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balu736 [363]
2 years ago
3

A $50,000 investment earns 18% annually. If B represents the balance and t represents the number of years, determine an expressi

on that gives the account balance, B, after t years. Also, determine an equivalent expression that displays the effective monthly interest rate.
Mathematics
1 answer:
Jet001 [13]2 years ago
7 0
Using the compound interest formula;
FV=P(1+r/100)^t

FV is the future value
P is the principle 
r is the rate
t is the time

the formula that gives the account balance after t years will be:

FV=50000(1+18/100)^t
FV=50000(1.18)^t

The formula for effective monthly interest rate will be:
monthly interest rate=(annual rate)/(number of months)
annual rate=18%
number of months in a year=12 months
rate=18/12=1.5%

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Kenley wants to show 1200 using only tens blocks. How many tens blocks does Kenley need?
user100 [1]
Divide by 10 to find how many tens he needs. 

1200/10 = 120

Answer: He needs 120 tens
3 0
2 years ago
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A player of a video game is confronted with a series of four opponents and an 80% probability of defeating each opponent. Assume
mixer [17]

Answer:

(a) 0.4096

(b) 0.64

(c) 0.7942

Step-by-step explanation:

The probability that the player wins is,

P(W)=0.80

Then the probability that the player losses is,

P(L)=1-P(W)=1-0.80=0.20

The player is playing the video game with 4 different opponents.

It is provided that when the player is defeated by an opponent the game ends.

All the possible ways the player can win is: {L, WL, WWL, WWWL and WWWW)

(a)

The results from all the 4 opponents are independent, i.e. the result of a game played with one opponent is unaffected by the result of the game played with another opponent.

The probability that the player defeats all four opponents in a game is,

P (Player defeats all 4 opponents) = P(W)\times P(W)\times P(W)\times P(W)=[P(W)]^{4} =(0.80)^{4}=0.4096

Thus, the probability that the player defeats all four opponents in a game is 0.4096.

(b)

The probability that the player defeats at least two opponents in a game is,

P (Player defeats at least 2) = 1 - P (Player losses the 1st game) - P (Player losses the 2nd game) = 1-P(L)-P(WL)

                                    =1-(0.20)-(0.80\times0.20)\\=1-0.20-0.16\\=0.64

Thus, the probability that the player defeats at least two opponents in a game is 0.64.

(c)

Let <em>X</em> = number of times the player defeats all 4 opponents.

The probability that the player defeats all four opponents in a game is,

P(WWWW) = 0.4096.

Then the random variable X\sim Bin(n=3, p=0.4096)

The probability distribution of binomial is:

P(X=x)={n\choose x}p^{x} (1-p)^{n-x}

The probability that the player defeats all the 4 opponents at least once is,

P (<em>X</em> ≥ 1) = 1 - P (<em>X</em> < 1)

             = 1 - P (<em>X</em> = 0)

             =1-[{3\choose 0}(0.4096)^{0} (1-0.4096)^{3-0}]\\=1-[1\times1\times (0.5904)^{3}\\=1-0.2058\\=0.7942

Thus, the probability that the player defeats all the 4 opponents at least once is 0.7942.

3 0
2 years ago
At East Middle School, there are 58 left-handed students and 609 right-handed students. The numbers of left- and right-handed st
EastWind [94]

<u>Answer:</u>

C. Left-handed: 48, Right-handed: 504

D. Left-handed: 30, Right-handed: 315

<u>Step-by-step explanation:</u>

We are given that there are 58 left-handed students and 609 right-handed students at East Middle School and these numbers of students are proportional to the number of left and right handed students at East Middle School.

Given the above information, we are are to determine which two options could be the the numbers of left-handed and right-handed students at West Junior High.

Ratio of right handed to left handed students at East Middle School = \frac{609}{58} = 10.5

Checking for ratios of the given options:

A. \frac{483}{42} =11.5

B. \frac{378}{28} =13.5

C. \frac{504}{48} =10.5

D. \frac{560}{56} =10

E. \frac{315}{30} =10.5

Therefore, the possible numbers of left-handed and right-handed students at West Junior High could be C. Left-handed: 48, Right-handed: 504 and D. Left-handed: 30, Right-handed: 315.

7 0
2 years ago
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A store purchased a DVD for $12.00 and sold it to a customer for 50% more than the purchase price.The customer was charged a 7%
Tems11 [23]

Answer:

The customer's total cost for the DVD is $19.26

Step-by-step explanation:

Store buy the dvd for $12.00.

The store price is $12.00+50% more

The store price= $12.00 *(1+0.5)= $18.00

Final price (tax added)= $18.00 + 7%

Final price= $18.00 * (1 + 0.07)= $19.26

3 0
2 years ago
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Triangle EFG has vertices E(–3, 4), F(–5, –1), and G(1, 1). The triangle is translated so that the coordinates of the image are
WARRIOR [948]
I think it is the third option. Hope this helps
6 0
2 years ago
Read 2 more answers
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