Mathematics, 17.02.2021 20:00, rehooreh14
A new bank customer with $4,000 wants to open a money market account. The bank is offering a simple interest rate of 1.4%.
a. How much interest will the customer earn in 30 years?
b. What will the account balance be after 30 years?
Answers: 2
Mathematics, 21.06.2019 18:10, russbeast6584
What is the value of x in the following equation. -x ^3/2 = -27
Answers: 1
Mathematics, 21.06.2019 22:30, thelonewolf5020
Amachine that produces a special type of transistor (a component of computers) has a 2% defective rate. the production is considered a random process where each transistor is independent of the others. (a) what is the probability that the 10th transistor produced is the first with a defect? (b) what is the probability that the machine produces no defective transistors in a batch of 100? (c) on average, how many transistors would you expect to be produced before the first with a defect? what is the standard deviation? (d) another machine that also produces transistors has a 5% defective rate where each transistor is produced independent of the others. on average how many transistors would you expect to be produced with this machine before the first with a defect? what is the standard deviation? (e) based on your answers to parts (c) and (d), how does increasing the probability of an event a↵ect the mean and standard deviation of the wait time until success?
Answers: 3
A new bank customer with $4,000 wants to open a money market account. The bank is offering a simple...
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