Answer:
The probability that a resident reports high satisfaction while the resident is a renter is Option(a) 
Step-by-step explanation:
Given:
Levels of satisfaction
High Medium Low Total
Owners 
Renters 
Total 
The Resident is a renter.
Step 1:
To find the probability that a resident reports high satisfaction.
P(Renter- higher satisfaction)= Higher Satisfaction by render ÷ Total level of satisfaction
is the probability that a resident reports high satisfaction.
Therefore, Option (a) is a correct answer.
Learn more about Probability, refer:
Answer:
5 years
Step-by-step explanation:
In the question we are given;
- Amount invested or principal amount as $5048
- Rate of interest as 4% compounded 12 times per year
- Amount accrued as $6,163.59
We are required to determine the time taken for the money invested to accrue to the given amount;
Using compound interest formula;
where n is the interest period and r is the rate of interest, in this case, 4/12%(0.33%)
Therefore;
introducing logarithms on both sides;
But, 1 year = 12 interest periods
Therefore;
Number of years = 60.61 ÷ 12
= 5.0508
= 5 years
Therefore, it will take 5 years for the invested amount to accrue to $6163.59
