PLEASE I NEED HELP, DUE IN 1hr!!!!
1 answer:
Answer:
$137,339.88
Step-by-step explanation:
Here is the equation for compound interest: A=P(1+(r/n))^nt
where A=amount of money, P=principal, r= rate in decimal, n=number of times compounded per t, and t=time
In this case:
A=$250,000
P= ?
r= 0.04
n= 12 month/yr
t= 15 yrs
You can manipulate the equation to solve for P:
P=A/[(1+(r/n))^nt]
Plug in variables then solve:
P=
P=137339.8761 = $137,339.88
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Answer:
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Step-by-step explanation:
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Answer:
Step-by-step explanation:
We know that:
In a deck of 52 cards there are 4 aces.
Therefore the probability of obtaining an ace is:
P (x) = 4/52
The probability of not getting an ace is:
P ('x) = 1-4 / 52
P ('x) = 48/52
In this problem the number of aces obtained when extracting cards from the deck is a discrete random variable.
For a discrete random variable V, the expected value is defined as:
Where V is the value that the random variable can take and P (V) is the probability that it takes that value.
We have the following equation for the expected value:
In this problem the variable V can take the value V = 9 if an ace of the deck is obtained, with probability of 4/52, and can take the value V = -1 if an ace of the deck is not obtained, with a probability of 48 / 52
Therefore, expected value for V, the number of points obtained in the game is:
So: