Use compound interest formula F=P(1+i)^n twice, one for each deposit and sum the two results.
For the P=$40,000 deposit,
i=10%/2=5% (semi-annual)
number of periods (6 months), n = 6*2 = 12
Future value (at end of year 6),
F = P(1+i)^n = 40,000(1+0.05)^12 = $71834.253
For the P=20000, deposited at the START of the fourth year, which is the same as the end of the third year.
i=5% (semi-annual
n=2*(6-3), n = 6
Future value (at end of year 6)
F=P(1+i)^n = 20000(1+0.05)^6 = 26801.913
Total amount after 6 years
= 71834.253 + 26801.913
=98636.17 (to the nearest cent.)
Answer:
StartFraction 1 Over 15 EndFraction left-parenthesis 10 h plus 60 right-parenthesis equals StartFraction 1 Over 10 Endfraction left-parenthesis 10 h right-parenthesis
Step-by-step explanation:
The desired equation equates 1/15 of the amount Lindsay earned with 1/10 the amount without the bonus:
StartFraction 1 Over 15 EndFraction left-parenthesis 10 h plus 60 right-parenthesis equals StartFraction 1 Over 10 Endfraction left-parenthesis 10 h right-parenthesis
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The proportion of production that is defective and from plant A is
... 0.35·0.25 = 0.0875
The proportion of production that is defective and from plant B is
... 0.15·0.05 = 0.0075
The proportion of production that is defective and from plant C is
... 0.50·0.15 = 0.075
Thus, the proportion of defective product that is from plant C is
... 0.075/(0.0875 +0.0075 +0.075) = 75/170 = 15/34 ≈ 44.12%
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P(C | defective) = P(C&defective)/P(defective)
25320+11310=36,630 or 12,430+24,200=36,630
Answer:
C. Different sample proportions would result each time, but for either sample size, they would be centered (have their mean) at the true population proportion.
Step-by-step explanation:
From the given information;
A political polling agency wants to take a random sample of registered voters and ask whether or not they will vote for a certain candidate.
A random sample is usually an outcome of any experiment that cannot be predicted before the result.
SO;
One plan is to select 400 voters, another plan is to select 1,600 voters
If the study were conducted repeatedly (selecting different samples of people each time);
Different sample proportions would result each time, but for either sample size, they would be centered (have their mean) at the true population proportion. This is because a sample proportion deals with random experiments that cannot be predicted in advance and they are quite known to be centered about the population proportion.