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Rudik [331]
3 years ago
11

A customer deposits $500 in an account that pays 4% annual interest. What is the balance after 3 years if the interest is compou

nded annually? Compound interest formula: V (t) = P (1 + StartFraction r Over n EndFraction) Superscript n t t = years since initial deposit n = number of times compounded per year r = annual interest rate (as a decimal) P = initial (principal) investment V(t) = value of investment after t years
Mathematics
2 answers:
KiRa [710]3 years ago
7 0

Answer:

$562.43

Step-by-step explanation:

V(3) = 500 ( 1 + \frac{0.04}{1} )^{3} \\500 (1.04)^{3}

     = 562.43

ziro4ka [17]3 years ago
4 0

Answer:

D

Step-by-step explanation:

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One of the earliest applications of the Poisson distribution was in analyzing incoming calls to a telephone switchboard. Analyst
grandymaker [24]

Answer:

(a) P (X = 0) = 0.0498.

(b) P (X > 5) = 0.084.

(c) P (X = 3) = 0.09.

(d) P (X ≤ 1) = 0.5578

Step-by-step explanation:

Let <em>X</em> = number of telephone calls.

The average number of calls per minute is, <em>λ</em> = 3.0.

The random variable <em>X</em> follows a Poisson distribution with parameter <em>λ</em> = 3.0.

The probability mass function of a Poisson distribution is:

P(X=x)=\frac{e^{-\lambda}\lambda^{x}}{x!};\ x=0,1,2,3...

(a)

Compute the probability of <em>X</em> = 0 as follows:

P(X=0)=\frac{e^{-3}3^{0}}{0!}=\frac{0.0498\times1}{1}=0.0498

Thus, the  probability that there will be no calls during a one-minute interval is 0.0498.

(b)

If the operator is unable to handle the calls in any given minute, then this implies that the operator receives more than 5 calls in a minute.

Compute the probability of <em>X</em> > 5  as follows:

P (X > 5) = 1 - P (X ≤ 5)

              =1-\sum\limits^{5}_{x=0} { \frac{e^{-3}3^{x}}{x!}} \,\\=1-(0.0498+0.1494+0.2240+0.2240+0.1680+0.1008)\\=1-0.9160\\=0.084

Thus, the probability that the operator will be unable to handle the calls in any one-minute period is 0.084.

(c)

The average number of calls in two minutes is, 2 × 3 = 6.

Compute the value of <em>X</em> = 3 as follows:

<em> </em>P(X=3)=\frac{e^{-6}6^{3}}{3!}=\frac{0.0025\times216}{6}=0.09<em />

Thus, the probability that exactly three calls will arrive in a two-minute interval is 0.09.

(d)

The average number of calls in 30 seconds is, 3 ÷ 2 = 1.5.

Compute the probability of <em>X</em> ≤ 1 as follows:

P (X ≤ 1 ) = P (X = 0) + P (X = 1)

             =\frac{e^{-1.5}1.5^{0}}{0!}+\frac{e^{-1.5}1.5^{1}}{1!}\\=0.2231+0.3347\\=0.5578

Thus, the probability that one or fewer calls will arrive in a 30-second interval is 0.5578.

5 0
3 years ago
The sum of three consecutive integers is at least 86. what are the 3 integers?
pshichka [43]
They could be 28 + 29 + 30
3 0
4 years ago
18<br> 8<br> 13<br> 7<br> Find the area of the white granite area in the picture above.
GaryK [48]

Answer: 178

Step-by-step explanation:

18x13

234 area of white granite

8x7

56 area of blue granite

234-56 to find the area of the white granite

8 0
3 years ago
Given that sin(30)=1/2 and cos(30)=(sqrt3)/2, use trigonometric identities to find the value of cot(30)
Anit [1.1K]

<u>Your question: </u>given that sin(30)=1/2 and cos(30)=(sqrt3)/2, use trigonometric identities to find the value of cot(30)

The correct answer would be D \sqrt{3}

5 0
4 years ago
How do u solve 6x-(3+8x)-11 applying the distributive property?
Irina-Kira [14]
Distribute the negative:
6x-3-8x-11
Combine like terms:
-2x-14
Simplify by factoring:
-2(x+7)
5 0
3 years ago
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