Answer:
it will take 10 weeks for him to pay his brother completly
Step-by-step explanation:
Answer:
It takes 22.52 years for the balance to triple in value.
Step-by-step explanation:
Continuous compounding:
The amount of money earned using continuous compounding is given by the following equation:

In which A(0) is the initial amount of money and r is the interest rate, as a decimal.
Interest rate of 5%.
This means that
, and thus:



Time for the balance to triple?
This is t for which
. So







It takes 22.52 years for the balance to triple in value.
<span>Binomial Problem with n = 50 and P(op) = 0.0.7
P(31<=50) = 1 - P(0<=x<=30) = 1 - binomcdf(50,0.7,30) = 1-0.0848 = 0.9152
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M-2 and -15xbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb