Your sock drawer has 3 pairs of black socks, 4 pairs of brown socks, 1 pair of yellow socks and 5 pairs of blue socks. you reach
1 answer:
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Answer:
$1,229.75
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First, change 3.25% into a decimal:
3.25% -> -> 0.0325
Since the interest is compounded monthly, we will use 12 for n. Lets plug in the values now:
Lastly, subtract A from P to get the interest earned:
Answer:
The probability that the second card is a face card if it’s known that the first card was a face card is 0.0497
Step-by-step explanation:
Total number of face cards = 12
Total cards = 52
Probability of getting face card on first draw=
Remaining no. of face cards = 11
Remaining number of total cards = 51
Probability of getting face card on second draw=
The probability that the second card is a face card if it’s known that the first card was a face card =
Hence The probability that the second card is a face card if it’s known that the first card was a face card is 0.0497