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marta [7]
3 years ago
9

Avery deposited $1,250 in a new savings account. Determine which amount is closest to the balance of the account at the end of 3

years at 5.5% interest compounded annually if she did not make any further deposit or withdrawal.
Mathematics
1 answer:
makkiz [27]3 years ago
8 0

Answer:

$1456.25

Step-by-step explanation:

Given data

P= $1,250

t= 3 years

r=5.5%

The compound interest expression is given as

A= P(1+r)^t

substitute

A=  1250(1+0.055*3)

A=  1250(1+ 0.165)

A= 1250(1.165)

A= 1456.25

Hence the amount after 3 years is $1456.25

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243

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6 0
3 years ago
The number of surface flaws in plastic panels used in the interior of automobiles has a Poisson distribution with a mean of 0.05
Tresset [83]

Answer:

(a) Probability that there are no surface flaws in an auto's interior is 0.6065 .

(b) If 10 cars are sold to a rental company, what is the probability that none of the 10 cars has any surface flaws is 0.00673 .

Step-by-step explanation:

We are given that the number of surface flaws in plastic panels used in the interior of automobiles has a Poisson distribution with a mean of 0.05 flaws per square foot of plastic panel.

Let X = Distribution of number of surface flaws in plastic panels

So, X ~ Poisson(\lambda)

The mean of Poisson distribution is given by, E(X) = \lambda = 0.05

which means, X ~ Poisson(0.05)

The probability distribution function of a Poisson random variable is:

P(X=x)=\frac{e^{-\lambda}\lambda^{x}}{x!}; for  x=0,1,2,3...

Now, we know that \lambda for per square foot of plastic panel is 0.05 and we are given that an automobile interior contains 10 square feet of plastic panel.

Therefore,  for 10 square foot of plastic panel is = 10 * 0.05 = 0.5

(a) Probability that there are no surface flaws in an auto's interior =P(X=0)

    P(X = 0) = \frac{e^{-0.5}*0.5^{0}}{0!} = e^{-0.5} = 0.6065

(b) If 10 cars are sold to a rental company, what is the probability that none of the 10 cars has any surface flaws = P(X = 0)^{10}

    So, P(X = 0)^{10} = 0.6065^{10} = 0.00673

8 0
3 years ago
If tan Θ = 1 2 then what is sin Θ?
diamong [38]
Tanx=85

Sin85=0.100

I hope my answer will be helpful to you
7 0
4 years ago
Read 2 more answers
The graph of y=-3x+ 2 is:
Mariulka [41]
Your equation is already in one of the standard form. Specifically, the slope intercept form.

y=mx + b.

m is the slope, b is the intercept.

Start with the intercept y= 2, the point (0,2).

A slope of 3 would give you (1,5) as a second point for your line.

Get a ruler and draw a line through the two points.
6 0
2 years ago
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