What are two types of values? A B
1 answer:
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Answer:
- 0.0374
- 0.0010
Step-by-step explanation:
number of cards = 52
number of queen = 4
number of spades = 13
A) probability that the tenth card is a queen
drawn time (r) = 1
position of success(x) = 10th
p = 4/52
P( x,r,p) =
p(10,1,4/52) = 9C0(4/52)^1 * (48/52)^9 = 0.0374
B) probability the twentieth card is a spade
x = 20
r = 1
p = 13 / 52
P(20,1,26/52) = 19C0(26/52)^1 * (26/52)^19 = 0.0010
c) The last five cards been spades
p(last five cards been spades )
p(48..52, 5, 13/52 ) = 47...52C4(13/52)^5 * (39/52)^48..52 - 5
Answer:
The interest rate is 7.58%
Step-by-step explanation:
Compound continuous interest can be calculated using the formula:
A = P, where
- A is the future value of the investment, including interest
- P is the principal investment amount (the initial amount)
- r is the interest rate in decimal
- t is the time the money is invested for
∵ Angus has $3,000 he want to invest
∴ P = 3000
∵ The interest rate is compounded continuously
∵ Angus has $5,500 in 8 years
∴ A = 5500
∴ t = 8
→ Substitute them in the rule above to find r
∵ 5500 = 3000
→ Divide both sides by 3000
∴ =
→ Insert ㏑ in both sides
∵ ㏑( ) = ㏑(
)
→ Remember ㏑() = n
∴ ㏑( ) = 8r
→ Divide both sides by 8
∴ 0.07576697545 = r
→ Multiply it by 100% to change it to a percentage
∴ r = 0.07576697545 × 100%
∴ r = 7.576697545 %
→ Round it to the nearest hundredth
∴ r ≅ 7.58
∴ The interest rate is 7.58%