Use the formula for continuously compounded interest, A = Pert, to find the annual interest rate for an $8000 investment that ea
2 answers:
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Answer:
<em>P=0.0000037</em>
<em>P=0.00037%</em>
Step-by-step explanation:
<u>Probability</u>
A standard deck of 52 playing cards has 4 aces.
The probability of getting one of those aces is
Now we got an ace, there are 3 more aces out of 51 cards.
The probability of getting one of those aces is
Now we have 2 aces out of 50 cards.
The probability of getting one of those aces is
Finally, the probability of getting the remaining ace out of the 49 cards is:
The probability of getting the four consecutive aces is the product of the above-calculated probabilities:
P=0.0000037
P=0.00037%