Answer:
Mom is 40 and her daughter is 4; in eight years, mom will be 48 and her daughter will be 12.
Step-by-step explanation:
I say left because you have a straight line, i goes through 0,0 and every time it goes over 1 and up by 3.
(a) P( fifth one is bad) = P( first 4 are OK) * P(5th is bad)
= (0.98)^4 * 0.02 = 0.0184 or 1.84%
(b) this will be (0.98)^10 = 81.70%
Answer:
Step-by-step explanation:
8
Answer:
5.65%
Step-by-step explanation:
Principal=$600
Time=20 years
FV=600*3=$1800
n=1
r=?
r= n[(A/P)^1/nt - 1]
=1{(1800/600)^ 1/1*20 - 1}
={(3)^1/20-1}
=3^0.05-1
=1.0565-1
=0.0565
rate=0.0565*100
=5.65% to the nearest hundredth percent
