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2 years ago

8

Sally opens a bank account with $500. The account accrues 5% interest compounded annually.

1 answer:

Yuri [45]2 years ago

3 0

500 x 1.05^4

it's 4 periods because the interest rate is compounded yearly. 5 percent yearly increase is equal to P x 1.05

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Tyler is overdrawn at the bank by $180 He gets $70 for his birthday and deposits it what is his account balance now

polet [3.4K]

Answer:

-$110

Step-by-step explanation:

An overdrawn bank account would be -$180. you would have to add $70 .

given 70 is not large enough to fully bring the balance to 0. long story short, subtract 70 from 180. since 70 is < 180 the number is therefore negative since 180 is negative in this problem

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Soloha48 [4]

Answer:

Step-by-step explanation:

Given

$P_1=$ Probability of clearing exam in 1 st attempt=0.5

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(b)P(Pass qualification on 2nd try|passes qualification)

P(Pass qualification on 2nd try|passes qualification) $=\frac{P(fail\ on\ 1 )\cdot P(pass\ in\ 2nd)}{P(passes)}$

P(Pass qualification on 2nd try|passes qualification) $=\frac{0.5\times 0.7}{0.97}=0.3608$

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2 years ago

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1 year ago

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Sauron [17]

Answer:

Here is the answer with the steps

Step-by-step explanation:

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