I think it’s 12.67 I’m not so sure
Answer:

Step-by-step explanation:
<u>The full question:</u>
<em>"A committee has eleven members. there are 3 members that currently serve as the boards chairman, ranking members, and treasurer. each member is equally likely to serve in any of the positions. Three members are randomly selected and assigned to be the new chairman, ranking member, and treasurer. What is the probability of randomly selecting the three members who currently hold the positions of chairman, ranking member, and treasurer and reassigning them to their current positions?"</em>
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The permutation of choosing 3 members from a group of 11 would be:
P(n,r) = 
Where n would be the total [in this case n is 11] & r would be 3
Which is:
P(11,3) = 
So there are total of 990 possible way and there is ONLY ONE WAY for them to be reassigned. Hence the probability would be:
1/990
Answer:
Part a. t = 7.29 years.
Part b. t = 27.73 years.
Part c. p = $3894.00
Step-by-step explanation:
The formula for continuous compounding is: A = p*e^(rt); where A is the amount after compounding, p is the principle, e is the mathematical constant (2.718281), r is the rate of interest, and t is the time in years.
Part a. It is given that p = $2000, r = 2.5%, and A = $2400. In this part, t is unknown. Therefore: 2400 = 2000*e^(2.5t). This implies 1.2 = e^(0.025t). Taking natural logarithm on both sides yields ln(1.2) = ln(e^(0.025t)). A logarithmic property is that the power of the logarithmic expression can be shifted on the left side of the whole expression, thus multiplying it with the expression. Therefore, ln(1.2) = 0.025t*ln(e). Since ln(e) = 1, and making t the subject gives t = ln(1.2)/0.025. This means that t = 7.29 years (rounded to the nearest 2 decimal places)!!!
Part b. It is given that p = $2000, r = 2.5%, and A = $4000. In this part, t is unknown. Therefore: 4000 = 2000*e^(2.5t). This implies 2 = e^(0.025t). Taking natural logarithm on both sides yields ln(2) = ln(e^(0.025t)). A logarithmic property is that the power of the logarithmic expression can be shifted on the left side of the whole expression, thus multiplying it with the expression. Therefore, ln(2) = 0.025t*ln(e). Since ln(e) = 1, and making t the subject gives t = ln(2)/0.025. This means that t = 27.73 years (rounded to the nearest 2 decimal places)!!!
Part c. It is given that A = $5000, r = 2.5%, and t = 10 years. In this part, p is unknown. Therefore 5000 = p*e^(0.025*10). This implies 5000 = p*e^(0.25). Making p the subject gives p = 5000/e^0.25. This means that p = $3894.00(rounded to the nearest 2 decimal places)!!!
Answer:
Yes
Step-by-step explanation:
200% is basically 2/1, and 2/1 = 2. 2 is a whole number.