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Home » Thus, the credibility is \(\boxed97.65625\%\). - Leaselab

Thus, the credibility is \(\boxed97.65625\%\). - Leaselab

📅 February 27, 2026 👤 scraface

Feb 27, 2026

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📌 Convert Time to Hours:** \( 7.5 \) hours

📌 Distance:** \( 60 \times 7.5 = 450 \) miles

📌 A school has 480 students, with 55% participating in sports. If each participating student pays a membership fee of $25 per semester, how much total membership revenue does the school generate from sports participants?

📌 Number of Participants:** \( 480 \times 0.55 = 264 \) students

📌 Total Revenue:** \( 264 \times 25 = 6600 \) dollars

📌 An investment grows at an annual interest rate of 6%, compounded annually. If the initial investment is $5,000, what will be the value of the investment after 5 years?

📌 Future Value Formula:** \( A = P(1 + r)^n \)

📌 Calculation:** \( 5000 \times (1 + 0.06)^5 = 5000 \times 1.338225 = 6691.125 \)

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