Find the total value TV of the given income stream and also

Find the total value TV of the given income stream and also find its present value PV (at the (Round your answers to the nearest cent.) R(t) = 19,000e^0.06t, 0

Solution

a) 10 bit strings = 2¹⁰

b) 4 1\'s and 6 0\'s = ¹⁰C₄ * ⁶C₆

c) exactly 4 0\'s all together = 0000111111 ; 1000011111; 1100001111 ; 1110000111 ; 1111000011 ; 1111100001 ; 1111110000

Ans) 7

d) 8 1\'s = ¹⁰C₈ = 45

9 1\'s =¹⁰C₉ = 10

10 1\'s = ¹⁰C₁₀ = 1

probability of 8 or more 1\'s = (45 + 10 + 1)/2¹⁰ =56/2¹⁰

e) probability all 0\'s = ¹⁰C₁₀ / 2¹⁰ = 1 / 2¹⁰