Answer:
69.1
Step-by-step explanation:
<em>Mean height of 14 students = 69.0 inches</em>
<em>Mean = sum of data/number of data</em>
<em>69 = sum of data/14</em>
<em>sum of data = 966</em>
<u>FOR NEW MEAN:</u>
<em>Height of additional student = 70.5</em>
Mean = sum of data/ number of data
Mean = 966+70.5/14+1
Mean = 1036.5/15
Mean = 69.1
Therefore, the mean height of the 15 students in the class is 69.1
Over time, compound interest at any rate will outperform simple interest. When the rates are nearly equal to start with, compound interest will be greater in very short order. Here, it takes less than 1 year for compound interest to give a larger account balance.
In 30 years, the simple interest will be
... I = P·r·t = 12,000·0.07·30 = 25,200
In 30 years, the compound interest will be
... I = P·(e^(rt) -1) = 12,000·(e^(.068·30) -1) ≈ 80,287.31
_____
6.8% compounded continuously results in more total interest
Answer:
Explanation:
Please, see attached the chart corresponding to this question.
The<em> chart</em> is a pie chart that shows the percentage composition of the <em>expenses </em>and uses color to identify each item.
The items corresponding to<em> taxes</em> are:
- <em>Federal tax: 29%</em>
- <em>State tax: 6%</em>
All the other expenses are not taxes.
Add the two items that are taxes: 29% + 6% = 35%.
Hence, the expenses that are not taxes can be calculated by difference:
