Question 1) You can get milk at the grocery. You have decide between two options. The first option is A: 2 liters of milk for $4
1 answer:
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The formula required is:
where A is the amount after t years of the principal P invested at an annual interest rate r (expressed as a decimal fraction) compounded n times per year.
Plugging in the given values, we get:
The final amount is $22,096.17
where A is the amount after t years of the principal P invested at an annual interest rate r (expressed as a decimal fraction) compounded n times per year.
Plugging in the given values, we get:
The final amount is $22,096.17
Given:
The faces on a number cube are labeled 1,2,2,3,4, and 5.
The number cube is rolled 114 times.
To find:
How many times would you expect the number 2 to appear?
Solution:
We have,
Total outcomes = 1,2,2,3,4, and 5.
Number of total outcomes = 6
Favorable outcomes = 2 and 2
Number of favorable outcomes = 2
The probability of getting 2 is:
Now, the expected number of times when 2 to appear is:
Therefore, the expected number of times is 38.
The first four equations are correct. The remaining 4 equations are incorrect. See the attached screenshot for a detailed breakdown of why the last four equations are incorrect.
