The score of 96 is 2 standard deviations above the mean score. Using the empirical rule for a normal distribution, the probability of a score above 96 is 0.0235.
Therefore the number of students scoring above 96 is given by:
First, we should apply the present value of annuity formula. It is
and in this formula
is the present value of annuity factor.
Then, we can find the present value of the annuity by writing that,
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Answer:
Step-by-step explanation:
Given the following :
Number of shares purchased (2016) = 50
Purchase price of shares $396.33 per share
Closing price per share four years later = $778.38
A) What did Chadwick pay for all of the shares in 2016?
Purchase price per share × number of shares.
$396.33 × 50 = $19,816.50
B) What was the closing value of all of the shares four years later?
Closing price per share × number of ahaf
=$778.38 × 50
= $38,919
C.) Profit on stock :
$(38,919 - 19,816.50)
= $19,102.5
D) What is his rate of return on his shares when he sold them?
(Current Purchase - initial value) /current price
(778.3 - 396.33) / 396.33
= (381.97 / 396.33) 100%
= 0.9637675
=
Answer:
C and E
Step-by-step explanation:
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