The account balance after 3 years if the interest is compounded continuously is $5,142.62
<h3>How to find compound interest?</h3>
- Principal, P = $4,700
- Time,t = 3 years
- Interest rate, r = 3%
r = 3/100
r = 0.03 rate per year,
A = Pe^rt
A = 4,700.00(2.71828)^(0.03)(3)
= 12,775.916^0.09
A = $5,142.62
Therefore, the account balance after 3 years if the interest is compounded continuously is $5,142.62
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Answer:
The game is not fair
Step-by-step explanation:
Let us find the sample space. It is the sum of the two spins
1+1 1+2 1+3 1+4
2+1 2+2 2+3 2+4
3+1 3+2 3+3 3+4
4+1 4+2 4+3 4+4
Adding
2,3,4,5
3,4,5,6
4,5,6,7
5,6,7,8
P(2) = 1/16
p(3) = 2/16
p(4) = 3/16
p(5) = 4/16
p(6) = 3/16
p(7) = 2/16
p(8) = 1/16
Player A gets a point if the sum is 6 or more
P (6,7,8) = P (6) + P(7) + P(8) since they are independent event
=( 3+2+1) /16 = 6/16 = 3/8
Player P gets a point if the sum is less than 6
P (2,3,4,5) =P (2) + P(3) + P(4 + P(5)
(1+2+3+4)/16 = 10/16= 5/8
Player B has a better chance of winning, so the game is not fair
Answer: 60
Step-by-step explanation:
Given
The ratio of chocolate chip to sugar cookies is 5:2
If she bakes 210 cookies in one day
Suppose she baked x amount of chocolate chips on that day
So, we can write
There were 60 sugar cookies on that day
Answer:
Step 1: Write your hypotheses and plan your research design
Step 2: Collect data from a sample
Step 3: Summarize your data with descriptive statistics
Step 4: Test hypotheses or make estimates with inferential statistics
Step 5: Interpret your results
Step-by-step explanation:
Answer
Ask full questions to which we can answer properly
Step-by-step explanation:
thanks
