A bicycle manufacturing company makes a particular type of bike. Each child bike requires 4 hours to build and 4 hours to test.
Answer:
The rate at which the investment gets double is 7.776
Step-by-step explanation:
Given as :
The principal investment = $ 5051
The time period of investment = 9 years
Let The rate of interest = R % compounded quarterly
The Amount gets double
So, <u>From Compounded method</u>
Amount = Principal ×
Or, 2 × P = P × ( 1 + 
Or, 2 = ( 1 +
Or,
= 1 + 
or, 1.01944 - 1 = 
or, 0.01944 = 
∴ R = 0.01944 × 400 = 7.776
Hence The rate at which the investment gets double is 7.776 Answer
.6 is greater than .5 just like how 6 is greater than 5. If it's negative though, its the opposite!
Answer:
0.81
Step-by-step explanation:
P(success) = 0.9
P(failure) = 1 - 0.9 = 0.1
Binomial probability:
P(X=n) = nCr (0.9)^n (0.1)^r
Here, n=2 and r=0:
P(X=2) = ₂C₀ (0.9)² (0.1)⁰
P(X=2) = 0.81