Answer:
The balanced amount is $3130.25.
Step-by-step explanation:
Given : Lily provider a loan of $2500 to David that had an annual interest rate of 4.6%.
To find : The balance after 5 years if it compounded yearly ?
Solution :
Using compound interest formula,
Where, P=$2500 is the principal
r=4.6%=0.046 is the interest rate
t=5 years
Substitute the values,
Therefore, the balanced amount is $3130.25.
Answer:
y - 5 = (x - 1)
Step-by-step explanation:
Note that =
Differentiate using the power rule
(a
) = na
Given
y = x = x.
=
, then
=
When x = 1
=
. 1 =
The equation of a line in point- slope form is
y - b = m(x - a)
where m is the slope and (a, b) a point on the line
Here m = and (a, b) = (1, 5), thus
y - 5 = (x - 1) ← equation of tangent
Answer:
a
b
Step-by-step explanation:
Let the random X variable representing the 6 companies that give 4 weeks of vacation after 15 years of employment:
-let p=0.5 be the probability of vacation. Since the companies are independent, X assumes a binomial random variable:
#Probability that the number of companies that give vacation is anywhere from 2 to 5:
We use equation 1;
Hence the probability that between 2 and 5 companies give vacation is 0.875
b. The probability that fewer than 3 companies give vacation is calculated as:
From equation one we get:
Hence the probability that less than three companies give vacation is 0.3432