Suppose we pick three people at random. For each of the 2.32 The following questions, ignore the special case where someone migh
1 answer:
Answer:
(a) 1 in 365 or 0.2740%
(b) 0.8227%
Step-by-step explanation:
(a) For any given birthday date of the first person, there is a 1 in 365 chance that the second person shares the same birthday, therefore the probability that the first two people share a birthday is:
(b) There are four possibilities that at least two people share a birthday, first and second, first and third, second and third, all three share a birthday. Therefore, the probability that at least two people share a birthday is:
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To solve this we are going to use the future value of annuity due formula: ![FV=(1+ \frac{r}{n} )*P[ \frac{(1+ \frac{r}{n})^{kt}-1 }{ \frac{r}{n} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%2AP%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bkt%7D-1%20%7D%7B%20%5Cfrac%7Br%7D%7Bn%7D%20%7D%20%5D)
where
is the future value
is the periodic deposit
is the interest rate in decimal form
is the number of times the interest is compounded per year
is the number of deposits per year
We know for our problem that
and 
. To convert the interest rate to decimal form, we are going to divide the rate by 100%: 
. Since Ruben makes the deposits every 6 months, 
. The interest is compounded semiannually, so 2 times per year; therefore, .
Lets replace the values in our formula:
![FV=(1+ \frac{0.1}{2} )*420[ \frac{(1+ \frac{0.1}{2})^{(2)(15)}-1 }{ \frac{01}{2} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%20%29%2A420%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%29%5E%7B%282%29%2815%29%7D-1%20%7D%7B%20%5Cfrac%7B01%7D%7B2%7D%20%7D%20%5D)
We can conclude that the correct answer is <span>$29,299.53</span>
where
We know for our problem that
Lets replace the values in our formula:
We can conclude that the correct answer is <span>$29,299.53</span>
Answer:
An identity matrix, is a matrix that have '1' in the main diagonal. All of the other terms are '0'. When you multiply any matrix by the identity matrix, the result is the same matrix that you multiplied.
Example:
In the set of the real number is the same that the application of identity property.
Every number multiplied by 1 es the same number.
Step-by-step explanation: