This shows that Billy will have $12, 168.25 after 12 years
<h3>Compound interest</h3>
The formula for calculating the compound interest is expressed as:
From the information given, the amount is expressed as;
This shows that Billy will have $12, 168.25 after 12 years
Learn more on compound interest here: brainly.com/question/24924853
There are 21 black socks and 9 white socks. Theoretically, the probability of picking a black sock is 21/(21+9) = 21/30 = 0.70 = 70%
Assuming we select any given sock, and then put it back (or replace it with an identical copy), then we should expect about 0.70*10 = 7 black socks out of the 10 we pick from the drawer. If no replacement is made, then the expected sock count will likely be different.
The dot plot shows the data set is
{5, 5, 6, 6, 7, 7, 7, 8, 8, 8}
The middle-most value is between the first two '7's, so the median is (7+7)/2 = 14/2 = 7. This can be thought of as the average expected number of black socks to get based on this simulation. So that's why I consider it a fair number generator because it matches fairly closely with the theoretical expected number of black socks we should get. Again, this is all based on us replacing each sock after a selection is made.
either 37, 17, 20 or 24, 26, 51
The sum of the first n terms in a geometric sequence given the first term (a1) and the common ratio (r) is calculated through the equation,
<span>Sn </span>= (<span><span><span>a1</span>(1−<span>r^n</span>) / (</span><span>1−r)
Substituting the known terms,
Sn = (20)(1 - (1/4)^4)) / (1 - 1/4)
Sn = 26.5625
Thus, the sum of the first four terms is 26.5625. </span></span>
