Answer:
It will take an interest rate of 8.1% to get 150% of the initial investment in just 5 years.
Step-by-step explanation:
Use the formula for continuous compounding
where r stands for the (annual) interest rate, t for time in years, P for the initial principal (investment) and X is the amount after t years.
(this formula can be beautifully derived from just basic considerations, btw)
We are given t=5, and percent increase on the initial P, so we can solve for r
It will take an interest rate of 8.1% to get 150% of the initial investment in just 5 years.
Answer: H
Step-by-step explanation:
the answer is m=17
https://photomath.net/s/argDe9 shows how to get there
Y-intercept: (0, -6)
x-intercept: (-8, 0)
Answer: You have a better chance if you do not replace the red marble.
Step-by-step explanation:
The bag has:
5 red marbles
8 blue marbles
4 yellow marbles
3 green marbles
A total of 5 + 8 + 4 + 3 = 20
You want to draw a red marble and then a blue marble.
The probability of drawing a red marble in your first attempt is the number of red marbles divided the total number of marbles:
P1 = 5/20
now you want to draw a blue marble.
If you replace the red marble, you have 20 marbles again in the bag, then the probability of drawing a blue marble is:
P2 = 8/20
The joint probability is P = P1*P2 = (5/20)*(8/20) = 0.1
If you do not replace the red marble, you have 19 total marbles in the bag, then the probability of taking a blue marble is:
P2 = 8/19
The joint probability is:
P = P1*P2 = (5/20)*(8/19) = 0.105
The probability is slightly bigger if you do not replace the red marble.
