Entries by Hannah Wangui

Calculate the present value

Question Calculate the present value. (Round your answer to two decimal places). A = $15,00, r = 6% compound monthly, t = 4 years   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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An urn contains 6 black

Question An urn contains 6 black and 5  green balls. Four balls are randomly drawn from the urn in succession, with replacement. That is, after each draw, the selected ball is returned to the urn. What is the probability that all 4  balls drawn from the urn are green? Round your answer to three decimal places.   Looking for a Similar […]

 

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An urn contains 5 white

Question An urn contains 5 white and 9  green balls. Four balls are randomly drawn from the urn in succession, with replacement. That is, after each draw, the selected ball is returned to the urn. What is the probability that all 4  balls drawn from the urn are white? Round your answer to three decimal places.   Looking for a Similar […]

 

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What is the probability that two sedans will be selected?

Question An automobile manufacturing plant produced 31 style=”color:rgb(0,0,0);”> vehicles today: 11 were sedans, 9 were vans, and 11 were trucks. Plant managers are going to choose two of these vehicles for thorough inspection. The first vehicle will be chosen at random, and then the second vehicle will be chosen at random from the remaining vehicles. What is the probability that two sedans will […]

 

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