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rodikova [14]
2 years ago
12

Rajeev has \$175$175dollar sign, 175 that he earned from his summer job. He puts the money in an account that yields 4\%4%4, per

cent interest compounded annually. Assume that Rajeev does not make any other deposits or withdrawals from his account. After how many years from the time he deposited the money will Rajeev have at least \$200$200dollar sign, 200 in his account?
Mathematics
1 answer:
Reptile [31]2 years ago
8 0

It will take 4 yrs for Rajeev to reach 200$

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Answer:

a) 0.88

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Step-by-step explanation:

a) The probability of a peanut being brown is 12/100 = 0.12. Hence the probability of it not being brown is 1-0.12 = 0.88

b) 12% of peanuts are brown, 23% are blue. So 35% are either blue or brown. The probability of a peanut being blue or brown is, therefore 35/100 = 0.35.

c) 12% of peanuts are red, so the probability of a peanut being red is 12/100 = 0.12. In order to calculate the probability of 2 peanuts being both red, we can assume that the proportion doesnt change dramatically after removing one peanut (because the number of peanuts is absurdly high. We can assume that we are replenishing the peanuts). To calculate the probability of 2 peanuts being both red, we need to power 0.12 by 2, hence the probability is 0.12² = 0.0144.

d) Again, we will assume that the probability doesnt change, because we replenish. The probability of a peanut being blue is 0.23. The probability of it not being blue is 0.77, so the probability of 6 peanuts not being blue is obtained from powering 0.77 by 6, hence it is 0.77⁶ = 0.2084

e) The event 'at least one peanut is blue' is te complementary event of 'none peanuts are blue', so the probability of this event is 1- 0.2084 = 0.7916

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