Answer:
0.375, 0.125, 0.5
Step-by-step explanation:
given that you are taking a T/F exam and you have no idea at all about the answers to the last three questions.
Probability for correct guess = 0.5 remains constant for each of the three questions
X - no of questions is binomial with n =3 and p = 0.5
1) the probability that you guessed right on exactly one of the three questions
= P(X=1)
= 
2) the probability that you guessed right on zero of the three questions
= 
3) the probability that you guessed right on at least two of the questions
=
X+x=15 combine like terms on left side
2x=15 divide both sides by 2
x=7.5
Simple....
x<6
This means that on your graph at 6 it's a circle (not colored in) and it goes to the left indefinitely...
Thus, your answer.
Answer:
21 months
Step-by-step explanation:
1 month: $25.00 2 month: $50.00 3 month: $75.00 4 month: $100.00 5 month: $125.00 6 month: $150.00 7 month: $175.00 8 month: $200.00 9 month: $225.00 10 month: $250.00 11 month: $275.00 12 month: $300.00 13 month: $325.00 14 month: $350.00 15 month: $375.00 16 month: $400.00 17 month: $425.00 18 month: $450.00 19 month: $475.00 20 month: $500.00 21 month: $525.00
By the 21st month, Sam would have paid $525 making the flat fee a better choice.
Solution:
Principal =P= $ 7,500
Option A→(Simple interest)
Rate of interest= R=4%
Time(
)=4 years
Time(
)=6 years
Amount= Principal + Interest(Simple or compound interest)
Formula for Simple interest
Total amount after 4 years when interest is simple= 7500 +1200= $ 8700
Total amount after 6 years when interest is simple= 7500 +1800= $ 9300
Option B
Formula for amount(A) when interest is 3.15% compounded annually.
Total amount after 4 years when interest is compounded annually=$ 8491 (approx)
Total amount after 6 years when interest is compounded annually=$ 9034(approx)
