Answer:
23%
Step-by-step explanation:
If in any year there is a 12% chance that a mutual fund will outperform the market, that is in a mutually exclusive situation where the previous years performance is not considered. In this situation where trying to calculate the probability of a mutual fund outperforming the market 2 years in a row, the answer will be 23% as according to the calculations done by the financial analyst where the probability is calculated in a situation dependent on the previous years performance.
It would come out to 3x = 3x so it would be infinitely many solutions
Answer:
The interest when rate is 5.2% is $48.88
Step-by-step explanation:
if interest (I) varies directly as interest rate (R)
Then
I ∝ R
I=cR
c= constant
if interest is $47 when interest rate is 5%
47 =.05c
c = 940
if interest rate is 5.2% then
I = 940 x .052
=48.88
=$48.88
Answer:
x1 = 2 -
x2= 2 +
Step-by-step explanation:
x/4 + 6 = 7 + 1/4x
(x^2 - 1)/4x = 1
x^2 - 1 = 4x
x^2 - 4x -1 = 0
x= (4+
)/2 = 2 -
x= 2 +
I’m pretty sure it’s 2 but i’m not 100 percent on that
