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Dmitrij [34]
3 years ago
8

A friend lends you $360 which you agree to repay with 3% interest. How much will you have to repay?

Mathematics
1 answer:
Kazeer [188]3 years ago
4 0

Answer:

I think u would have to repay 120....

Step-by-step explanation:

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P(X>4)= 0.624

Step-by-step explanation:

Given that

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It means that we have to find probability P(X>4).

P(X>4)= 1 -P(X=0)-P(X=1)-P(X=2)-P(X=3)-P(X=4)

We know that

P(X=x)=(_{x}^{n})\ p^xq^{n-x}

P(X=0)=(_{0}^{10})\ 0.5^0\ 0.5^{10}=0.0009

P(X=1)=(_{1}^{10})\ 0.5^1\ 0.5^{9}=0.0097

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P(X=4)=(_{4}^{10})\ 0.5^3\ 0.5^{7}=0.205

P(X>4)= 1 -P(X=0)-P(X=1)-P(X=2)-P(X=3)-P(X=4)

P(X>4)= 1 -0.0009 - 0.0097 - 0.043 - 0.117-0.205

P(X>4)= 0.624

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