Explain how to solve the question over compound dependent events and explain how I got the answer.

1 answer:

6 0

Joe has a 1/2 probability of pulling a blue marble and 1/10 probability of pulling a red marble. 5/10+1/10= 6/10
6/10=3/5 there’s a 3/5 probability of pulling a blue than red marble
(i’m not sure if i completely understood i’m am very sorry if it’s wrong.)

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Compound interest <br> Plz help!!!

liraira [26]

Answer:

a) $A(t) = 17500(1.0053)^{12t}$

b) The balance after 8 years will be of $29,069.

Step-by-step explanation:

Compound interest:

The compound interest formula is given by:

$A(t) = P(1 + \frac{r}{n})^{nt}$

Where A(t) is the amount of money after t years, 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 year and t is the time in years for which the money is invested or borrowed.

Loan of $17,500 means that $P = 17500$