Roselyn is driving to visit her family, which live 150150150 kilometers away. Her average speed is 606060 kilometers per hour. T
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Answer:
- The total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 0.5 years is $ 309.00.
- The total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 1 year is $ 318.27.
Step-by-step explanation:
a) How much will you have at the middle of the first year?
Using the formula
where
- Principle = P
- Annual rate = r
- Compound = n
- Time = (t in years)
- A = Total amount
Given:
Principle P = $300
Annual rate r = 6% = 0.06 per year
Compound n = Semi-Annually = 2
Time (t in years) = 0.5 years
To determine:
Total amount = A = ?
Using the formula
substituting the values
$
Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 0.5 years is $ 309.00.
Part b) How much at the end of one year?
Using the formula
where
- Principle = P
- Annual rate = r
- Compound = n
- Time = (t in years)
- A = Total amount
Given:
Principle P = $300
Annual rate r = 6% = 0.06 per year
Compound n = Semi-Annually = 2
Time (t in years) = 1 years
To determine:
Total amount = A = ?
so using the formula
so substituting the values
$
Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 1 year is $ 318.27.
Answer:
A)Percentile for Lynette, the student who is 65 in. tall is 36th
B) Asher is 22 inches tall.
Step-by-step explanation:
Percentile : It is a measure used in statistics indicating the value below which a given percentage of observations in a group of observations falls
A) Find the Percentile for Lynette, the student who is 65 in. tall.
No. of students below 65 inch =9
So, Percentage of data below 65 inch =
So, Percentile for Lynette, the student who is 65 in. tall is 36th
B)Ashers height is at the 88th percentile of the distribution. Interpret this value in context. How tall is Asher
22=x
So, No. of students below or st 88th percentile = 22
So, Asher is 22 inches tall.