Graph the equation and identify the y-intercept.
1 answer:
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Answer:
$7.62 per hour
Step-by-step explanation:
Since, Heather gets a raise every 3 months, in 2 years, she will get a raise 8 times (2years = 24 months, 24 divided by 3 is 8).
Now it becomes a compound growth problem. We can use the formula shown below to solve these type of problems.
Where,
- F is the future value (what we want to find)
- P is the present rate ($6.5)
- r is the rate of growth, in decimal (2% growth means 0.02)
- t is the time frame, number of times compounding occurs (for our case we have figured it to be 8)
<u>Now plugging in all the info, we get the value of F:</u>
Thus, after 2 years, Heather's hourly rate will be $7.62
Answer: a) 0.2222, b) 0.3292, c) 0.1111
Step-by-step explanation:
Since we have given that
Let the probability of getting head be p.
Since, its head is twice as likely to occur as its tail.
a)If the coin is flipped 3 times, what is the probability of getting exactly 1 head?
So, here, n = 3
Now,
b)If the coin is flipped 5 times, what is the probability of getting exactly 2 tails?
2 tails means 3 heads.
So, it becomes,
c)If the coin is flipped 4 times, what is the probability of getting at least 3 tails?
Hence, a) 0.2222, b) 0.3292, c) 0.1111