A right rectangular prism has a length of 7 centimeters, a width of 5 centimeters, and a height of 4 centimeters. What is the vo
1 answer:
You might be interested in
Answer:
- <u>The rate of return is 8.15%</u>
- <u>This is a good investment</u>
<u></u>
Explanation:
For the first question, you need to find the rate that makes the present value of a stream of ten constant annual payments of $15,000 equal to the $100,000 investment.
The formula that returns the present value of a constant payment is called the annuity formula and is:
In your problem you know:
- Present value: $100,000
- payment: $15,000
- r: ?
- t: 10
You cannot solve for r directly. You must guess a value and calculate the right side of the equation until to you find the rate that makes it equal to 100,000.
Try 5%:
Then, the rate of return is greater than 5%. After several trials you will find that the rate of return is 8.15%.
Since this rate is higher than 8%, which is what the company requires, this is a good investment.
The probability of not surviving a head-on car accident is: 0.903
Step-by-step explanation:
The probabilities of occurrence and non-occurrence of an event add up to one.
If p is the probability that an even will happen and q is the probability that it will not happen
Then
Here,
Probability of surviving = p = 0.097
Probability of not surviving = q = ?
The probability of not surviving a head-on car accident is: 0.903
Keywords: Probability, Inverse
Learn more about probability at:
#LearnwithBrainly