Answer:
I believe A. A and B is the correct answer, Have a nice day
Step-by-step explanation:
Given
To obtain the minimum value of y, we first take the derivative of y
The derivative of y is:
Equating
gives the minimum value we require.
Doing that, we have:
So that
Therefore, the minimum value is x = 3
B) 1/7 because no matter how many times you spin the odds are always 1 out of all 7 of the colors
The annual returns will be calculated as follows:
a] Here we use the formula:
A=p(1+r/100)^n
A=future amount
p=principle
r=returns
n=time
We are given:
A=500, p=400, t=1
Plugging the values in the formula we obtain:
500=400(1+r)^1
simplifying and solving for r:
1.25=1+r
thus
r=1.25-1
r=0.25~25%
b] Using the formula above:
A=p(1+r/100)^n
A=2500+100=2600, p=2000, n=1 year
plugging the values in the equation we obtain:
2600=2000(1+r)^1
simplifying and solving for r we obtain:
2600/2000=1+r
1.3=1+r
hence
r=1.3-1
r=0.3~30%
.35 as a fraction is 35/100=7/20 Hope this helps :D
