Chris invested some money at a rate of 5% per year compound interest.
1 answer:
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Answer:
Given the consumer is 18 to 24 years old, there is 37% probability that he uses a plastic card.
Step-by-step explanation:
This can be formulated as the following problem:
What is the probability of B happening, knowing that A has happened.
It can be calculated by the following formula
Where P(B) is the probability of B happening, P(A/B) is the probability of A happening knowing that B happened and P(A) is the probability of A happening.
In this problem, we have:
What is the probability of the consumer using a plastic card, given that the consumer is 18 to 24 years old.
The problem states that the probability that a consumer uses a plastic card when making a purchase is .37, so
P(A/B) is the probability that the consumer being 18 to 24 years old, given that he uses a plastic card. The problem states that this probability is .19. So
P(A) is the probability that the consumer is 18 to 24 years old. There is a .81 probability that the consumer is more than 24 years old. So there is a .19 probability that he is 18 to 24 years old. So
The probability is
Given the consumer is 18 to 24 years old, there is 37% probability that he uses a plastic card.
Answer:
a) t(x) = [ √ (4)² + (x)²]/ 4 + 7/5 - x/5
b) x = 0,97 miles
c) t (min) = 1,24 hours
Step-by-step explanation: See Annex
Figure in annex shows a clear description of the situation
Let x be distance in miles between point P and where boat lands
A woman has to row a distance L
L = √ (4)² + (x)²
and the part to get to the town (which she has to walk)
d = ( 7 - x)
But we are required to give time as a function of x
distance = speed * time ⇒ t = distance / speed
Therefore
t(x) = [ √ (4)² + (x)²]/ 4 + ( 7 - x ) / 5
t(x) = [ √ (4)² + (x)²]/ 4 + 7/5 - x/5
Taking derivatives both sides of the equation
t¨(x) = ( 2x)*4 / 16√ (4)² + (x)²] - 5/25
t¨(x) = x/ 2√ (4)² + (x)²] - 1/5
t¨(x) = 0 x/ 2√ (4)² + (x)²] - 1/5 = 0
[ 5 x - 2√ (4)² + (x)²] = 0 ⇒ 5x = 2√ (4)² + (x)²] or
25 x² = 4 ( 4 + x²)
25 x² = 16 + 8x²
17x² = 16
x² = 16/17
x² = 0,941
x = 0,97 miles
And the distance walking to get to town
d = 7 - x d = 7 - 0,97
d = 6,03 miles
The least travel time is t(x) = [ √ (4)² + (x)²]/ 4 + 7/5 - x/5
t (min) = √ 16 + 0,94) /4 + 1,4 - 0,97/5
t (min) = 1,03 + 1,4 - 0,194
t (min) = 1,24 hours
