The correct answer is D) 13.2 feet!
<em>*</em>
Answer:
42
Step-by-step explanation:
there is no parenthesis so all that is left is to add the 2 numbers together
Since he is investing the same amount monthly, we have to apply annuity formula. And it is planned for the future. So that, we'll apply future value annuity formula. The formula is
![FV=A[ \frac{(1+ \frac{r}{s})^{Ns} -1 }{r} ]](https://tex.z-dn.net/?f=FV%3DA%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bs%7D%29%5E%7BNs%7D%20-1%20%7D%7Br%7D%20%5D)
, where A is the monthly payment, r is the percentage rate, s is 12 (monthly compound) and N is the time, which is 30. Plugging the numbers into the formula, we write that
![FV=155[ \frac{(1+ \frac{0.037}{12} )^{12*30} - 1 }{0.037} ]](https://tex.z-dn.net/?f=FV%3D155%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7B0.037%7D%7B12%7D%20%29%5E%7B12%2A30%7D%20-%201%20%7D%7B0.037%7D%20%20%5D)
= $8485.450857
Answer:
The average number of phone calls in a 30 minute period is 3.
The probability to receive exactly 2 calls in that period is 0.224.
Step-by-step explanation:
If we are using the same Poisson distribution in the 2 hour period, then the average of phone orders in a reduced interval will be reduced according to that interval. Since 30 minutes is four times smaller than 2 hours, then the average number of phone orders per 30 minutes is 12 * 1/4 = 3. This can also be computed with a Rule of 3
120 minutes -------------> 12 orders
30 minutes ---------------> X orders
X = 30*12/120 = 3
Lets call Y the amount of phone orders received during a specific (random) 30 minute period. Since the average was 3, then Y has a Poisson distribution with parameter 3. The probability of Y being equal to 2 is

Thus, the probability to receive exactly 2 calls in a 30 minute period is 0.224.
It is A because it can’t be B and it can’t be C and it can’t be D so my answer is A