Answer:
$32,000
Step-by-step explanation:
Yearly investment = $3,000
Number of years = 20
Investments earned an average of 8 percent a year.
Total invested amount = $3,000 × 20 = $60,000
Current value of investment = $92,000.
We need to find the total earnings on the investment.
Earnings = Current value of investment - Total invested amount
Earnings = $92,000 - $60,000
Earnings = $32,000
Therefore, the total earnings is $32,000.
Answer: 60 decrease or 150 decrease
Step-by-step explanation:
Answer:a) P(8 of the players numbers are drawn)=1.3×10^-8
b) P(7 of the players number are drrawn)=3.33×10^-c) P(at least 6 of the players number were drawn)=1.84×10^-4
Step-by-step explanation:
Players has 8 combinations of numbers from 1-40. The outcome S contains all the combinations of 8 out of 40
a) P(8 of the players numbers are drawn)= 1/40/8= 1.3×10^-8
There are one in hundred million chances that the draw numbers are precisely the chosen ones.
b) Number of ways of drawing 78 selected numbers from 1-40=8×(40-7)
8×32
P(7 of the players number are drawn)=8×32/40 =3.33×10^-6.
There are approximately 300,000 chances that 7 of the players numbers are chosen
c) P(at least 6 players numbers are drawn)= 32/2×(8/6) ways to draw.
P(at least 6 players numbers are drawn)=P(all 8 chosen are drawn)+P(7 players numbers drawn)+P(6 chosen are drawn) = 1+ 8 x32/40/8 +[8\6 ×32/2]
P(at least 6 players numbers are drawn) = 1.84×10^-4.
There are approximately 5400chances that at least6 of the numbers drawn are chosen by the player.
Answer:
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