(a) without replacement:
P(S)=13/52=1/4
P(SS)=(1/4)*(12/51)=1/17
Probability of selecting two spades without replacement is 1/17.
(b) with replacement
P(S)=13/52=1/4
P(SS)=(1/4)(13/52)=1/16
Probability of selecting two spades with replacement is 1/16.
Red apples to all apples:
There are 6 red apples and 13 apples total, so the ratio it 6:13
Green Apples to All Apples:
There are 7 green apples and 13 apples total, so the ratio is 7:13.
The amount she should invest today in the annuity is $455,450.40.
<h3>How much should be invested today?</h3>
The first step is to determine the future value of the monthly annuity.
Future value = monthly payment x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 3.6/12 = 0.3%
- n = number of periods : 15 x 12 = 180
Future value : 3250 x [(1.003^180) - 1] / 0.003 = 774,171.92
The second step is to determine the present value of this future annuity:
774, 171.92 / (1.036^15) = $455,450.40
To learn more about annuities, please check: brainly.com/question/24108530
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Answer:
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3
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Step-by-step explanation:
I hope this helps!!!
1.C
2.A
3.B
4.D