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Ilia_Sergeevich [38]
4 years ago
8

After 5 years, what is the total amount of a compound interest investment of $32,000 at 3% interest, compounded quarterly?

Mathematics
1 answer:
Nataliya [291]4 years ago
6 0
$37,157.89 Hope that helps!
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Two candidates are randomly selected. a. List all the possible outcomes. b. What is the probability that both are qualified? c.
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Question:

Four candidates are to be interviewed for a job. Two of them, numbered 1 and 2, are qualified, and the other two, numbered 3 and 4, are not.

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a. S = {12,13,14,23,24,34}

b. 1/6

c. ⅔

Step-by-step explanation:

Let S = Sample Space i.e. total possible outcomes

Given that candidates 1 and 2 are qualified and 3 and 4 are not qualified.

If two candidates are randomly selected. The list of all possible outcomes is as follows

S:{12,13,14,23,24,34}

And the number of outcomes is 6

b. What is the probability that both are qualified?

The event that both are qualified is given as {12} or {21}

From the sample space in (a) above, there's only one occurrence of {12} = 1

So, the probability is calculated as 1/6

c. What is the probability that exactly one is qualified?

The event that one one is qualified is given as {13,14,23,24}

Total = 4

Probability = 4/6

Probability = ⅔

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4 years ago
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