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Answer:
62.29%
Step-by-step explanation:
The probability of Aya being offered a coupon on at least one of the six days she visits the website is 100% minus the probability that she is not offered a coupon on any of the six days, which is described by a binomial probability with zero successes in six trials with a probability of succes p = 0.15.
The probability that Aya will be offered a coupon on at least one of the days she visits the website is 62.29%.
Answer:
time is 6.76 years
Step-by-step explanation:
given data
amount = $150
payment = $100
rate r = 6% = 0.06
to find out
time period t
solution
we know it is compounding continuous
so we will apply here formula that is
amount = payment × ..........1
put here all value we get
amount = payment ×
150 = 100 ×
take ln both side
ln 1.5 =
0.40546 = 0.06t
t = 0.40546 / 0.06
t = 6.76
so time is 6.76 years