Chance of the scientists first successful experiment
A scientist attempts to perform a difficult experiment. She is successful in about 80% of her attempts. She attempts the experiment 6 times.
What is the chance that the scientist's first successful experiment is on the third attempt?
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Patricia exchanges office equipment with an adjusted basis of $20,000 for $5,000cash and office equipment with a FMV of $12,000..
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On June 11, two years ago, Gia sold land with a cost of $15,000 for $45,000. Gia collected $20,000 initially and is scheduled to receive $5,000 each year for five years starting last year plus an acceptable rate of interest.
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