Answer: Option 'A' is correct.
Step-by-step explanation:
In the binomial probability formula, we have
Here, n = number of events
x = number of trials
p = probability of success
q = probability of failure
x is the number of trials among which we decide the number of successes and number of failures.
So, Option 'A' is correct.
Answer: The answer is C 90
Step-by-step explanation: Rotations is ¼ and the Radians is π/2
Answer:
40
Step-by-step explanation:
Answer:
The correct answer is B. The rate of 7% compounded quarterly is better.
Step-by-step explanation:
In the case of investment at 7% compounded quarterly, the final result after 4 years of investment arises from the following calculation:
X = 7000 x (1 + 0.7 / 3) 4x3
X = 9,232.16
Therefore, after 4 years of investment, the amount in the account would be $ 9,232.16.
In turn, in the case of the investment at 6.85% compounded monthly, the final result after the same investment period arises from the following calculation:
X = 7000 x (1 + 0.685 / 12) 4x12
X = 9,199.33
Thus, in this case, the amount in the account after 4 years of investment would be $ 9,199.33.
