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If a and b are two integers , then closure property states that the product of the two integers a and b , which is ab , is also an integer.
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Over time, compound interest at any rate will outperform simple interest. When the rates are nearly equal to start with, compound interest will be greater in very short order. Here, it takes less than 1 year for compound interest to give a larger account balance.
In 30 years, the simple interest will be
... I = P·r·t = 12,000·0.07·30 = 25,200
In 30 years, the compound interest will be
... I = P·(e^(rt) -1) = 12,000·(e^(.068·30) -1) ≈ 80,287.31
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6.8% compounded continuously results in more total interest
<span>If Charles leaves the marina and sails his boat 10° west of north for 1.5h at 18km/h, then makes a right turn towards 60° east of north for 1.2h at 20km/h, he is 42 km from his starting point.</span>
Answer:
0.058 is the required probability.
Step-by-step explanation:
We are given the following PMF in the question:
x: 0 1 2
p(x): 0.24 0.15 0.61
Z can take values 0, 1, 2, 3, 4.
We have to compute the value of P(Z=0)
Thus,
