Answer:
Solution in photo
Step-by-step explanation:
Hi there
The formula is
A=p (1+r)^t
A future value
P present value 75
R interest rate 0.05
T time
After 1 year the balance is
A=75×(1+0.05)
A=78.75
After 2 years
A=75×(1+0.05)^(2)
A=82.69
After 5 years
A=75×(1+0.05)^(5)
A=95.72
After 20 years
A=75×(1+0.05)^(20)
A=198.99 round
A=199
Hope it helps
<span>Winning Probablity = 0.2, hence Losing Probability = 0.8
Probablity of winning atmost one time, that means win one and lose four times or lose all the times. So p(W1 or W0) = p (W1) + p(W0)
Winning once W1 is equal to L4, winning zero times is losing 5 times.
p(W1) = p(W1&L4) and this happens 5 times; p(W0) = p(L5);
p (W1) + p(W0) = p(L4) + p(L5)
p(L4) + p(L5) = (5 x 0.2 x 0.8^4) + (0.8^5) => 0.8^4 + 0.8^5
p(W1 or W0) = 0.4096 + 0.32768 = 0.7373</span>
Answer:
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