1. One thousand new OCRS are put in service. They have a constant failure rate of 0.05 per year. (a) How many units of the original 1000 will still be in service after 5 years? (b) How many of the original will fail in Year 5?
1. One thousand new OCRS are put in service. They have a constant failure rate of 0.05 per year. (a) How many units of the original 1000 will still be in service after 5 years? (b) How many of the original will fail in Year 5?
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.2: Applications Of Exponential Functions
Problem 29PS: What rate of interest to the nearest hundredth of percent is needed so that an investment of 2500...
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