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crimeas [40]
2 years ago
7

A person places $934 in an investment account earning an annual rate of 6.1%, compounded continuously. Using the formula V = P n

r t V=Pe rt , where V is the value of the account in t years, P is the principal initially invested, e is the base of a natural logarithm, and r is the rate of interest, determine the amount of money, to the nearest cent, in the account after 13 years.
Mathematics
2 answers:
mixer [17]2 years ago
5 0
Yes man yes we are here for dinner last night
Murljashka [212]2 years ago
3 0

Answer:

Step-by-step explanation:

The formula for continuously compounded interest is

V = P x e(r x t)

Where

V represents the future value of the account after t years.

P represents the principal or initial amount invested

e is the base of a natural logarithm,

r represents the interest rate

t represents the time in years for which the investment was made.

e is the mathematical constant approximated as 2.7183.

From the information given,

P = $934

r = 6.1% = 6.1/100 = 0.061

t = 13 years

Therefore,

V = 934 e(0.061 x 13)

V = 934 e(0.793)

V = $2064.2 to the nearest cent

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Data on average high temperatures​ (in degrees​ Fahrenheit) in July and precipitation​ (in inches) in July for 48 cities is used
wel

Answer:

Explained below.

Step-by-step explanation:

The regression equation to predict amount of precipitation​ (in inches) in July from the average high temperatures​ (in degrees​ Fahrenheit) in July is as follows:

PRECIP​ = 2.0481​ + 0.0067 HIGH

(1)

The value of the slope of the regression line is, 0.0067.

(2)

The predictor variable in this context is the average high temperatures​ (in degrees​ Fahrenheit) in July.

(3)

The response variable in this context is the amount of precipitation​ (in inches) in July.

(4)

The slope of a regression line is average rate of change in the dependent variable with one unit change in the independent variable.

The slope here is 0.0067.

This value implies that the average rate of change in the amount of precipitation​ (in inches) in July increases by 0.0067 inches with every 1°F increase in the average high temperatures​.

(5)

Compute the mount of precipitation for a city that has an average high temperature in July of 87.31°F  as follows:

PRECIP​ = 2.0481​ + 0.0067 HIGH

             = 2.0481​ + 0.0067 × 87.31°F

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5 0
1 year ago
Identify the segment bisector of JK
nordsb [41]

Answer:

A segment whose length is 9 units.

Step-by-step explanation:

A segment whose length is 9 units.

All we have is a bisection that divides equally segment JK in two parts. And M is the Midpoint what reassures us that JM=MK, so plugging in:

3x+15=8x+25

3x-8x=25-15

-5x=10

5x=-10

x=-2

JM=3(-2)+15 =9

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4 0
2 years ago
A class with n kids lines up for recess. The order in which the kids line up is random with eachordering being equally likely. T
Elis [28]

Answer:

A) P(Betty is first in line and mary is last) = P(B₁) + P(Mₙ) - (P(B₁) × P(Mₙ/B₁))

B) The method used is Relative frequency approach.

Step-by-step explanation:

From the question, we are told a sample of n kids line up for recess.

Now, the order in which they line up is random with each ordering being equally likely. Thus, this means that the probability of each kid to take a position is n(total of kids/positions).

Since we are being asked about 3 kids from the class, let's assign a letter to each kid:

J: John

B: Betty

M: Mary

A) Now, we want to find the probability that Betty is first in line or Mary is last in line.

In this case, the events are not mutually exclusive, since it's possible that "Betty is first but Mary is not last" or "Mary is last but Betty is not first" or "Betty is the first in line and Mary is last". Thus, there is an intersection between them and the probability is symbolized as;

P(B₁ ∪ Mₙ) = P(B₁) + P (Mₙ) - P(B₁ ∩ Mₙ) = P(B₁) + P(Mₙ) - (P(B₁) × P(Mₙ/B₁))

Where;

The suffix 1 refers to the first position while the suffix n refers to the last position.

Also, P(B₁ ∩ Mₙ) = P(B₁) × P(Mₙ/B₁)

This is because the events "Betty" and "Mary" are not independent since every time a kid takes his place the probability of the next one is affected.

B) The method used is Relative frequency approach.

In this method, the probabilities are usually assigned on the basis of experimentation or historical data.

For example, If A is an event we are considering, and we assume that we have performed the same experiment n times so that n is the number of times A could have occurred.

Also, let n_A be the number of times that A did occur.

Now, the relative frequency would be written as (n_A)/n.

Thus, in this method, we will define P(A) as:

P(A) = lim:n→∞[(n_A)/n]

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MaRussiya [10]

Answer

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Step-by-step explanation:

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