Which expression represents a number that is four times as large as the sum of
1 answer:
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wheee
Compute each option
option A: simple interest
simple interest is easy
A=I+P
A=Final amount
I=interest
P=principal (amount initially put in)
and I=PRT
P=principal
R=rate in decimal
T=time in years
so given
P=15000
R=3.2% or 0.032 in deecimal form
T=10
A=I+P
A=PRT+P
A=(15000)(0.032)(10)+15000
A=4800+15000
A=19800
Simple interst pays $19,800 in 10 years
Option B: compound interest
for interest compounded yearly, the formula is
where A=final amount
P=principal
r=rate in decimal form
t=time in years
given
P=15000
r=4.1% or 0.041
t=10
use your calculator
A=22418.0872024
so after 10 years, she will have $22,418.09 in the compounded interest account
in 10 years, the investment in the simple interest account will be worth $19,800 and the investment in the compounded interest account will be worth$22,418.09
Answer:
a) P(x=3)=0.089
b) P(x≥3)=0.938
c) 1.5 arrivals
Step-by-step explanation:
Let t be the time (in hours), then random variable X is the number of people arriving for treatment at an emergency room.
The variable X is modeled by a Poisson process with a rate parameter of λ=6.
The probability of exactly k arrivals in a particular hour can be written as:
a) The probability that exactly 3 arrivals occur during a particular hour is:
b) The probability that <em>at least</em> 3 people arrive during a particular hour is:
c) In this case, t=0.25, so we recalculate the parameter as:
The expected value for a Poisson distribution is equal to its parameter λ, so in this case we expect 1.5 arrivals in a period of 15 minutes.