A principal P is to be invested at continuous compound interest of 1.9% to yield $50,000 in 20 years. What is the approximate va
1 answer:
You might be interested in
Answer:
hope this will help you
Step-by-step explanation:
.........
<u>Answer:</u>
<u>For a:</u> The probability of getting a red or blue ball is 0.48
<u>For b:</u> The probability of getting a white, blue or orange ball is 0.81
<u>For c:</u> The probability of getting neither white or orange ball is 0.48
<u>Step-by-step explanation:</u>
Probability is defined as the extent to which an event is likely to occurs. It is measured by the ratio of the favorable outcomes to the total number of possible outcomes.
.......(1)
We are given:
Number of red balls in a box = 12
Number of white balls in a box = 18
Number of blue balls in a box = 19
Number of orange balls in a box = 15
Total balls in a box = [12 + 18 + 19 + 15] = 64
- <u>For a:</u>
Number of favorable outcomes (ball must be red or blue) = [12 + 19] = 31
Total number of outcomes = 64
Putting values in equation 1, we get:
- <u>For b:</u>
Number of favorable outcomes (ball must be white or blue or orange) = [18 + 19 + 15] = 52
Total number of outcomes = 64
Putting values in equation 1, we get:
- <u>For c:</u>
Number of favorable outcomes (ball must be white or orange) = [18 + 15] = 33
Total number of outcomes = 64
Putting values in equation 1, we get:
Probability of getting a ball which is neither white or orange = [1 - (Probability of getting a white or orange ball)] = [1 - 0.52] = 0.48