General exponential equation
y = A(1+r)^x
where
A = initial value
r = rate increase (+) or decrease (-)
x = time period of the change
y = projected value
y = 300(1.05)^x
in this problem, x = years after 2017
we want to find an x that makes the value more than or equal to 650
650 <= 300(1.05)^x
Answer:
26
Step-by-step explanation:
Distance between (-2,5) and (-2,1) is 5
Distance between (-2,5) and (6,5) is 8
Distance between (6,5) and (6,1) is 5
Distance between (6,1) and (-2,1) is 8
5+8+5+8=26
If 60% purchase a stereo and 50% purchases tinted windows, then the percentage of people who purchased both have been counted twice. So we have to subtract 35% (the % that purchased both) from the sum of the first two percentages:
60% + 50% - 35% = 75%
Therefore, the probability that a customer picked up any one or both options (which is at least 1) is 75%.