Find the total amount $17,600 at 16% compounded quarterly for 2 years

Mathematics

1 answer:

Anna35 [415]2 years ago

4 0

Answer:

57,700.10

Step-by-step explanation:

To solve, we use the equation $17,600(1.16)^8$

we set it to the power of 8, since it is compounding quarterly this means it compounds 4 times a year, and since there is 2 years, we get 8 compounds.

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Is 10/18 and 45/18 proportional

ValentinkaMS [17]

Answer:

Step-by-step explanation:

10/18 does not equal 45/18

An example of a proportional number is:

4/5 and 8/10

Both numbers are multiplied by 2 making them proportional

10/18 and 45/18 are not proportional

Hope this helped :)

6 0

3 years ago

Based on a survey, assume that 43% of consumers are comfortable having drones deliver their purchases. Suppose we want to find

svlad2 [7]

Answer:

The probability of getting two consumers comfortable with drones is 0.3424.

Step-by-step explanation:

The probability that a consumer is comfortable having drones deliver their purchases is, p = 0.43.

A random sample of n = 5 consumers are selected, and exactly x = 2 of them are comfortable with the drones.

To compute the probability of getting two consumers comfortable with drones followed by three consumers not comfortable, we will use the Binomial distribution instead of the multiplication rule to find the probability.

This is because in this case we need to compute the number of possible combinations of two consumers who are comfortable with drones.

So, X = number of consumers comfortable with drones, follows a Binomial distribution with parameters n = 5 and p = 0.43.

Compute the probability of getting two consumers comfortable with drones as follows:

$P(X=x)={5\choose x}\ 0.43^{x}\ (1-0.43)^{5-x};\ x=0,1,2,3...$