Mr. Jackson invested $800 at 6% per year and $ 2400 at 4 % per year
<h3><u>Solution:</u></h3>
Mr. Jackson invested a sum of money at 6% per year, and 3 times as much at 4% per year.
Let the sum invested be ‘a’ and ‘3a’ at 6% per year and 4 % per year respectively
Also, his annual return totaled $144
We can form following equation on the basis of question:-
a = $800
The amount of money invested at 6% = a = 800
The amount of money invested at 4 % = 3a = 3(800) = 2400
So, the amount of money invested at 6% is $800 and the amount of money invested at 4% is $ 2400
60 minutes per hour
4 x 60 = 240 minutes
60 seconds per minute
240 x 60 = 14400 seconds
8/14400 = 0.0005555
= 0.055 % round off to 0.06%
Answer:
$755.80
Step-by-step explanation:
Determine the compound amount first and then subtract the principal from it, to find the amount of interest.
The compound amount formula is A = P (1 + r/n)^(nt), where
P is the initial principal, r is the interest rate as a decimal fraction, n is the number of compounding periods per year, and t is the number of years. Here, P = $2179; t = 5 yrs; r = 0.06; and n = 4 (quarterly compounding).
We get:
A = $2179(1 + 0.06/4)^(4*5), or $2179(1.015)^20, or $2179(1.347) = $2937.80.
The compound amount is $2934.80. Subtracting the $2179 principal results in the interest earned: $755.80.
Answer:
282ft
Step-by-step explanation:
83×3=249
249+33=282
Standard deviations of the four activities of the critical path are 1,2,4,2.
Standard deviation of this critical path = Sum of square root of variance of this corresponding critical path
Standard deviation of critical path 
Now we need to find the probability that the project will completed in 38 weeks given that its expected completion time is 40 weeks.
That is, we need to find P(X<38) :
Probability 
Thus the probability that the project will be completed in 38 weeks is 0.34.
