Andrea bought 12 bagels at the bakery. Of these bagels, 2/3 were multigrain. How many multigrain bagels did Andrea buy?
1 answer:
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Answer:
A(t) = 200+15t(1+0.02)^{t}
Step-by-step explanation:
Since the interest is calculated on the new balance every year.
Hence the formula used for compound interest is:
A = P(1+^{nt}
where, A =Amount after t years
P =Principal amount
200 is the initial balance and Since, here the $15 is added to the balance each year. Therefore, P = 200+15t
r = rate each year (0.02)
t = time (in years) (t)
n = no. of times the interest is compounded in a year (n=1)
Therefore, the recursive formula is:
A(t) = 200+15t(1+0.02)^{t}
Using the uniform distribution, it is found that there is a 0.3 = 30% probability that Samantha has to wait less than 4.5 minutes to catch the bus.
<h3>What is the uniform probability distribution?</h3>It is a distribution with two bounds, a and b, in which each outcome is equally as likely.
The probability of finding a value of at lower than x is:
In this problem, the time is uniformly distributed between 0 and 15 minutes, hence the bounds are a = 0 and b = 15.
The probability that Samantha has to wait less than 4.5 minutes to catch the bus is given by:
More can be learned about the uniform distribution at brainly.com/question/13889040