<h3>
Answer: 1034.44 dollars</h3>
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Work Shown:
A = P*(1+r/n)^(n*t)
A = 1000*(1+0.0085/1)^(1*4)
A = 1034.43596172007
A = 1034.44
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Notes:
- P = 1000 is the deposit or principal
- r = 0.0085 is the decimal form of the annual interest rate of 0.85%; we can say 0.85% = 0.85/100 = 0.0085
- n = 1 represents how many times per year we're compounding the money (ie annually)
- t = 4 = number of years
- The result of 1034.44 dollars is only possible if you do not withdraw any of the money in the four year time period.
Answer:
Multiple answers
Step-by-step explanation:
The original urns have:
- Urn 1 = 2 red + 4 white = 6 chips
- Urn 2 = 3 red + 1 white = 4 chips
We take one chip from the first urn, so we have:
The probability of take a red one is :
(2 red from 6 chips(2/6=1/2))
For a white one is:
(4 white from 6 chips(4/6=(2/3))
Then we put this chip into the second urn:
We have two possible cases:
- First if the chip we got from the first urn was white. The urn 2 now has 3 red + 2 whites = 5 chips
- Second if the chip we got from the first urn was red. The urn two now has 4 red + 1 white = 5 chips
If we select a chip from the urn two:
- In the first case the probability of taking a white one is of:
= 40% ( 2 whites of 5 chips) - In the second case the probability of taking a white one is of:
= 20% ( 1 whites of 5 chips)
This problem is a dependent event because the final result depends of the first chip we got from the urn 1.
For the fist case we multiply :
x
=
= 26.66% (
the probability of taking a white chip from the urn 1,
the probability of taking a white chip from urn two)
For the second case we multiply:
x
=
= .06% (
the probability of taking a red chip from the urn 1,
the probability of taking a white chip from the urn two)
Answer: $52 x 4 =230,464 $110 x 979 = 107,690. ESTIMATED ANSWER: 300,000
230,464
+107,690= 338,154
Step-by-step explanation: Hope this helped you!
Answer:no
Step-by-step explanation: