What is the amount of money, P, that will generate $40 in interest at a 10% interest rate over 5 years? O $60 O $80 O $90 O $100

Q: To borrow​ money, you pawn your guitar. Based on the value of the​ guitar, the pawnbroker loans you…

A: Given:To borrow​ money, you pawn your guitar. Based on the value of the​ guitar, the pawnbroker…

Q: A boat is worth $10,000 when it is 5 years old and $4,000 when it is 8 years old. What was the…

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Q: You deposit $1200 in an account with an annual interest rate of 3%. How much simple interest is…

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Q: Sharlene opened a new account and deposited $6,000. - The bank pays 5.5% interest compounded…

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Q: Use the formula for simple interest, I = Prt, to find the indicated quantity. 1 = $20; r = 4%; t = 3…

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Q: Suppose you want to have $600,000 for retirement in 25 years. Your account earns 10% interest. a)…

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Q: 1. Gwen has saved $3,500 and wants to deposit it into a savings account that egrns 4% annual…

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Q: The reduction in the value of an asset over time due to wear and tear is referred as? O a.…

A: The reduction in  value of an asset over time due to wear and tear is referred as  depreciation.

Q: Person A deposits $2600 in an account that pays 7% interest compounded once a year. Person B…

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Q: A new bank customer with $4,000 wants to open a money market account. The bank is offering a simple…

A: Given    P=$4000   r =1.6%=0.016  t = 10

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Q: Question Dylan invested $2,790 for 271 days at a simple interest rate of 2.75% p.a. How much more or…

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Q: How much will you pay for the interest if you will borrow an amount P24.000 at 4% simple interest…

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Q: O A total of $2,000 is invested at a simple interest rate of 7% for 5 months. How much interest is…

A: Initial amount=P=2000 Interest rate=r=7%=0.07 Time=t=5 months=512 years I=interest earned=?   We…

Q: Suppose you want to have $500,000 for retirement in 35 years. Your account earns 7% interest. a) How…

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A: Given,  The interest is calculated for 1 month of the sum owned of $ 592 at 21% annual rate.

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Q: ( 3 ) In the 2015-2016 regular season, Stephen Curry of the Golden State Warriors attempted 950…

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Q: Suppose you want to have $500,000 for retirement in 35 years. Your account earns 9% interest.a) How…

A: (a)Given:

Q: Suppose you want to have $700,000 for retirement in 35 years. Your account earns 10% interest. a)…

A: The given information is that the future value is $700,000 and the number of years is 35. The…

Q: Suppose you want to have $800,000 for retirement in 30 years. Your account earns 5% interest. a) How…

A: Given: r = 0.05                    5% annual rate k = 12                      since depositing…

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A: Since you have posted multiple questions, as per our policy we will answer first question. Please…

Q: You deposit $500 in an account earning 7% interest compounded annually. How much will you have in…

A: We apply formula A = p(1 + r)t p = deposit r= intrest

Q: The second year his account balance was $4,520.  The third year his account balance was $ 4, 882.

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Q: Suppose you want to have $800,000 for retirement in 25 years. Your account earns 8% interest. a) How…

A: Given: Future value:  F = $ 800,000 Time Period: 25 year Interest Rate: 8%

Q: Example 1: A puppy weighed 6 ounces at birth. After two weeks, the puppy weighed 14 ounces. How much…

A: Given: Weight of puppy at the time of birth = 6 ounces Weight of puppy after two weeks = 14 ounces

Q: What was the annual (yearly) interest rate?

A: Given principal amount p = $1000 Time = 18 months = 1.5 years Let r be interest rate

Q: how do i solve this application ? step by step please

A: The total invested amount is 12,000.

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Q: Shana inherited land from her late grandmother. The land originally cost $25,000 when her…

A: topic - exponential function

Q: You deposit $100 in a savings account that earns 5% simple interest per year. What is the interest…

A: Given Principal amount = P = $100 Time = t = 8 years Interest rate = 5% per year

Q: Person A deposits $2600 in an account that pays 7% interest compounded once a year. Person B…

A: The formula for finding the total amount is given by A=P1+rnnt where A is the total amount, P is the…

Q: 1) Patsy Bryan deposits $1,500 in a savings account at Carson Savings Bank. The account pays an…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Person A deposits $2600 in an account that pays 4% interest compounded once a year. Person B…

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Q: To borrow money, you pawn your guitar. Based on the value of the guitar, the pawnbroker loans you…

A: First of all, consider the given values and the formula for the S.I.The principle amount =…

Q: a's father is planning to open a savings account to pay for Amelia's college education. He has found…

A: Given query is to find the value of deposited amount.

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.