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viva [34]
3 years ago
9

A couple plans to save for their child's college education. What principal must be deposited by the parents when their child is

born in order to have $42,000 when the child reaches the age of 18? Assume the money earns 9% interest, compounded quarterly. (Round your answer to two decimal places.)
Mathematics
1 answer:
Vinvika [58]3 years ago
7 0

Answer:

Yes father i do ugh yamete

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Thank you!!!!!!!!!!!!!!!
OverLord2011 [107]

Answer:

Binomial distribution requires all of the following to be satisfied:

1. size of experiment (N=27) is known.

2. each trial of experiment is Bernoulli trial (i.e. either fail or pass)

3. probability (p=0.14) remains constant through trials.

4. trials are independent, and random.

Binomial distribution can be used as a close approximation, with the  usual assumption that a sample of 27 in thousands of stock is representative of the population., and is given by the probability of x successes (defective).

P(x)=C(N,x)*p^x*(1-p)^(n-x)

where N=27, p=0.14, and C(N,x) is the number of combinations of x items out of N.

So we need the probability of <em>at most one defective</em>, which is

P(0)+P(1)

= C(27,0)*0.14^0*(0.86)^(27) + C(27,1)*0.14^1*(0.86^26)

=1*1*0.0170 + 27*0.14*0.0198

=0.0170+0.0749

=0.0919


4 0
3 years ago
5(n+2)=10 how do I solve this
nordsb [41]
Divide both sides by 5 and then n + 2 =2 so the answer is n=0







hope this help
3 0
4 years ago
I need help with this because I don’t understand
GalinKa [24]

Answer:

x=1+√5 or x=1−√5

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
Write the fraction 17/24 as a percent to the nearest hundredth.
kondaur [170]
First divide 17 by 24
This equals .7083333
To change a decimal to a percent, move the decimal 2 places to the right
Percent= 70.833%
Answer is 70.83%
(The 3 is repeating)
5 0
3 years ago
Read 2 more answers
Suppose that 7% of the general population has a disease and that the test for the disease is accurate 70% of the time. What is t
nika2105 [10]

Answer:

0.049

4.9 % of probability

Step-by-step explanation:

The probability of having the disease is equal to 7%

The probability of testing positive, having the disease is equal to 70%

We are looking for the probability of testing positive.

For that, we need to multiply the probabilities to find the result

P = (0.07)*(0.7)

P = 0.049

P = 4.9%

4 0
3 years ago
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