there are 62000 millilitres in 62 liters
Answer:
Yolanda will have a balance of $34,043.10 in 14 years.
Step-by-step explanation:
This is an Ordinary annuity question where you pick the hint from the equal and recurring monthly payment.
To find the Future value of Yolanda's savings after 14 years, use Future value of annuity formula FVA = ![\frac{PMT}{r}[1-(1+r)^{-t} ]\\](https://tex.z-dn.net/?f=%5Cfrac%7BPMT%7D%7Br%7D%5B1-%281%2Br%29%5E%7B-t%7D%20%5D%5C%5C)
PMT= recurring payment = $300
r = discount rate; monthly rate in this case = 6% / 12 =0.5% or 0.005 as a decimal.
t = total duration ; 14 *12 = 168 months
Next, plug in the numbers into the FVA formula;
FVA = ![\frac{300}{0.005} [ 1-(1+0.005)^{-168} ]](https://tex.z-dn.net/?f=%5Cfrac%7B300%7D%7B0.005%7D%20%5B%201-%281%2B0.005%29%5E%7B-168%7D%20%5D)
FVA = 60,000 * 0.5673849
FVA = 34,043.0969
Therefore, Yolanda will have a balance of $34,043.10 in 14 years
The first one is B a-b/a+b. The second one is is also B 1/2c
In general, the most probable distribution is in the ratio of the respective types, namely
Number of blue tails
=12*(53/(53+40))
=6.84
To check between 6 or 7, we use the hypergeometric distribution:
P(B=6)
=C(40,6)C(53,6)/(C(93,12)
=3838380*22957480/416579843773639
=0.211530
P(B=7)
=C(40,5)C(53,7)/(C(93,12)
=658008*154143080/416579843773639
=65563917120/269282381237
=0.243476
Hence the most probable number of blue tail fishes is 7
Note: it would be prudent to calculate P(B=8)=0.194443 to show that P(B=7) is indeed the highest value.