There is a 1 in 15 chance it could occur. The more numbers you add, the rarer the chance. This does not guarantee that it will occur in 15 tests.
A₀ = 18 000(1 + 0.0025)⁰
A₁ = 18 000(1 + 0.0025)¹
A₂ = 18 000(1 + 0.0025)²
A(n) = 18 000(1 + 0.0025)ⁿ
So, after 5 months, A(n) = 18 000(1 + 0.0025)⁵ = $18 226.1278 ≈ 18 226.13
5 years is 60 months.
A₆₀ = 18 000(1 + 0.0025)⁶⁰ = $20 909.1021 ≈ $20 909.10
The answer is 4.51.............
Step-by-step explanation:
sorrry .......................
Answer:
Step-by-step explanation:
Given a large enough sample size the probability is 100%
If the question is "What is the probability of catching 3 tennis balls in three tosses in mid air. Sample size is 3
0.74³ = 0.405224 or about 41%