Answer:
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2/5
Since 12 out of 30 marbles were black, you can assume that the percentage of black marbles in the bag is 40% (Ex: 12/30=.4) The probability that the marble you pick is black is equal to the percentage of black marbles in the bag. 40% is equal to 2/5.
So your present value is 7750. this is what you have now. they give you the intesrest rate which is 4% and how the amount of year is 5.
recall the formula for a compounded continously is
P×e^(r×t)
the answer is 7750×e^(.04×5)
Answer:
<2 and <8
Step-by-step explanation:
