You invest $700 in a savings account that increases by 2% each year. How much will it be worth in 10 years?
1 answer:
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Answer:
<h2>AC = 36.01</h2>Step-by-step explanation:
Given ΔABC and ΔADB, since both triangles are right angled triangles then the following are true.
From ΔADB, AB² = AD²+BD²
Given AB = 24 and AD = 16
BD² = AB² - AD²
BD² = 24²-16²
BD² = 576-256
BD² = 320
BD =
BD = 17.9
from ΔABC, AC² = AB²+BC²
SInce AC = AD+DC and BC² = BD² + DC² (from ΔBDC )we will have;
(AD+DC)² = AB²+ (BD² + DC²)
Given AD = 16, AB = 24 and BD = 17.9, on substituting
(16+DC)² = 24²+17.9²+ DC²
256+32DC+DC² = 24²+17.9²+ DC²
256+32DC = 24²+17.9²
32DC = 24²+17.9² - 256
32DC = 640.41
DC =
DC = 20.01
Remember that AC = AD+DC
AC = 16+20.01
AC = 36.01
Answer:
The expected value of the proposition is -$0.76.
Step-by-step explanation:
It is provided that a basketball player has made 291 out of 389 free throws.
Then rate of him making a free throw is,
The probability that he makes the next 2 free throws is:
The payout rules are:
- If the player makes the next 2 free throws, I will pay you $38.
- Otherwise you pay me $50.
Compute the expected value of the proposition as follows:
Expected value = $38 × P (Makes both) + (-$50) × P (Misses both)
Thus, the expected value of the proposition is -$0.76.
