Answer:
2.66
Step-by-step explanation:
Answer:
6
Step-by-step explanation:
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Based on the information given, it should be noted that the mean and standard deviation of Y will be 0.4899 and 0.699 respectively.
<h3>Calculating the mean.</h3>
Based on the information given, it should be noted that the probability distribution for y will be:
Y 0 1. 2
Probability 0.63. 0.25. 0.12
The mean of Y will be:
= (0 × 0.63) + (1 × 0.25) + (2 × 0.12)
= 0 + 0.25 + 0.25
= 0.49
The variance will be 0.4899. Therefore, the standard deviation will be:
= ✓0.4899
= 0.699
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Y=3x+4 beacause the slope is m and b is the y-intercept
<h3>Given:</h3>
- P= $50,000
- R= 10%
- T= 5 years
<h3>Note that:</h3>
- P= Principal amount
- R= Rate of interest
- T= Time period
<h3>Solution:</h3>

Let's substitute according to the formula.

<em>A=</em><em> </em><em>$80525.5</em>
Now, we can find the interest paid

We'll have to deduct the total amount from the principal amount.
Let's substitute according to the formula.

<em>I=</em><em> </em><em>$30525.5</em>
<u>Hence</u><u>,</u><u> </u><u>the</u><u> </u><u>total</u><u> </u><u>amount</u><u> </u><u>paid</u><u> </u><u>after</u><u> </u><u>5</u><u> </u><u>years</u><u> </u><u>is</u><u> </u><u>$</u><u>80525.5</u><u> </u><u>and</u><u> </u><u>$</u><u>30525.5</u><u> </u><u>was</u><u> </u><u>paid</u><u> </u><u>as</u><u> </u><u>interest</u><u>.</u>