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galaalexa
01.08.2019 •
Mathematics
Suppose you deposit $1,348 at an interest rate of 2.5% per year for 18 months. find the simple interest. then find the total of principal plus interest.
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Ответ:
The formula to find the simple interest I is
I = PRT
Here
P = Principal
R = rate of interest
T = time in years
The principal given is $1,348
The rate of interest is 2.5% = 0.025
Time = 18 months = 1=(18/12) years = 1.5
Substituting in the formula we get
I = 1348 × 0.025 × 1.5
I= $50.55
Also the amount = Principal + interest
Amount = 1348 + 50.55 = $1,398.55
The interest is $50.55
And the amount is $1,398.55
Ответ:
The experimental probability is
while the theoretical probability, assuming random selection, is
so the theoretical probability is greater than the experimental probability.