Step-by-step explanation:
Geometric series.
Month 3.
100(1+\frac{0.02}{12})^2 + 100(1+\frac{0.02}{12})+100
Month 4.
100( 1 + \frac{0.02}{12})^3 + 100( 1 + \frac{0.02}{12})^2+100(1+\frac{0.02}{12})+100
Month 5.
100(1 + \frac{0.02}{12})^4 + 100(1 + \frac{0.02}{12})^3 + 100(1 + \frac{0.02}{12})^2 +100( 1 + \frac{0.02}{12}) + 100
Answer:
probability that Shaun loses both games
Step-by-step explanation:
Games are independent, so we find each separate probability, and multiply them.
In a chess club the probability that Shaun will beat Mike is 3/8.
So probability that Shaun loses.
The probability that Shaun will beat Tim is 5/7 .
So probability that Shaun loses.
What is the probability that Shaun loses both games?
This is:
probability that Shaun loses both games