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KonstantinChe [14]
2 years ago
12

Ted and Alan are in a race to double their money. Ted feels he will win if he puts his $4,000 into a savings account offering 4.

5% interest compounded annually. Alan feels he will win because he intends to put his $1,000 into a savings account offering 6% interest compounded annually. Using the rule of 72, who will win, and how many years will it take to double his money? Alan will win. It will take 16 years. Alan will win. It will take 12 years. Ted will win. It will take 12 years. Ted will win. It will take 16 years.
Mathematics
2 answers:
siniylev [52]2 years ago
8 0
Ted: 
4,000 @ 4.5% interest compounded annually

Alan:
1,000 @ 6% interest compounded annually 

Rule of 72: divide 72 by the compound annual interest rate

Ted: 72/4.5% = 16 years
Alan: 72/6% = 12 years

<span>Alan will win. It will take 12 years.</span>
crimeas [40]2 years ago
6 0

Answer:

Alan will win. It will take 12 years.

Step-by-step explanation:

Just took the test

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BlackZzzverrR [31]

Answer:

Step-by-step explanation:

Given f_{XY} (x,y) = c(4x + 2y +1) ; 0 < x < 40\,and\, 0 < y

a)

we know that \int\limits^\infty_{-\infty}\int\limits^\infty_{-\infty} {f(x,y)} \, dxdy=1

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on integrating we get

c=(1/6640)

b)

P(X>20, Y>=1)=\int\limits^{40}_{20}\int\limits^2_{1} {\frca{1}{6640}(4x+2y+1)} \, dxdy

on doing the integration we get

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c)

marginal density of X is

f(x)=\int\limits^2_{0} {\frca{1}{6640}(4x+2y+1)} \, dy

on doing integration we get

f(x)=(4x+3)/3320 ; 0<x<40

marginal density of Y is

f(y)=\int\limits^{40}_{0} {\frca{1}{6640}(4x+2y+1)} \, dx

on doing integration we get

f(y)=\frac{(y+40.5)}{83}

d)

P(01)=\int\limits^{40}_{0}\int\limits^2_{1} {\frca{1}{6640}(4x+2y+1)} \, dxdy

solve the above integration we get the answer

e)

P(X>20, 0

solve the above integration we get the answer

f)

Two variables are said to be independent if there jointprobability density function is equal to the product of theirmarginal density functions.

we know f(x,y)

In the (c) bit we got f(x) and f(y)

f(x,y)cramster-equation-2006112927536330036287f(x).f(y)

therefore X and Y are not independent

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2 years ago
Hazel covered a box with felt. The dimensions of the box are shown in the figure below:
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8 0
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A fishing boat lies 200 m due south of a large tree on the shoreline and 300 m southwest of the dock. The shoreline runs East to
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Tree...........................dock
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use Pythagorean Theorem to satisfy...a^2 + b^2 = c^2

200^2 + b^2 = 300^2
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4 0
2 years ago
Read 2 more answers
1. Walking to improve health. In a study investigating a link between walking and improved health (Social Science &amp; Medicine
lora16 [44]

Answer:

a) We need to conduct a hypothesis in order to check if the true average number of days in the past month that adults walked for the purpose of health or recreation is lower than 5.5 days (a;ternative hypothesis) , the system of hypothesis would be:  

Null hypothesis:\mu \geq 5.5  

Alternative hypothesis:\mu < 5.5  

b) For this case since we want to determine if the true mean is lower than an specified value is a one tailed test

c) For this case the significance level is given \alpha=0.01 and we want to find the critical value, so we need to find a critical value on the normal standard distribution who accumulate 0.01 of the area on the right tail and if we use excel or a table we got:

z_{cric}= -2.326

And the rejection zone would be: (\infty ,-2.326)

And the region is on the figure attached

Step-by-step explanation:

Part a: State the null and alternative hypotheses.  

We need to conduct a hypothesis in order to check if the true average number of days in the past month that adults walked for the purpose of health or recreation is lower than 5.5 days (a;ternative hypothesis) , the system of hypothesis would be:  

Null hypothesis:\mu \geq 5.5  

Alternative hypothesis:\mu < 5.5  

Part b

For this case since we want to determine if the true mean is lower than an specified value is a one tailed test

Part c

For this case the significance level is given \alpha=0.01and we want to find the critical value, so we need to find a critical value on the normal standard distribution who accumulate 0.01 of the area on the right tail and if we use excel or a table we got:

z_{cric}= -2.326

And the rejection zone would be: (\infty ,-2.326)

And the region is on the figure attached

3 0
2 years ago
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