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Tems11 [23]
2 years ago
11

Claudia invested $12,000 at an interest rate of 4.5% compounded monthly. In the formula A=p(1+r/n)^nt, A is the worth of an acco

unt after t years, n is the number of times that interest is compounded, P is the initial deposit, and r is the interest rate.Approximately how much money will be in Claudia’s account after 7 years?
Mathematics
1 answer:
aleksandrvk [35]2 years ago
6 0

Answer: $16,433.42

Step-by-step explanation:

Hi, to answer this question we have to apply the formula given:

A=p (1+r/n)^nt,

  • r must be in decimal form (percentage divided by 100)
  • n is equal to 12 ( it compounds 12 times per year)

Replacing with the values given:

A = 12,000 (1+ 0.045/12) ^12(7)

Solving:

A = 12,000 (1+ 0.045/12) ^12(7)

A= 12,000 (1.00375) ^84

A = $16,433.42

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Carl wants to find the product 30×56 . Which of the following best explains how he can find the product mentally?A.He knows that
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He knows that 30÷5 is 6. He then multiplies 6 by 6 to get 36

Step-by-step explanation:

A is option is the best approach for him to find the answer.

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2 years ago
Judy’s measured potassium level varies according to the Normal distribution with μ = 3.8 and σ = 0.2 mmol/l. Let us consider wha
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Answer:

The blood potassium level L such that the probability is only 0.05 that the average of four measurements is less than L is 3.64.

Step-by-step explanation:

To solve this question, we have to understand the normal probability distribution and the central limit theorem.

Normal probability distribution:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Central limit theorem:

The Central Limit Theorem estabilishes that, for a random variable X, with mean \mu and standard deviation \sigma, the sample means of size n can be approximated to a normal distribution with mean \mu and standard deviation, which is also called standard error s = \frac{\sigma}{\sqrt{n}}

In this problem, we have that:

\mu = 3.8, \sigma = 0.2, n = 4, s = \frac{0.2}{\sqrt{4}} = 0.1

What is the blood potassium level L such that the probability is only 0.05 that the average of four measurements is less than L?

This is the value of X when Z has a pvalue of 0.05. So it is X when Z = -1.645.

Z = \frac{X - \mu}{\sigma}

By the Central Limit Theorem

Z = \frac{X - \mu}{s}

-1.645 = \frac{X - 3.8}{0.1}

X - 3.8 = -1.645*0.1

X = 3.64

The blood potassium level L such that the probability is only 0.05 that the average of four measurements is less than L is 3.64.

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2 years ago
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What are the measures of Arc J K and ∠KIJ?
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Answer:

104 and 52

Step-by-step explanation:

just did the assignment on edgen

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2 years ago
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Raymond just got done jumping at Super Bounce Trampoline Center. The total cost of his session was \$43.25$43.25dollar sign, 43,
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Answer:

29 minutes

Step-by-step explanation:

Given

Total = \$43.25

Entrance\ Fee = \$7

Per\ Minute = \$1.25

Required

Determine the number of minutes (t) that he was on the trampoline.

This can be expressed as:

Total\ Payment = Entrance\ Fee + Amount\ per\ minute * t

Where t represents the number of minutes

Substitute values for Total, Entrance Fee and Amount per minute

43.25 = 7 + 1.25 * t

43.25 = 7 + 1.25t

Solving further to get the value of t, we have:

1.25t = 43.25 - 7

1.25t = 36.25

t = 36.25/1.25

t = 29

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2 years ago
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