7. Question Details CraudQL3 3.2.011. [4116995) You owe $600 on your credit card. For every...

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7. Question Details CraudQL3 3.2.011. [4116995) You owe $600 on your credit card. For every month that you fail to make a payment, your balance increases by 2%. Find a formula for the balance Bowed after t months with no payment. B- eBook Question Details CraudQL3 3.2.032a. [4087167] Crescent City, California, is in an area that is subject to tsunamis. Its harbor was severely damaged by the tsunami caused by the earthquake off the coast of Japan on March 11, 2011. The probability P (as a decimal) that no tsunami with waves of 15 feet or higher will strike Crescent City over a period of t years is given by the formula P=0.986. If you move to Crescent City and stay there for 10 years, what is the probability that you will witness no tsunami waves of 15 feet or higher? Round your answer to two decimal places. eBook

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