Answer:
FV= $4,725.74
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $2,000
Number of periods (n)= 15 years
Interest rate (i)= 5.9% = 0.059
<u>To calculate the Future Value, we need to use the following formula:</u>
<u></u>
FV= PV*(1 + i)^n
FV= 2,000*(1.059^15)
FV= $4,725.74
We can use the binomial theorem to find the probability that 0 out of the 15 samples will be defective, given that 20% are defective.
P(0/15) = (15C0) (0.2)^0 (1 - 0.2)^15 = (1)(1)(0.8)^15 = 0.0352
Then the probability that at least 1 is defective is equal to 1 - 0.0352 = 0.9648. This means there is a 96.48% chance that at least 1 of the 15 samples will be found defective. This is probably sufficient, though it depends on her significance level. If the usual 95% is used, then this is enough.
The ratio is rational and by multiplying or dividing the numbers included in the ratio by the same number, it's just like taking a fraction and taking it out of simplest form, it doesn't change the value of the ratio or the fraction in simplest form, it just changes the numbers
Answer:
D.
Step-by-step explanation:
