Just plug in the square root of 100 in your calculator (10) and then either leave it as 10/49 or simplify it to a decimal...depending on what your teacher is expecting from you.
After three years, your investment would be $575. The formula is A=P(1+(r/n)^(n*t) where A is the final amount, P is the initial balance, r is the interest rate, n is the amount of time the interest is compounded in a year, and t is the amount of time that has passed.
P=500
r= 5% is which converted into a decimal by dividing 5 by 100 which is then 0.05
n= 1 since it is compounded annually
t= 3
Hope this helped.
Answer:
Multiple answers
Step-by-step explanation:
The original urns have:
- Urn 1 = 2 red + 4 white = 6 chips
- Urn 2 = 3 red + 1 white = 4 chips
We take one chip from the first urn, so we have:
The probability of take a red one is :
(2 red from 6 chips(2/6=1/2))
For a white one is:
(4 white from 6 chips(4/6=(2/3))
Then we put this chip into the second urn:
We have two possible cases:
- First if the chip we got from the first urn was white. The urn 2 now has 3 red + 2 whites = 5 chips
- Second if the chip we got from the first urn was red. The urn two now has 4 red + 1 white = 5 chips
If we select a chip from the urn two:
- In the first case the probability of taking a white one is of:
= 40% ( 2 whites of 5 chips) - In the second case the probability of taking a white one is of:
= 20% ( 1 whites of 5 chips)
This problem is a dependent event because the final result depends of the first chip we got from the urn 1.
For the fist case we multiply :
x
=
= 26.66% (
the probability of taking a white chip from the urn 1,
the probability of taking a white chip from urn two)
For the second case we multiply:
x
=
= .06% (
the probability of taking a red chip from the urn 1,
the probability of taking a white chip from the urn two)