Compute the amount of interest earned in the following simple interest problem. A deposit of 4,500 at 5% for 3 years
1 answer:
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Answer:
A. 0.009899
B. 0.005624
Step-by-step explanation:
Data:
Let the probability that an item is defective =
The probability that the item is not defective =
The probability that the fifth item is defective =
= 0.009899
Probability that one in 5 items is defective = 0.005624