Answer:
The amount needed as a one-time deposit to earn $7,500 in 3 years is <em>$4388.17</em>
Step-by-step explanation:
<u>Basic Finance Formulas
</u>
One of the most-used formulas to compute present and future values is

Where FV is the future value, PV is the present value, r is the interest rate and n is the number of periods. It's vital to keep in mind that r and n must be referred to the same compounded time, e.g. r is compounded monthly and n is expressed in months
The question requires to compute the PV needed as a one-time deposit to earn a future value of $7,500 in 3 years at a 1.5% rate compounded monthly.
FV=7,500
r=1.5%=0.015
n=3*12=36 months
We converted n to months because r is compounded monthly
. The formula

must be managed to make PV isolated



Answer: The amount needed as a one-time deposit to earn $7,500 in 3 years is $4388.17
Answer:
The probability that the service desk will have at least 100 customers with returns or exchanges on a randomly selected day is P=0.78.
Step-by-step explanation:
With the weekly average we can estimate the daily average for customers, assuming 7 days a week:

We can model this situation with a Poisson distribution, with parameter λ=108. But because the number of events is large, we use the normal aproximation:

Then we can calculate the z value for x=100:

Now we calculate the probability of x>100 as:

The probability that the service desk will have at least 100 customers with returns or exchanges on a randomly selected day is P=0.78.
I'd say the answer to the first question is D) 0 to 4 with intervals of 0.2.
Because, you can't just have 1 to 4, as some of the numbers are less than 1. Of course you can't have 2 to 5 either. And intervals of 2 would be too messy.
For the second question:
I believe the answer is A. Because it's obvious that there IS one outlier, and it looks like there are two clusters.
So, the answers are: A) and D).
Answer:
I'm pretty sure it is 50n+200 <u><</u> 3600
Step-by-step explanation:
Im to fully sure tho
Answer:
The piece-wise function is;

Step-by-step explanation:
The flat rate for renting the car = $35 per day
The amount charged as insurance fee per day for renting the car for 3 days or less = $10
The insurance fee charged per day when the car is rented for more than 3 days = $5
Let the number of days = x
Therefore, we have;
For x ≤ 3, f(x) = 35 × x + 10 × x = x × (35+10) = 45·x
For x > 3, f(x) = 35 × x + 5 × x = x × (35+5) = 40·x
Therefore;
The charge rate for renting the car for less than or equal to 3 days = 45·x
The charge rate for renting the car for more than 3 days = 40·x
The piece-wise function can be presented as follows;
