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Marizza181 [45]
3 years ago
10

Robert deposits $ 3000 in State Bank of India for 3 year which earn him an interest of 8%. How much money does have in TOTAL aft

er 3 years with interest? Show your steps to support your answer.
Mathematics
1 answer:
Eddi Din [679]3 years ago
7 0

Answer:

$3779.14

Step-by-step explanation:

I'm going to assume that the interest is compounding annually

We have the following equation

PV(1+i)ⁿ

Plug in our numbers and we have

3000(1+.08)³

3000(1.259712)=3779.136 which rounds to 3779.14

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An article in Knee Surgery, Sports Traumatology, Arthroscopy, "Arthroscopic meniscal repair with an absorbable screw: results an
igomit [66]

Answer:

Mean = 1.57

Variance=0.31

Step-by-step explanation:

To calculate the mean and the variance of the number of successful surgeries (X), we first have to enumerate the possible outcomes:

1) Both surgeries are successful (X=2).

P(e_1)=0.90*0.67=0.603

2) Left knee unsuccessful and right knee successful (X=1).

P(e_2)=(1-0.9)*0.67=0.1*0.67=0.067

3) Right knee unsuccessful and left knee successful (X=1).

P(e_3)=0.90*(1-0.67)=0.9*0.33=0.297

4) Both surgeries are unsuccessful (X=0).

P(e_4)=(1-0.90)*(1-0.67)=0.1*0.33=0.033

Then, the mean can be calculated as the expected value:

M=\sum p_iX_i=0.603*2+0.067*1+0.297*1+0.033*0\\\\M=1.206+0.067+0.297+0\\\\M=1.57

The variance can be calculated as:

V=\sum p_i(X_i-\bar{X})^2\\\\V=0.603(2-1.57)^2+(0.067+0.297)*(1-1.57)^2+0.033*(0-1.57)^2\\\\V=0.603*0.1849+0.364*0.3249+0.033*2.4649\\\\V=0.1115+0.1183+0.0813\\\\V=0.3111

3 0
3 years ago
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