3000 = p( 1 + .06/2)^(4 * 2)
<span>3000 = p(1.03)⁸ </span>
<span>p = 3000/ 1.03⁸ </span>
<span>p = 2368.2277029 </span>
<span>$2368.23 <-----</span>
Answer:
There is a 90.32% probability that the cake was baked by Doug.
Step-by-step explanation:
We have these following probabilities:
A 70% probability that Doug bakes the cake.
A 30% probability that Jeremy bakes the cake.
A 40% probability that a cake baked by Doug gets a thumbs up.
A 10% that a cake baked by Jeremy gets a thumbs up.
One cake was selected at random on 10/01/2014 and got a "thumbs up".
1. Find the probability that the cake was baked by Doug.
The probability that a baked cake gets a thumbs up is:

Of those, 0.7*0.4 = 0.28 are baked by Doug.
So the probability is:

There is a 90.32% probability that the cake was baked by Doug.
Answer:
(x,y)--> (x+4,y-4)
Step-by-step explanation:
Answer:
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Step-by-step explanation: