Principal amount is $1510, so P = 1,510 dollars.
Compounding period is daily, so N = 365.
Interest rate is 12%, so r = 0.12
Time of investment is 3 years, so t = 3 years.
We can use compound interest formula as given below :-
Amount =
Hence, total amount in account would be 2,164.20 dollars.
In the second version, you are given five attempts, but the target is smaller, and you estimate that your probability of
success on any given throw is 0.05. The prizes for the two versions of the game are the same, and you are willing to
assume that the outcomes of your throws are independent. Which version of the game should you choose? (Hint: In
the first version of the game, the probability that you do not get the prize is the probability that you fail on all three
attempts.)
Answer:
And the probability of loss with the first wersion is 0.729
And the probability of loss with the first wersion is 0.774
As we can see the best alternative is the first version since the probability of loss is lower than the probability of loss on version 2.
Step-by-step explanation:
Previous concepts
The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".
Solution to the problem
Alternative 1
Let X the random variable of interest, on this case we now that:
The probability mass function for the Binomial distribution is given as:
Where (nCx) means combinatory and it's given by this formula:
We can find the probability of loss like this P(X=0) and if we find this probability we got this:
And the probability of loss with the first wersion is 0.729
Alternative 2
Let Y the random variable of interest, on this case we now that:
The probability mass function for the Binomial distribution is given as:
Where (nCx) means combinatory and it's given by this formula:
We can find the probability of loss like this P(Y=0) and if we find this probability we got this:
And the probability of loss with the first wersion is 0.774
As we can see the best alternative is the first version since the probability of loss is lower than the probability of loss on version 2.
irate
relevant
keen
strategic
Answer:
Relevant
Step-by-step explanation:
Given is a text to be read. We have to select the appropriate word to fill in the blanks.
The journalist spent a year researching the foreign government's sanctions. Finally, it was time to synthesize all of the _______________ information that he had learned
Here out of four options given namely
irate, relevant, keen and strategic we find that relevant is more appropriate
So answer is relevant
Irate meaning enraged cannot suit here.
Keen is for observation and here for reading information relevant is better
Strategic is innovative ways but here not applies.
So only answer is relevant.
A) -2
B) -1
C) 0
D) 2