The answer is 17040.34
Check the annuity due formula
They are not absolutely truths because they are not found to be truth of false they are things that are only a thing carried over they years and not know if they are the truth or if they are false
Answer:
- S(t) = 149999(1.06)^t
- $225543
Step-by-step explanation:
- Initial value is $149999
- Increase rate is 6% per year = 1.06 times
<u>The model of the growth is:</u>
- S(t) = 149999(1.06)^t, where S- amount of annual sales, t- time in years, 1.06- growth rate per year
<u>Annual sales after 7 years:</u>
- S(7) = 149999(1.06)^7 = $225543
Answer:
03%
Step-by-step explanation:
In this situation Mickey should have drew first 7 cards that are not diamond and then on the 8th attempt she should draw an ace.
Let A be the event of drawing 7 cards which are not diamond and B the event of drawing an ace card. therefore required probability is P(A∩B)=P(A)*P(B)
Now, there are 13 diamonds and 39 other cards. Hence,
P(A)=(
)⁷=0.1335
After drawing 7 non-diamond cards, the 8th card must be a diamond.Hence,
P(B)=
=0.25
Hence, P(A∩B)=P(A)*P(B)=0.1335*0.25=0.033(approximately 0.03,i.e. 3%)
Therefore probability that Mickey will draw her first diamond on the 8th
attempt is 3%
The answer is B and I am happy to help you out