A student drew a circle and two secant segment. He concluded that if PQ ~= PS, Then QR ~= ST. Do you agree with the student’s co
nclusion? Why or why not?
1 answer:
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Answer:
A(t) = 200+15t(1+0.02)^{t}
Step-by-step explanation:
Since the interest is calculated on the new balance every year.
Hence the formula used for compound interest is:
A = P(1+^{nt}
where, A =Amount after t years
P =Principal amount
200 is the initial balance and Since, here the $15 is added to the balance each year. Therefore, P = 200+15t
r = rate each year (0.02)
t = time (in years) (t)
n = no. of times the interest is compounded in a year (n=1)
Therefore, the recursive formula is:
A(t) = 200+15t(1+0.02)^{t}
Complete Question
A recent study found that hourly wages earned by employees possessing a master's degree are distributed normally with a mean of $27.50 and standard deviation of $3.50
At a recent job fair, Intel boasted that they paid master's graduates more than 90% of all
employers. If we interpret their claim as a percentile, what hourly wage must they offer employees with master's degrees?
Answer:
The value is
Step-by-step explanation:
From the question we are told that they paid master's graduates more than 90% of all
Generally from the z-table the z-score for 90% is
This z-score can be mathematically represented as
Here x is the hourly wage they offer employees with master's degrees
substituting $27.50 for and $3.50 for
we have
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