deposits posits $4100,000$100,000 into a bank account that will pay interest rate Il after one year. Assume |l is a random variable defined by a uniform distribution on the interval (-0.05,0.05) (-0.05,0.05). The balance of the bank account after one year is defined to be random variable B=$100,000elB=$100,000el. What is the cumulative distribution function of BB?

MATLAB: An Introduction with Applications
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Chapter1: Starting With Matlab
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Assume an investment banker deposits
$100,000$100,000 into a bank account that
will pay interest rate Il after one year. Assume
Il is a random variable defined by a uniform
distribution on the interval (-0.05,0.05)
(-0.05,0.05).
The balance of the bank account after one
year is defined to be random variable
B=$100,000elB=$100,000el.
What is the cumulative distribution function of
BB?
Transcribed Image Text:Assume an investment banker deposits $100,000$100,000 into a bank account that will pay interest rate Il after one year. Assume Il is a random variable defined by a uniform distribution on the interval (-0.05,0.05) (-0.05,0.05). The balance of the bank account after one year is defined to be random variable B=$100,000elB=$100,000el. What is the cumulative distribution function of BB?
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