Anish Buchanan
2021-02-08
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aprovard

Answered 2021-02-09
Author has **94** answers

Calculation:
Let us convert these into decimals and percent.
For converting into a percent we multiply by 100 and then put per cent sign %
$\frac{4}{5}=\frac{4}{5}\left(100\right)\mathrm{\%}$

$=4\left(20\right)\mathrm{\%}$

$=80\mathrm{\%}$
For decimal just divide percent by 100, i.e. shift the decimal point two digits to the left.
$80\mathrm{\%}=\frac{80}{100}$

$=0.80$

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Bethany needs to borrow $\$10,000.$ She can borrow the money at $5.5\mathrm{\%}$ simple interest for 4 yr or she can borrow at $5\mathrm{\%}$ with interest compounded continuously for 4 yr.

a) How much total interest would Bethany pay at$5.5\mathrm{\%}$ simple interest?

b) How much total interest would Bethany pay at$5$ interest compounded continuously?

c) Which option results in less total interest?

a) How much total interest would Bethany pay at

b) How much total interest would Bethany pay at

c) Which option results in less total interest?

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On average, 3 traffic accidents per month occur at a certain intersection. What is the probability
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(c) at least 2 accidents will occur?

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(b) fewer than 3 accidents will occur?

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Simplify.

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Evaluate $\left(\frac{2}{3}\right)+[\left(\frac{4}{5}\right)\cdot \left(\frac{1}{6}\right)]$