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LukeJV8757
19.05.2020 •
Mathematics
In the morning, Troy and Abed find themselves making calculations to expand their dorm-wide pillow fort. Troy counted how many blankets each resident contributed, while Abed did the same for pillows. They arranged their tally into the following probability distribution. Pillows 1 2 3 4 1 0.13 0.04 0.11 0.13 Blankets 2 0.07 0.07 0.10 0.00 3 0.14 0.02 0.11 0.08 (a) What is the probability that a resident contributed more pillows than blankets? (b) Compute the expected number of contributions (i.e. pillows plus blankets). (c) What is the probability that a resident contributed exactly one blanket or exactly one pillow? (d) Compute the expected number of pillow contributions given that that resid
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Ответ:
Flat 12,885.68
Compound 13,876.90
Step-by-step explanation:
Flat rate (6% of only the amount you invested originally per year (based on investment) -
(8706.54*.06)*8+8706.54=12885.68 (rounded)
Compound interest (6% interest on total money earned per year(based on amount invested previous year).)
8706.54*1.06)*1.06)*1.06)*1.06)*1.06)*1.06)*1.06)*1.06)=13,876.90