Plug h = 3 and g = 27 into the expression:
Please help me I’ll mark you brainlyest.
1 answer:
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Answer:
(B) No. A binomial probability model applies to only two outcomes per trial.
Step-by-step explanation:
The binomial probability is the probability of having sucesses on
repeated trials of an experiment that can only have two outcomes. This is why it is called the binomial probability.
Since in our problem there are three possible outcomes, the binomial probability cannot be used.
The correct answer is (B)
(B) No. A binomial probability model applies to only two outcomes per trial.
Current Account Balance = $1,624.35
Initial Deposit = $975
Interest Rate (Simple) = 3.7% simple interest
Interest Earned = Current Account Balance - Initial Deposit
⇒ Interest Earned = $1,624.35 - $975
⇒ Interest Earned = $649.35
Now the Formula for Simple Interest is:
Simple Interest = ×, where P is the initial deposit, R is the rate of interest and T is the time period
⇒ 649.35 =
⇒ T =
⇒ T = 18
Hence, Jeremiah has had the account for 18 years.