Answer:
Step-by-step explanation:
Drop in sales
Percentage drop
Answer: You got to multiply 22,000 times 5 and that will equal 110,000
Step-by-step explanation:
To have a final balance of $22,000 in a CD account after 5 years with continuous compounding at an interest rate of 6.625%, Steven needs to initially deposit approximately $15,895.68.
To calculate how much principal Steven should start with in his CD account, we need to use the formula for continuous compounding, which is A = Pe^(rt), where:
In Steven's case, he wants A = $22,000 after t = 5 years, at an interest rate r of 6.625% or 0.06625 in decimal format. Substituting these values into our formula and solving for P, we get:
P = A / e^(rt)
P = 22000 / e^(0.06625 * 5)
After calculating this expression, we find that Steven needs to deposit approximately $15,895.68 into his CD account to have $22,000 after 5 years with continuousinterest compounding at 6.625%.
#SPJ2
Answer: 0.04848
Step-by-step explanation:
Given : There are 4 sophomores, 4 juniors and 3 seniors.
Total choices = 4+4+3 = 11
Number of people needed to be chosen for committee = 4
Number of ways to select 3 people out of 11 (without replacement)=
Number of ways to select at least one representative from all three groups of students =
Required probability =
Hence, the probability the committee thus formed will have at least one representative from all three groups of students = 0.04848
Answer:
6y +52
Step-by-step explanation:
6(2y + 8) - 2(3y - 2)
Distribute
12y + 48 - 6y +4
Combine like terms
6y +52
Answer:
$37.8125
Step-by-step explanation:
$2.75 x 12.5 = 34.375
34.375 x 10% = 3.4375
$34.375 + 3.4375 = 37.8125
Answer:
Step-by-step explanation:
When you do 19% of 103
you get 19.57
Hope this helps! <3
Answer: 19% of 103 is 19.57