Step-by-step explanation:
Since 15 and 75 are multiples to each other.
So, L.C.M. of 15 and 75 is 75.
So, after 75 minutes both buses will leave the station at the same time.
Also since buses begin their routes at 6 a.m.
So, next time they will meet at
6 hours 0 minutes + 75 minutes = 7 hours 15 minutes = 7:15 a.m.
Answer:
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Explanation:
The figure attached shows the <em>Venn diagram </em>for the given sets.
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<em><u>a) What is the probability that the number chosen is a multiple of 3 given that it is a factor of 24?</u></em>
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From the whole numbers 1 to 15, the multiples of 3 that are factors of 24 are in the intersection of the two sets: 3, 6, and 12.
There are a total of 7 multiples of 24, from 1 to 15.
Then, there are 3 multiples of 3 out of 7 factors of 24, and the probability that the number chosen is a multiple of 3 given that is a factor of 24 is:
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<em><u>b) What is the probability that the number chosen is a factor of 24 given that it is a multiple of 3?</u></em>
The factors of 24 that are multiples of 3 are, again, 3, 6, and 12. Thus, 3 numbers.
The multiples of 3 are 3, 6, 9, 12, and 15: 5 numbers.
Then, the probability that the number chosen is a factor of 24 given that is a multiple of 3 is: