All categories

1 year ago

Katie invested $33,750 at 11.17% compounded continuously.

Mathematics

1 answer:

ser-zykov [4K]1 year ago

5 0

Answer:

Katie's account balance in 10 years will be $3,769,875

Step-by-step explanation:

you multiply the amount of money you invest by the percentage, and the amount of years.

EX: $33,750 × 11.17% × 10= $3,769,875

You might be interested in

What ratio is equivalent to the ratio 18:24

Lana71 [14]

Answer:

3/4

Step-by-step explanation:

18:24=18/24

18/24 reduces to 3/4

3 0

2 years ago

Alice chose five positive integers and found that their product was even. What is the maximum number of odd integers she could h

Nat2105 [25]

Answer:

In order for a product to be even, at least one factor must be even (so that the product is divisible by 2). The minimum number of even integers she could have chosen is 1, so the maximum number of odd integers she could have chosen is 4 :)

4 0

1 year ago

Let p denote the proportion of students at a particular university that use the fitness center on campus on a regular basis. For

9966 [12]

Answer:

a) P-value = 0.0968

b) P-value = 0.2207

c) P-value = 0.0239

d) P-value = 0.0040

e) P-value = 0.5636

Step-by-step explanation:

As the hypothesis are defined with a ">" sign, instead of an "≠", the test is right-tailed.

For this type of test, the P-value is defined as:

$P-value=P(z>z^*)$

being z* the value for each test statistic.

The probability P is calculated from the standard normal distribution.

Then, we can calculate for each case:

(a) 1.30

$P-value=P(z>1.30) = 0.0968$

(b) 0.77

$P-value=P(z>0.77) = 0.2207$

$P-value=P(z>1.98) = 0.0239$

(d) 2.65

$P-value=P(z>2.65) = 0.0040$

(e) −0.16

$P-value=P(z>-0.16) = 0.5636$

7 0

1 year ago

The number of tickets purchased by an individual for Beckham College's holiday music festival is a uniformly distributed random

egoroff_w [7]

Answer:

The mean is 4.5 and the standard deviation is 1.44.

Step-by-step explanation:

An uniform probability is a case of probability in which each outcome is equally as likely.

For this situation, we have a lower limit of the distribution that we call a and an upper limit that we call b.

The mean of the uniform probability distribution is:

$M = \frac{(a + b)}{2}$

The standard deviation of the uniform probability distribution is:

$S = \sqrt{\frac{(b-a)^{2}}{12}}$

Uniformly distributed random variable ranging from 2 to 7.

This means that $a = 2, b = 7$ .

$M = \frac{(2 + 7)}{2} = 4.5$

$S = \sqrt{\frac{(b-a)^{2}}{12}} = \sqrt{\frac{(7 - 2)^{2}}{12}} = 1.44$

The mean is 4.5 and the standard deviation is 1.44.

7 0

1 year ago

Jay earns $5.90 per hour working at the ice cream parlor after school. He needs at least $236 for a stereo system. Choose the in

Fed [463]

The answer would be B) 5.90x > 236
This is because Jay needs at least 236 therefore the money he earns from working at the ice cream parlor would need to be higher than 236.

8 0

2 years ago