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wlad13 [49]
3 years ago
10

Apex Help!!!! At the beginning of year 1, Gracie invest $350 at annual simple interest rate of 4%. She makes no deposits to or w

ithdrawals from the account

Mathematics
2 answers:
ASHA 777 [7]3 years ago
8 0

Answer:

Option B.

Step-by-step explanation:

Gracie invest $350 at the beginning of the year 1 at annual simple interest rate of 4%.

the balance at the beginning of the year 12. Interest will be calculated for 11 years.

Formula for simple interest : A = P(1 + rt)

By putting the value : A = 350(1 + 0.04 × 11)

                                   A = 350 ( 1.44 ) = $504.00

So the best answer would be option B.

tankabanditka [31]3 years ago
6 0

It's B A(n)= 350 + (n - 1) (0.04 · 350); $504.00

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Answer:

a) There is n 81.92% probability that she gets an A.

b) If she gets the first problem correct, there is an 89.6% probability that she gets an A.

Step-by-step explanation:

For each question, there are only two possible outcomes. Either the answer is correct, or it is not. This means that we can solve this problem using binomial distribution probability concepts.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.\pi^{x}.(1-\pi)^{n-x}

In which C_{n,x} is the number of different combinatios of x objects from a set of n elements, given by the following formula.

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P(X \geq 3) = P(X = 3) + P(X = 4)

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(b) If she gets the first problem correct, what is the probability she gets an A?

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To get an A, she must get at least 2 of them right, since one(the first one) she has already got it correct.

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If she gets the first problem correct, there is an 89.6% probability that she gets an A.

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