Answer:
The amount that should be in the account after 15 years is $95,321.85
Step-by-step explanation:
According to the given data, we have the following:
monthly amount of $220=R
interest rate is fixed at 2.05%. We require the monthly ineterest rate, hence monthly interest rate= 2.05%/12=0.1708%=0.0017
t=15years×12=180 months
In order to calculate how much should be in the account after 15 years, we would have to use the following formula:
Ap=<u>R(1-(1+i)∧-t)</u>
i
Ap=<u>220(1-(1+0.0017)∧-180)</u>
0.0017
Ap=<u>162,04</u>
0.0017
Ap=$95,321.85
The amount that should be in the account after 15 years is $95,321.85
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First, create a scale that includes all the numbers- that being, you can plot both the minimum and maximum values on it.
Next, draw a line of a set height (I tend to use 2 squares in my work) where the median is. Next, draw similar lines, at the same height, for the rest of the values- both quartiles and the maximum values. You can obviously do this in whatever order you like, but that's how I do it.
Next, join up the tops and bottoms of the quartiles, with the median in the middle, and connect the middles of the quartiles to their corresponding minimum or maximum values.
Voila, my friend. You have a box plot.
4.509 is greater that 4.508 and less than 4.512
Answer:
194119
Step-by-step explanation:
well, just plug in your number!
y = 1.55*54000 + 110419