P(A) = 0.7
P(B) = 0.8
P(A∩B) ⇒ When both event happens
P(A∩B) = 0.7 x 0.8 = 0.56
Answer: 0.56
A and B are equal to 27^-1
Answer:
A) The annual multiplier was 1.0339; the annual increase was 0.0339 of the value.
B) 3.39% per year
C) $182,000
Step-by-step explanation:
A) Let's let t represent years since 1987. Then we can fill in the numbers and solve for r.
165000 = 100000(1 +r)^15
1.65^(1/15) = 1 +r . . . . . divide by 100,000; take the 15th root
1.03394855265 -1 = r ≈ 0.0339
The value was multiplied by about 1.0339 each year.
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B) The value increased by about 3.39% per year.
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C) S = $100,000(1.03394855265)^18 ≈ $182,000
Answer:
C. 
Step-by-step explanation:
