The quantity demanded would increase due to the cheaper price people would want to take advantage and buy it when it was on sale. There is not enough information to determine whether the supply or demand would maintain so D is your answer.
Answer:
After 23 years , the capital will get three times as big
Step-by-step explanation:
Firstly, let us write the compound interest formula
P = I( 1 + r)^n
Since we are considering a capital rise of 3 times
If I, the initial value is x, the P
value later will be 3x
Interest rate is 5/100 = 0.05
so we need the value of t
This will be;
3x = x(1 + 0.05)^t
3= 1.05^t
ln 3 = t ln 1.05
t = ln 3/ln 1.05
t = 23 years
By using the trial method we get a total number of trials taken by Charlie to see both sides of both the coins is 4.
<h3>What is probability?</h3>
Probability is the name of the area of mathematics that deals with the examination of random events. The ratio of favorable occurrences to the total number of events is used to calculate an event's probability.
P(E) = F(E)/T (E)P(E)
It stands for the probability that an event will occur.
F(E) = Amount of favorable occurrences
Total number of trials (T(E))
Given that Charlie has 2 fair coins.
If he tosses the pair of coins simultaneously, then the number of samples can be HH, HT, TH, TT.
So to see both sides of both the coins he should toss the coin four times.
To know more about probability, visit:
brainly.com/question/12629667
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