Since this is a problem in exponential growth/decay, y = ab^x is the formula that will be used to solve this problem.
The initial value, "a", is the value you start out with and in this case, it is $2000.
The growth/decay factor is what "b" represents, and it is 4%. We need to change the percentage into a decimal, so we will take the percent symbol, change it into a decimal, and move it two places to the left. This is make it 0.04. The problem also mentions interest, implying an exponential growth. Therefore, you will add 0.04 by 1: 1+0.04 = 1.04.
The "x" represents an amount of time. It is 5 years. The equation should be written like this:
y = 2000(1.04)^5
y = 2433.30. When rounded to the nearest dollar, it is $2433.
We need to write system of equations for this problem. Reading text we write 1 equation by 1.
first lets name our variables
x - Kiana cards
y - Gary cards
z - Monty cards
m - Willa cards
x = y-3 which we can write as y = x+3
z = x + 7
m = 2z
x + y + z + m = 74
I think easiest way to solve this is to express all variables in last equation and solve for x.
x + x+3 + x + 7+ 2x + 14= 74
5x = 50
x = 10
now we just calculate cards given to each friend
y = 13
z = 17
m = 34
Answer:
5
Step-by-step explanation:
6x+12 = 9x-3
3x = 15
x= 5
Answer:
a. 0.6899
b. 0.1642
Step-by-step explanation:
a. Given the probability of success is 0.94 for an expert and that the number of pairs, n=6:
-Each attempt is independent and therefore the probability of the events is calculated as:
Hence, the probability of correctly identifying the 6 matches is 0.6899
b.Given the probability of success is 0.74 for a novice and that the number of pairs, n=6:
-Each attempt is independent and therefore the probability of the events is calculated as:
#Hence, the probability of correctly identifying the 6 matches is 0.1642
*I have used the sample size of 6(due to conflicting info/question size).
