Answer:
The amount that should be in the account after 15 years is $95,321.85
Step-by-step explanation:
According to the given data, we have the following:
monthly amount of $220=R
interest rate is fixed at 2.05%. We require the monthly ineterest rate, hence monthly interest rate= 2.05%/12=0.1708%=0.0017
t=15years×12=180 months
In order to calculate how much should be in the account after 15 years, we would have to use the following formula:
Ap=<u>R(1-(1+i)∧-t)</u>
i
Ap=<u>220(1-(1+0.0017)∧-180)</u>
0.0017
Ap=<u>162,04</u>
0.0017
Ap=$95,321.85
The amount that should be in the account after 15 years is $95,321.85
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Take $190 and multiply it by 0.15 (28.5) and subtract that from $190= $161.50
Answer:
a) The expected number of questions that are answered correctly by both A and B = 11 (7 + 4).
b) The Variance of the number of questions that are answered correctly by either A or B = 2.25.
Step-by-step explanation:
Number of questions in the examination = 10
Probability of A's answer being correct = 0.7
Probability of B's answer being correct = 0.4
The expected number of questions that are answered correctly by both A and B:
Probability of Expected
Correct Answer Value Variance
A 0.7 7 (0.7 * 10) 2.25
B 0.4 4 (0.4 * 10) 2.25
Total expected value = 11
Mean = 5.5 2.25
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Answer: The largest angle formed during his trip is at the mall between his home and the library.
Step-by-step explanation:
Hi, since the situation forms a right triangle (see image attached) the angle formed between his home and the library is 90°.
The sum of the interior angles of a right triangle is 180°, and the right angle (90°)is the largest angle formed.
So, the largest angle formed during his trip is at the mall between his home and the library.
Feel free to ask for more if needed or if you did not understand something.