Answer:
P = $300
r = 0.15
n = 12
$544.61 (to the nearest cent)
$524.70 (to the nearest cent)
Step-by-step explanation:
P = principal amount = $300
r = annual interest rate in decimal form = 15% = 15/100 = 0.15
n = number of times interest is compounded per unit t = 12
<u>How much she'll owe in 4 years</u>
P = 300
r = 0.15
n = 12
t = 4
= $544.61 (to the nearest cent)
<u>Yearly compounding interest rate</u>
<u>How much she'll owe in 4 years at yearly compounding interest</u>
= $524.70 (to the nearest cent)
Answer:
wheres the question part i can't give an answer if I don't know whats its asking
Answer:
Um ig... which problem?
Step-by-step explanation:
Wait I’m confused about 5.100 is that money ?
Answer:option B is the correct answer
Step-by-step explanation:
The formula for poisson distribution is expressed as
P(x = r) = (e^- µ × µ^r)/r!
Where
µ represents the mean of the theoretical distribution.
r represents the number of successes of the event.
From the information given,
µ = 2.19
For the probability of no accidents on this section of highway during one day period, r = 0
Therefore,
P(x = 0) = (e^- 2.19 × 2.19^0)/0!
P(x = 0) = (e^- 2.19 × 1)/1
P(x = 0) = 0.112
