What is the slope intercept equation for this
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We have to calculate the probability of picking a 4 and then a 5 without replacement.
We can express this as the product of the probabilities of two events:
• The probability of picking a 4
,• The probability of picking a 5, given that a 4 has been retired from the deck.
We have one card in the deck out of fouor cards that is a "4".
Then, the probability of picking a "4" will be:
The probability of picking a "5" will be now equal to one card (the number of 5's in the deck) divided by the number of remaining cards (3 cards):
We then calculate the probabilities of this two events happening in sequence as:
Answer: 1/12
Annually The amount after 10 years = $ 7247.295
quarterly compound after 10 years = $7393.5
Continuously interest =$7,419
Given:
P = the principal amount
r = rate of interest
t = time in years
n = number of times the amount is compounding.
Principal = $4500
time= 10 year
Rate = 5%
To find: The amount after 10 years.
The principal amount is, P = $4500
The rate of interest is, r = 5% =5/100 = 0.05.
The time in years is, t = 10.
Using the quarterly compound interest formula:
A = P (1 + r / 4)4 t
A= 4500(1+.05/4)40
A= 4500(4.05/4)40
A= 4500(1.643)
Answer: The amount after 10 years = $7393.5
Using the Annually compound interest formula:
A = P (1 + r / 100) t
A= 4500(1+5/100)10
A= 4500(105/100)10
Answer: The amount after 10 years = $ 7247.295
Using the Continuously compound interest formula:
e stands for Napier’s number, which is approximately 2.7183
A= $2,919
Answer: The amount after 10 years = $4500+$2,919=$7,419
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