The equation A = p + prt is used to find the accumulated amount, A, of an investment with principal, p, a certain interest rate,
2 answers:
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Answer:
Step-by-step explanation:
Based on the given conditions, write:
Find common denominator and write numerators above common denominator:
Calculate the sum or difference:
Divide the fraction by multiplying its reciprocal:
Calculate the product or quotient:
Answer:
Answer:
0.632
Step-by-step explanation:
Given that a homeowner is three times as likely to purchase additional jewelry coverage as additional electronics coverage
If probability of purchasing additional electronics coverage = p, then prob of purchasing jewelry coverage = 3p
The two events are independent hence joint probability is product of these two.
i.e. P(both) =
This is given as 0.2
the probability that a homeowner purchases exactly one coverage.
= Prob he purchases I + prob he purchases II-2(prob he purchases both)