Find the interest earned on an investment with a principal = $850, interest rate = 12% per year, and time = 6 months.
1 answer:
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Answer:
0.9562
Step-by-step explanation:
Binomial probability is mathematically expressed as:
Given that p=0.18, n=5 , is calculated as:
Hence, the probability of no more than 2 successes in 5 trials is 0.9562
Pythagorean Theorem: a^2+b^2=c^2
(9)^2 + b^2 = (23)^2
81 + b^2 = 529
b^2 = 529 - 81
b^2 = 448
b^2 =
b = 21.2
(9)^2 + b^2 = (23)^2
81 + b^2 = 529
b^2 = 529 - 81
b^2 = 448
b^2 =
b = 21.2