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Nady [450]
3 years ago
15

Tommy wants to save $1 million for retirement in 50 years. Assume he invests in a

Mathematics
1 answer:
Novosadov [1.4K]3 years ago
5 0

Answer:

Here, the formula would be:

P x (1 + rate)^50 = 1000000

With rate = 4.8% = 0.048, the money he needs to save today would be:

P = 1000000/(1 + 0.048)^50 = 95925.9$

Hope this helps!

:)

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Assume that power surges occur as a Poisson process with rate 3 per hour. These events cause damage to a computer, thus a specia
lidiya [134]

Answer:

a) 0.30327

b) 0.07582

Step-by-step explanation:

This is a Poisson distribution problem

Poisson distribution probability function is given as

P(X = x) = (e^-λ)(λˣ)/x!

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x = variable whose probability is required

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3 0
4 years ago
Show me how to solve 172 times 6
stepan [7]

I would recommend starting by turning 172 into 100+70+2. This makes it much easier to multiply it by 6.

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distributive property

(100×6) + (70×6) + (2×6) =

Simplify

600 +  420 + 12 =

Add it all together

1032

The answer would be 1032.

7 0
3 years ago
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