If the interest rate is compounded daily, we have the effective interest rate calculated as:
r = (1 + 0.1022/30)^30 -1
r = 0.1074 or 10.74%
Therefore, the effective interest rate if the compounded daily rather than monthly is 10.74-10.22 = 0.52 points higher.
-7 + 3 + 10 = -4 + 10 = 10 - 4 = 6.
To turn 13 into 10, you need to break it up into 10 + 3, which does not change the value of 13. Then, you add 3 to -7, which results in -4. Next, you add -4 to 10 (or rather, subtract 4 from 10), which results in 6.
10*0.25=2.5
2.5/10*100=25 lbs
25-10=15 lbs
Nina need to add 15 lbs of water
The normal distribution curve is shown in the diagram below
<span>The percentage of time that his commute time exceeds 61 minutes is equal to the area under the standard normal curve that lies to the RIGHT of X=61
Standardising X=61 to find z-score
</span>

<span>
from the z-table
</span>

<span>
</span>