Question
Interest rate is a random variable. x = 8% and = 2%. Amount of investments are given by I=100,000,000-5,000,000r. r is interest in %, I
Interest rate is a random variable. x = 8% and = 2%. Amount of investments are given by I=100,000,000-5,000,000r. r is interest in %, I is the amount invested.
Find probability investment level is greater than 70,000,000
- 0.3413
- 0.2099
- 0.1772
- 0.1587
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Calculus Single Variable
Authors: Deborah Hughes Hallett, Andrew M Gleason, William G McCallum
8th Edition
1119783836, 9781119783831
