Answer: 0.6
Step-by-step explanation:
The probability formula to find p(B/A) is :
P(B/A) = p(A n B) / p(B)
Which means that A is contain in B and p(A n B) is p(A)
p(A n B)= p(A)=0.6 × 0.05 = 0.03
p(B)=0.05
Therefore
P(B/A) = p(A n B) / p(B)=p(A) / p(B)
P(B/A)=0.03 / 0.05
P(B/A)=0.6
The second expression is 8 times the first so the answer is 3 * 8 = 24.
Answer:
FV= $2,041.29
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $1,500
Number of periods (n)= 7 years
Interest rate (i)= 4.5% = 0.045
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 1,500*(1.045^7)
FV= $2,041.29
2^3 is equivalent because if you count the number of twos there are in the parentheses its 3.
Answer:
Correct, as 4 is the only number repeating twice
