The table shows the results of randomly selecting colored marbles from a bag 40 times. The marble was returned to the bag after
each selection. Based on the results, what is the expected probability of randomly selecting a green marble from the bag in one attempt?
A: 0.125
B:0.20
C: 0.80
D:1.0
A: 0.125
B:0.20
C: 0.80
D:1.0
1 answer:
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The general Formula for a decreasing Annuity is:
For this example we have:
P = 78,000
n = 7*4 = 28
i = 8%/4 = 2% = 0.02
After substituting you can find value for R, rent.
For this example we have:
P = 78,000
n = 7*4 = 28
i = 8%/4 = 2% = 0.02
After substituting you can find value for R, rent.