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sashaice [31]
3 years ago
5

What is the meaning of annuity​

Mathematics
2 answers:
ankoles [38]3 years ago
7 0
An annuity is a type of retirement income product that you buy with some or all of your pension pot. It pays a regular retirement income either for life or for a set period. Annuities – the basics. Higher income for medical conditions or unhealthy lifestyle. Your other retirement income options.
Goryan [66]3 years ago
4 0

Answer:

a fixed sum of money paid to someone each year, typically for the rest of their life.

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Evaluate the expression 5^3 ÷ (13 − 8) × 2. Numerical Answers Expected!
RoseWind [281]

Answer:50

Step-by-step explanation: simplify

4 0
3 years ago
Read 2 more answers
As part of a study done for a large corporation, psychologists asked randomly selected employees to solve a collection of simple
zhenek [66]

Answer:

P(A')=1-0.411=0.589

And that represent the probability that they take longer than 7 minutes to solve the puzzles.

Step-by-step explanation:

The complement rule is a theorem that provides a connection between the probability of an event and the probability of the complement of the event. Lat A the event of interest and A' the complement. The rule is defined by: P(A)+P(A') =1

On this case we have that n= 56 represent the employees selected to solve the puzzles.

We know that 23 out of the 56 selected solved the puzzles in less than 7 minutes.

Let's define the events A and A' like this:

A: Employees solved puzzles in less than 7 minutes

By the complement rule then:

A' : Employees solved puzzles in more than 7 minutes

Based on this we are interested to find the probability for A'

We can begin finding P(A), from the definition of probability we know:

P(A)=\frac{Possible outcomes}{Total outcomes}

For this case if we replace we got:

P(A) =\frac{23}{56}=0.411

And using the complemnt rule we got:

0.411 +P(A')=1

And solving for P(A') we got:

P(A')=1-0.411=0.589

And that represent the probability that they take longer than 7 minutes to solve the puzzles.

4 0
3 years ago
What is the slope of the line that contains these points? xxx -4−4minus, 4 -3−3minus, 3 -2−2minus, 2 -1−1minus, 1 yyy 222 555 88
Charra [1.4K]

Given:

The table of values is

x        y

-4      2

-3      5

-2       8

-1       11

To find:

The slope of the line that contains these points.

Solution:

From the given table consider any two point.

Let the line passes through the points (-4,2) and (-3,5). So, the equation of the line is

y-y_1=\dfrac{y_2-y_1}{x_2-x_1}(x-x_1)

y-2=\dfrac{5-2}{-3-(-4)}(x-(-4))

y-2=\dfrac{3}{-3+4}(x+4)

y-2=\dfrac{3}{1}(x+4)

Using distributive property, we get

y-2=3x+12

y=3x+12+2

y=3x+14

Therefore, the required equation of line is y=3x+14.

4 0
3 years ago
14. Sara is reading a 280 page book. If she has read 174 pages, what percent of the book
alex41 [277]
280-174=106
106/280=.3785=37.85%
4 0
2 years ago
Read 2 more answers
A marketing firm is considering making up to three new hires. Given its specific needs, the management feels that there is a 50%
IRISSAK [1]

Answer:

a) 0.9

b) Mean = 1.58

Standard Deviation = 0.89

Step-by-step explanation:

We are given the following in the question:

A marketing firm is considering making up to three new hires.

Let X be the variable describing the number of hiring in the company.

Thus, x can take values 0,1 ,2 and 3.

P(x\geq 2) = 50\%= 0.5\\P(x = 0) = 10\% = 0.1\\P(x = 3) = 18\% = 0.18

a) P(firm will make at least one hire)

P(x\geq 2) = P(x=2) + P(x=3)\\0.5 = P(x=2) + 0.18\\ P(x=2) = 0.32

Also,

P(x= 0) +P(x= 1) + P(x= 2) + P(x= 3) = 1\\ 0.1 + P(x= 1) + 0.32 + 0.18 = 1\\ P(x= 1) = 1- (0.1+0.32+0.18) = 0.4

\text{P(firm will make at least one hire)}\\= P(x\geq 1)\\=P(x=1) + P(x=2) + P(x=3)\\ = 0.4 + 0.32 + 0.18 = 0.9

b) expected value and the standard deviation of the number of hires.

E(X) = \displaystyle\sum x_iP(x_i)\\=0(0.1) + 1(0.4) + 2(0.32)+3(0.18) = 1.58

E(x^2) = \displaystyle\sum x_i^2P(x_i)\\=0(0.1) + 1(0.4) + 4(0.32) +9(0.18) = 3.3\\V(x) = E(x^2)-[E(x)]^2 = 3.3-(1.58)^2 = 0.80\\\text{Standard Deviation} = \sqrt{V(x)} = \sqrt{0.8036} = 0.89

7 0
3 years ago
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