Tamara spun the arrow on a spinner 50 times. The number of times the arrow landed on each colored section of the spinner is show
n in the table.
Section
Number of Times
Arrow Landed On
Red
23
Blue
Orange
Yellow
8
10
9
Based on the results in the table, what fraction of the area of the spinner is most likely represented by the Red section?
Section
Number of Times
Arrow Landed On
Red
23
Blue
Orange
Yellow
8
10
9
Based on the results in the table, what fraction of the area of the spinner is most likely represented by the Red section?
1 answer:
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Answer:
$311.74
Step-by-step explanation:
A financial calculator computes the payment amount to be $311.74.
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Your graphing calculator may have the capability to do this. Certainly, such calculators are available in spreadsheet programs and on the web.
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The appropriate formula is the one for the sum of terms of a geometric series.
Sn = a1·((1+r)^n -1)/(r) . . . . . where r is the monthly interest rate (0.005) and n is the number of payments (480). Filling in the given numbers, you have ...
$620827.46 = a1·(1.005^480 -1)/.005 = 1991.4907·a1
Then ...
$620827.46/1991.4907 = a1 ≈ $311.74
