PV = P(1 - (1 + r)^-n) / r; where P is the periodic withdrawal = $100,000; r = rate = 5% = 0.05; n = number of periods = 20 years.
PV = 100000(1 - (1 + 0.05)^-20) / 0.05 = 100000(1 - 1.05^-20) / 0.05 = 100000(1 - 0.3769) / 0.05 = 100000(0.6231) / 0.05 = 100000(12.4622) = 1,246,221 ≈ $1,250,000
Answer:
Answers below
Step-by-step explanation:
a. Is x (approximately) a binomial random variable?
b. Give the probability distribution for x as a formula.
c. Find p(x = 2).
d. Find P(x <= 1).
Answer:
c 89+42x+42y
Step-by-step explanation:
On day 1 :
First Machine= 89 stickers
Second Machine= none
On day 2 :
First Machine= ? stickers ( if in 1min = 42stickers
x min=?
( x min/1 min × 42stickers)
=42x stickers.
Second Machine=?stickers ( if in 1min = 42stickers
y min=?
( y min/1 min × 42stickers)
=42y stickers.
Total = 89 + 42x + 42y
Answer: 17 is the only prime number
Step-by-step explanation:
The answer is a. 2 of the sides are the same and one angle is the same
