Answer:
0.9905,0.9837,0.8066
Step-by-step explanation:
Given that 10% of all steel shafts produced by a certain process are nonconforming but can be reworked (rather than having to be scrapped).
Each shaft is independent of the other and probability for non conforming is the same for each trial.
Hence X the among these that are nonconforming and can be reworked. is Bin with n =200 and p = 0.10
a)
b)
c)
Answer:
Jimmy's account balance will be $673.43 after 10 years.
Step-by-step explanation:
The compound interest formula is given by:
Where A is the amount of money, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per unit t and t is the time the money is invested or borrowed for.
In this problem, we have that:
What will Jimmy’s account balance be after 10 years if the interest is compounded 2 times each year?
Jimmy's account balance will be $673.43 after 10 years.