Answer:
Her call lasted for 1 minutes.
Step-by-step explanation:
She bought a prepaid card ($25)
0.9 times 11 = 0.99
25 - 0.99 = 24.01
Answer:
b-4a
Step-by-step explanation:
Answer:
He wont foul out with probability 0.9093
Step-by-step explanation:
The total number of fools he picked is a Binomial ditribution noted by X with parameters p = 0.05 and N = 48. The mean of this random variable is μ = np = 48*0.05 = 2.4 and the variance is σ² = np(1-p) = 2.4*0.95 = 2.28, hence its standard deviation is σ = √2.28 = 1.51.
Note that, if approximate probability is asked, we could just approximate X with a Normal random variable with mean 2.4 and standard deviation 1.51 (this can be done because of the central limit theorem). We will calculate the probability manually. He wont foul out if he picks 0,1,2,3 or 4 fouls, thus

As a consecuence, he wont foul out with probability 0.9093.
Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Monthly deposit= $100
Interest rate= 0.06/12= 0.005
Number of periods= 12*5= 60 months
<u>a)</u>
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.005^60) - 1]} / 0.005
FV= $6,977
b) <u>If the deposit is at the beginning of the month, the interest is compounded one more period</u>. We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= 6,977 + {[100*(1.005^60)] - 100}
FV= 6,977 + 35
FV= $7,012
Answer:
BD
Because it is straight line segment that passes through center from one point in circumference to other