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OlgaM077 [116]
2 years ago
9

How much should you put in an investment paying simple interest rate of 8% if you need 4000 in six months?

Mathematics
1 answer:
Nadusha1986 [10]2 years ago
3 0

The amount you should put is 3846

<h3>How to determine the principal amount?</h3>

The given parameters are:

Amount, A = 4000

Rate, r = 8%

Time = 0.5 year i.e. 6 months

The amount on simple interest is calculated as:

A = P(1 + RT)

This gives

4000 = P * (1 + 8% * 0.5)

Evaluate the product

4000 = P * (1 + 0.04)

Evaluate the sum

4000 = P * (1.04)

Divide both sides by 1.04

P= 3846

Hence, the amount you should put is 3846

Read more about simple interest at:

brainly.com/question/20690803

#SPJ1

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We have two fair three-sided dice, indexed by i = 1, 2. Each die has sides labeled 1, 2, and 3. We roll the two dice independent
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Answer:

(a) P(X = 0) = 1/3

(b) P(X = 1) = 2/9

(c) P(X = −2) = 1/9

(d) P(X = 3) = 0

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(c) P(Y = 2) = 1/3

Step-by-step explanation:

Given:

- Two 3-sided fair die.

- Random Variable X_1 : Result on 1st die.

- Random Variable X_2: Result on 2nd die.

- Random Variable X = X_2 - X_1.

Solution:

 

- Possible outcomes of X : { - 2 , -1 , 0 ,1 , 2 }

- The corresponding probabilities for each outcome are:

                 ( X = -2 ):  { X_2 = 1 , X_1 = 3 }  

                P ( X = -2 ):  P ( X_2 = 1 ) * P ( X_1 = 3 )  

                                :  ( 1 / 3 ) * ( 1 / 3 )  

                                : ( 1 / 9 )    

                ( X = -1 ):  { X_2 = 1 , X_1 = 2 } + { X_2 = 2 , X_1 = 3 }

                P ( X = -1 ):  P ( X_2 = 1 ) * P ( X_1 = 3 ) + P ( X_2 = 2 ) * P ( X_1 = 3)

                                :  ( 1 / 3 ) * ( 1 / 3 ) + ( 1 / 3 ) * ( 1 / 3 )

                                : ( 2 / 9 )        

 ( X = 0 ):  { X_2 = 1 , X_1 = 1 } + { X_2 = 2 , X_1 = 2 } +  { X_2 = 3 , X_1 = 3 }

               P ( X = -1 ):3*P ( X_2 = 1 )*P ( X_1 = 1 )

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                  ( X = 1 ):  { X_2 = 2 , X_1 = 1 } + { X_2 = 3 , X_1 = 2 }

               P ( X = 1 ): 2* P ( X_2 = 2 ) * P ( X_1 = 1 )

                                : 2* ( 1 / 3 ) * ( 1 / 3 )

                                : ( 2 / 9 )

                  ( X = 2 ):  { X_2 = 1 , X_1 = 3 }

                 P ( X = 2 ):  P ( X_2 = 3 ) * P ( X_1 = 1 )  

                                   :  ( 1 / 3 ) * ( 1 / 3 )  

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                         P(Y=0) = 0

                         P(Y=1) =  1/3

                         P(Y=2) = 1/ 3

- The probability for each number of 3 sided die is same = 1 / 3.

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