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riadik2000 [5.3K]
3 years ago
9

Suppose an investment of $5,000 doubles every 12 years. How much is the investment worth after 36 years? After 48 years?

Mathematics
1 answer:
nadezda [96]3 years ago
8 0
This can be done without exponential equations.

It doubles every 12 years so it has doubled in price
5,000 * 2 = 10,000

After 36 years the value has increased 8 times
5,000 * 8 = 40,000

After 48 years the value has increased 16 times
5,000 * 16 = 80,000


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Step-by-step explanation:

Given: Probability of a children under age 5 has food allergies = 7%

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To find : Probability of atleast one of 12 student has food allergies

Probability of a chindren under age 5 does not have food allergies = 1-\frac{7}{100}

                  ⇒ prob = \frac{93}{100}

now we find Probability of atleast one of 12 student has food allergies this means we have to find prob of 1 student, 2 student, 3 student, till 12 student have allergy out of 12 student of class then add all prob.

But instead of finding all these probability we find probability of student having no allergy.i.e., 0 student then subtract it from 1(total probability)

Probability of 0 student having allergy out of 12 student = (\frac{93}{100})^{12}

Therefore, Probability of atleast one of 12 student has food allergies

                  = 1-(\frac{93}{100})^{12}

                  = 0.581403702521

                  ≈ 0.58 ( approx)

                 

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Step-by-step explanation:

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