Answer:
$70,201.38
Step-by-step explanation:
To determine the principal amount, we can use the formula:
A = $200,000
r = 7% or 0.07
t = 15 years
n = 12
Now let's substitute our values.
So the principal needed to get 200,000 in 15 years is $70,201.38.
Answer:28 green and 35 red
Step-by-step explanation:
Given
If there are r red counter and g green counter then
Probability of drawing a green counter is
and
Thus
Also if 4 red and 2 green counter is added the probability of drawing a green counter is
Substitute the value of g in equation (ii)[/tex]
Therefore
Thus there 28 green counter and 35 red counter