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rewona [7]
4 years ago
13

Use the following compound interest formula to complete the problem. A = P (1 + StartFraction r over n EndFraction) superscript

n superscript t Currently you have two credit cards, H and I. Card H has a balance of $1,186.44 and an interest rate of 14.74%, compounded annually. Card I has a balance of $1,522.16 and an interest rate of 12.05%, compounded monthly. Assuming that you make no purchases and no payments with either card, after three years, which card’s balance will have increased by more, and how much greater will that increase be? a. Card I’s balance increased by $53.16 more than Card H’s balance. b. Card I’s balance increased by $13.45 more than Card H’s balance. c. Card H’s balance increased by $35.61 more than Card I’s balance. d. Card H’s balance increased by $49.06 more than Card I’s balance. Please select the best answer from the choices provided A B C D
Mathematics
1 answer:
Pavel [41]4 years ago
7 0

Answer:

A

Step-by-step explanation:

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Among persons donating blood to a clinic, 85% have Rh+ blood (that is, the Rhesus factor is present in their blood.) Six people
Leona [35]

Answer:

a) There is a 62.29% probability that at least one of the five does not have the Rh factor.

b) There is a 22.36% probability that at most four of the six have Rh+ blood.

c) There need to be at least 8 people to have the probability of obtaining blood from at least six Rh+ donors over 0.95.

Step-by-step explanation:

For each person donating blood, there are only two possible outcomes. Either they have Rh+ blood, or they do not. This means that we use the binomial probability distribution to solve this problem.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

In which C_{n,x} is the number of different combinatios of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

And p is the probability of X happening.

In this problem we have that:

p = 0.85, n = 6.

a) fine the probability that at least one of the five does not have the Rh factor.

Either all six have the factor, or at least one of them do not. The sum of the probabilities of these events is decimal 1. So:

P(X < 6) + P(X = 6) = 1

P(X < 6) = 1 - P(X = 6)

In which:

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 6) = C_{6,6}.(0.85)^{6}.(0.15)^{0} = 0.3771

So

P(X < 6) = 1 - P(X = 6) = 1 - 0.3771 = 0.6229

There is a 62.29% probability that at least one of the five does not have the Rh factor.

b) find the probability that at most four of the six have Rh+ blood.

Either more than four have Rh+ blood, or at most four have. So

P(X \leq 4) + P(X > 4) = 1

P(X \leq 4) = 1 - P(X > 4)

In which

P(X > 4) = P(X = 5) + P(X = 6)

P(X = 5) = C_{6,5}.(0.85)^{5}.(0.15)^{1} = 0.3993

P(X = 6) = C_{6,6}.(0.85)^{6}.(0.15)^{0} = 0.3771

P(X > 4) = P(X = 5) + P(X = 6) = 0.3993 + 0.3771 = 0.7764

P(X \leq 4) = 1 - P(X > 4) = 1 - 0.7764 = 0.2236

There is a 22.36% probability that at most four of the six have Rh+ blood.

c) The clinic needs six Rh+ donors on a certain day. How many people must donate blood to have the probability of obtaining blood from at least six Rh+ donors over 0.95?

With 6 donors:

P(X = 6) = C_{6,6}.(0.85)^{6}.(0.15)^{0} = 0.3771

37.71% probability of obtaining blood from at least six Rh+ donors over 0.95.

With 7 donors:

P(X = 6) = C_{7,6}.(0.85)^{6}.(0.15)^{1} = 0.3960

0.3771 + 0.3960 = 0.7764 = 77.64% probability of obtaining blood from at least six Rh+ donors over 0.95.

With 8 donors

P(X = 6) = C_{8,6}.(0.85)^{6}.(0.15)^{2} = 0.2376

0.3771 + 0.3960 + 0.2376 = 1.01 = 101% probability of obtaining blood from at least six Rh+ donors over 0.95.

There need to be at least 8 people to have the probability of obtaining blood from at least six Rh+ donors over 0.95.

5 0
3 years ago
Factor completely.<br> 4 - 12x + 9x^2
murzikaleks [220]

4-12x+9x^{2} \\4-6x-6x+9x^{2} \\2(2-3x)-3x(2-3x)\\(2-3x)(2-3x)\\(2-3x)^2

7 0
3 years ago
A home Improvement store advertises 60 ft.² of flooring for 287.00 including an 80.00 installation fee write an equation to repr
anastassius [24]

Answer:

cost = \frac{287}{60} +80

Step-by-step explanation:

So, for 60 square feet they charge = 287

So, for 1 square foot they charge = \frac{287}{60}

If they charge the installation fee this becomes = \frac{287}{60} +80

We can write an equation to calculate cost by using this =\frac{287}{60} x +80

Where x is the amount of square foot

3 0
3 years ago
$$ \sqrt{6\frac{1}{4}} $$
ratelena [41]
Chu gf fr uvv V dhh gg jb cub
6 0
3 years ago
Martha changed 350 US dollars into 385 Australian dollars. How many Australian dollars did she receive for each US dollar?
Leni [432]

Answer:

For each US dollar she gets 1.1 AUS dollars

Step-by-step explanation:

350US for 385AUS

350:385 divide by 350

1 : 1.1

6 0
3 years ago
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