Answer:
Amount = Initial value × (1 + rate of interest)^years and 374
Step-by-step explanation:
The formula to determine the student population and the estimated student population is given below:
As we know that
Amount = Initial value × (1 + rate of interest)^years
= 284 × (1 + 0.04)^7
= 284 × 1.04^7
= 373.72
= 374
3 yrs ago:
Alice - x
Jane - 3x
Fast forward 2 years... 1 year ago:
Sum of their ages = 62
Equation to solve: x + 3x = 62
4x = 62
----- -----
4 4
x = 15.5
From this, we can deterime that Alice is 15 1/2 years old.
Then, plug in 15.5 for x in 3x to find Jane's age.
15.5 × 3 = 46.5
From this, we can determine that Jane is 46 1/2 years old.
I hope this helps you to understand this problem better.
Answer:
A possible solution is that radius of cone B is 2 units and height is 36 units
Step-by-step explanation:
Step-by-step explanation:
The volume of a cone is given by
where
r is the radius
h is the height
Here we are told that both cones A and B have the same volume, which is:
And
(2)
We also know that cone A has radius 6 units:
and height 4 units:
For cone B, from eq.(2), we get
One possible solution for this equation is
In fact in this case, we get:
Therefore a possible solution is that radius of cone B is 2 units and height is 36 units, and we know that in this case Cone B has the same volume as cone A because it is told by the problem.
Answer:
The insurance company should charge $1,873.5.
Step-by-step explanation:
Expected earnings:
1 - 0.99813 = 0.00187 probability of the company losing $1 million(if the client dies).
0.99813 probability of the company earning x(price of the insurance).
What premium would an insurance company charge to break even on a one-year $1 million term life insurance policy?
Break even means that the earnings are 0, so:
The insurance company should charge $1,873.5.
If he flipped the coin 100 times and got 50 heads, then the answer would be 0.5 (since 50/100 = 1/2 = 0.5). I think you might be mixing theoretical probability with empirical probability.
In this case, he got 28 heads out of 75 flips
so 28/75 = 0.373333... where the 3's repeat forever
This rounds to 0.37
That's why the answer is actually choice A
