First, converting R percent to r a decimal
r = R/100 = 6%/100 = 0.06 per year,
putting time into years for simplicity,
4 months ÷ 12 months/year = 0.333333 years,
then, solving our equation
I = $ 376.00
I = 18800 × 0.06 × 0.333333 = 375.999624
I = $ 376.00
The simple interest accumulated
on a principal of $ 18,800.00
at a rate of 6% per year
for 0.333333 years (4 months) is $ 376.00.
Answer:
Step-by-step explanation:
You are right all the way
23*10*8=1840
1840 cubic units
Each coin has a head and a tail, therefore when you toss two coins, you have 4 possible outcomes. You have two heads in only one of these outcomes, while the other three have at least one tail.
The expected value of the game is the price paid/gained times the probability of loss/victory:
E = (1 / 4) · (-6) + (3 / 4) · (2)
= -3 / 2 + 3 / 2
= 0
Bob expects to tie with Will.