So there are 8 total cards, so you need to make your fraction out of 8. and there are 5 blue cards, so the probability of drawing one blue card is 5/8. but because you are doing a second draw, and NOT replacing the card you pulled the first time, you need to multiply 5/8 (the probability of drawing one blue card) and 4/7 (the second drawing).
5/8•4/7=5/14 which means the probability of drawing 2 blue cards in a row without replacing the first card is 5/14
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Answer:
2x5y7
Step-by-step explanation:
Answer:
(a) The future value after 9 years is $7142.49.
(b) The effective rate is
.
(c) The time to reach $13,000 is 21.88 years.
Step-by-step explanation:
The definition of Continuous Compounding is
If a deposit of
dollars is invested at a rate of interest
compounded continuously for
years, the compound amount is

(a) From the information given



Applying the above formula we get that

The future value after 9 years is $7142.49.
(b) The effective rate is given by

Therefore,

(c) To find the time to reach $13,000, we must solve the equation


The answer to your question is r=6