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3 years ago

7

Cassandra bought an antique dresser for $500. if the value of her dresser decreases 6% annually, what will be the value of cassa

ndras dresser at the end of 3 years to the nearest dollars?

1 answer:

jasenka [17]3 years ago

6 0

The dresser is worth 410 dollars after 3 years.

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Step-by-step explanation:

Given

$P(Single\ Positive) = 0.15$

$n = 2$

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$P(Positive\ Mixture)$

First, we calculate the probability of single negative using the complement rule

$P(Single\ Negative) = 1 - P(Single\ Positive)$

$P(Single\ Negative) = 1 - 0.15$

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So, we have:

$P(Positive\ Mixture) = 1 - 0.85^2$

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