) a) i) Calculate the simple interest earned if a deposit of $ 200,000 is left for 12 years at an interest rate of 1.5% . ii) Calculate the time needed for an investment of $700,000 to gained an interest of $84,000 if the interest rate was 1.5%
) a) i) Calculate the simple interest earned if a deposit of $ 200,000 is left for 12 years at an interest rate of 1.5% . ii) Calculate the time needed for an investment of $700,000 to gained an interest of $84,000 if the interest rate was 1.5%
Chapter9: Sequences, Probability And Counting Theory
Section: Chapter Questions
Problem 18PT: To allocate annual bonuses, a manager must choose his top four employees and rank them first to...
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3) a) i) Calculate the simple interest earned if a deposit of $ 200,000 is
left for 12 years at an interest rate of 1.5% .
ii) Calculate the time needed for an investment of $700,000 to gained
an interest of $84,000 if the interest rate was 1.5%
4 a) i) In a Class election the top 3 are given position of Class Prefect, Class Representative and Social Media Administrator. If there were 8 candidates how many possible option could be given for the various positions?
ii) From the 8 top students on the Merit List for the month, the top 3 are given awards. How many possible options are available if they receive the same award?
b) In how many ways can the letters of the word IMPLEMENT be rearranged?
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