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kenny6666 [7]
3 years ago
9

Peyton received a graduation gift from his grandparents of $12,700. He

Mathematics
1 answer:
arlik [135]3 years ago
7 0

Answer:

Peyton's account will have $13,842.18 after a year.

Step-by-step explanation:

Given that Peyton received $ 12,700 and decided to invest it for a year in an account that grants an interest of 8.8% per year, compounded semiannually, to determine the amount of money that will be in said account after the passage of one year, it is necessary to perform the following calculation:

X = 12,700 (1 + 0.088 / 2) ^ 1x2

X = 13,842.18

Therefore, after a year has passed, Peyton's account will be $ 13,842.18.

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4x + 1 = 3 Would you describe this equation as always true, never true or Sometimes true?
rjkz [21]

Answer:

Sometimes true

Step-by-step explanation:

There is only one x value that satisfies the equation.

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3 years ago
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the name Joe is very common at a school in one out of every ten students go by the name. If there are 15 students in one class,
kumpel [21]

Using the binomial distribution, it is found that there is a 0.7941 = 79.41% probability that at least one of them is named Joe.

For each student, there are only two possible outcomes, either they are named Joe, or they are not. The probability of a student being named Joe is independent of any other student, hence, the <em>binomial distribution</em> is used to solve this question.

<h3>Binomial probability distribution </h3>

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

C_{n,x} = \frac{n!}{x!(n-x)!}

The parameters are:

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  • n is the number of trials.
  • p is the probability of a success on a single trial.

In this problem:

  • One in ten students are named Joe, hence p = \frac{1}{10} = 0.1.
  • There are 15 students in the class, hence n = 15.

The probability that at least one of them is named Joe is:

P(X \geq 1) = 1 - P(X = 0)

In which:

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 0) = C_{15,0}.(0.1)^{0}.(0.9)^{15} = 0.2059

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P(X \geq 1) = 1 - P(X = 0) = 1 - 0.2059 = 0.7941

0.7941 = 79.41% probability that at least one of them is named Joe.

To learn more about the binomial distribution, you can take a look at brainly.com/question/24863377

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Step-by-step explanation:

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Product means multiplication, so I would multiply 379 and 8.
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