Answer:
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Answer:
<u>The probability that both companies become profitable is 0.03 or 3%.</u>
Step-by-step explanation:
1. Let's review the information given to us to answer the question correctly:
Probability of biotechnology start-up company of becoming profitable = 0.2
Probability of information technology start-up company of becoming profitable = 0.15
2. Assume the companies function independently What is the probability that both companies become profitable?
We will answer this question, assuming these are independent events, this way:
Probability that both companies become profitable = Probability of biotechnology start-up company of becoming profitable * Probability of information technology start-up company of becoming profitable
Replacing with the values given, we have:
Probability that both companies become profitable = 0.2 * 0.15 = 0.03
<u>The probability that both companies become profitable is 0.03 or 3%.</u>
If you add the whole number to the whole number part of the mixed number, and then add the fraction from the mixed number on to the end of that, you get a new mixed number which is your answer.
Total or just the interest?
Total-$619.35
Interest-$19.35
Rays are named according to their endpoints, the first one named is the "starting" endpoint, the second one is the one that will continue on into infinity. Therefore, ray BA has a terminal endpoint at B and goes through point A into infinity. Ray AB has a terminal endpoint at A and goes through point B into infinity. Definitely NOT the same ray.
