Answer:
Interest earned = 2713.8
Explanation:
We will solve this problem on two steps:
1- get the final amount after three years
2- get the interest earned by subtracting the initial amount from the final one.
1- getting the final amount after 3 years:
The formula that we will use is as follows:
A = P (1 + r/n)^(nt)
where:
A is the final amount we want to calculate
P is the initial amount = 6300
r is the interest = 0.12
n is the number of compounds per year =12
t is time in years = 3
Substitute to get the final amount:
A = P (1 + r/n)^(nt)
A = 6300 (1 + 0.12/12) ^ (12*3)
A = 9013.8
2- getting the interest earned:
Interest earned = final amount - initial amount
Interest earned = 9013.8 - 6300
Interest earned = 2713.8
Hope this helps :)
<span>The expression given (27x^2)z/(-3x^2)(z^6), can be simplify as below:
By properties of powers, if you have the same base, you can substract the exponents. Then:
=(</span>27x^2)z/(-3x^2)(z^6)
=-9z/z^6 (As you can see: x^2-2= x^0=1)
=-9/z^5 (Then, z^6-1=z^5)
<span>
Therefore, the answer is: The exponent on the variable z is 5.</span>
Answer:
D. 0.1353
B. 0.0473
Step-by-step explanation:
For an exponentially distributed random variable, the cumulative distribution function is:
with parameter λ=2, then P(X≥1) is equal to:
D. 0.1353
with parameter λ=1.5, then P(2≤X≤4) is equal to
B. 0.0473
Answer:
Step-by-step explanation:
a) We would use the formula for exponential growth model which is expressed as
y = b(1 + r)^t
Where
y represents the population after t years.
t represents the number of years.
b represents the initial population.
r represents rate of growth.
From the information given,
b = 5655
r = 1.4% = 1.4/100 = 0.014
Therefore, the equation would be
y = 5655(1 + 0.014)^t
y = 5655(1.014)^t
b) in 2022, t = 2022 - 2010 = 12 years
y = 5655(1.014)^12
y = 6682
