Answer:
The Answer is B.
Step-by-step explanation:
Answer:
A) Both estimates are slightly larger, so it is reasonable.
Step-by-step explanation:
Since 1/2 = 5/10
And 1/5 = 8/40
<u>Both estimates are larger</u>
Answer:
7.9927128e-6
Step-by-step explanation:
Interest = 500 x .03 x 4
I = 60
Closing Balance = 500 (p) + 60 (1)
Closing Balance = 560
Answer:
k = 3.9
Step-by-step explanation:
Since the three possible outcomes are given. Therefore, the sum of all the probabilities of the three possible outcomes will be equal to one:
![\frac{7}{13} +\frac{1}{k}+ \frac{1}{2k} = 1 \\\\\frac{1}{k} \frac{1}{2k} =1-\frac{7}{13}\\\\\frac{3}{2k} \frac{5}{13}\\\\2k = \frac{(13)(3)}{5}\\\\k = \frac{39}{(5)(2)}\\](https://tex.z-dn.net/?f=%5Cfrac%7B7%7D%7B13%7D%20%2B%5Cfrac%7B1%7D%7Bk%7D%2B%20%5Cfrac%7B1%7D%7B2k%7D%20%3D%201%20%5C%5C%5C%5C%5Cfrac%7B1%7D%7Bk%7D%20%5Cfrac%7B1%7D%7B2k%7D%20%3D1-%5Cfrac%7B7%7D%7B13%7D%5C%5C%5C%5C%5Cfrac%7B3%7D%7B2k%7D%20%5Cfrac%7B5%7D%7B13%7D%5C%5C%5C%5C2k%20%3D%20%5Cfrac%7B%2813%29%283%29%7D%7B5%7D%5C%5C%5C%5Ck%20%3D%20%5Cfrac%7B39%7D%7B%285%29%282%29%7D%5C%5C)
<u>k = 3.9</u>