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Degger [83]
4 years ago
11

If you invest $8,600 at a 3.95% simple annual interest rate, approximately how long will it take for you to have a total of $21,

000? a. 25 years b. 36 years c. 45 years d. 60 years
Mathematics
2 answers:
telo118 [61]4 years ago
5 0
Well, Doing 8,600 x .0395, you get 339.7, then if you do that x 25, that's too low if you add 8600 to it, 36 years if you do 339.7 x 25, then add 8600 its extremely close to 21000. And since you put approximately, since this will round up, the best answer choice is definitely B

Hope this helps. Have a great day!
 
dimulka [17.4K]4 years ago
5 0

Answer:

36 years

Step-by-step explanation:

I got it correct.

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"A study conducted at a certain college shows that 56% of the school's graduates find a job in their chosen field within a year
KiRa [710]

Answer:

99.27% probability that among 6 randomly selected graduates, at least one finds a job in his or her chosen field within a year of graduating.

Step-by-step explanation:

For each student, there are only two possible outcomes. Either they find a job in their chosen field within one year of graduating, or they do not. The probability of a student finding a job in their chosen field within one year of graduating is independent of other students. So we use the binomial probability distribution to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

In which C_{n,x} is the number of different combinations of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

And p is the probability of X happening.

56% of the school's graduates find a job in their chosen field within a year after graduation.

This means that p = 0.56

Find the probability that among 6 randomly selected graduates, at least one finds a job in his or her chosen field within a year of graduating.

This is P(X \geq 1) when n = 6.

Either none find a job, or at least one does. The sum of the probabilities of these events is decimal 1. So

P(X = 0) + P(X \geq 1) = 1

P(X \geq 1) = 1 - P(X = 0)

In which

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 0) = C_{6,0}.(0.56)^{0}.(0.44)^{6} = 0.0073

P(X \geq 1) = 1 - P(X = 0) = 1 - 0.0073 = 0.9927

99.27% probability that among 6 randomly selected graduates, at least one finds a job in his or her chosen field within a year of graduating.

8 0
3 years ago
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Since the three angles of a triangle add to give 180°

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8 0
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ohaa [14]

Answer:

Step-by-step explanation:

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Over [174]

Answer:

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