Answer:
Step-by-step explanation:
Principal, P = $4,000
Interest rate, r = 3% = 0.03
Period, t = 20 years
Number of times compounded in a year = 4
Amount , A = P( 1 + r/n)^tn
A = 4000( 1 + 0.03/4)^4*20
A = 4000( 1 + 0.0075) ^80
A =4000( 1.0075) ^80
A = 4000* 1.818
A = $7272.18
Answer:
Multiple
Step-by-step explanation:
You put the equation in slope intercept form, therefore, the solutions are the entire line!
Every point on the line can be considered a solution.
11(x+10) = 132
Distributive property
11x + 110 = 132
Now isolate the variable.
11x + 110 = 132
-110 -110
132 - 110 = 22
11x = 22
11x/11 = 22/11
x= 2
Answer: x = 2
The reasonable estimate of the current customer price index is 195. The option B is the correct option.
<h3>Customer price index</h3>
Customer price index is the price index which measures the weight average of price of basket of customers goods or services.
It can be given as,

Here
is the cost of market basket in current period and
is the cost of market basket in the base period.
Cost of market basket in current period is

Cost of market basket in 1983 is,

Substitute all the values in the formula

Thus the value of current CPI is 168.5 which is near about the 170.
Hence, the reasonable estimate of the current customer price index is 195. The option B is the correct option.
Learn more about the customer price index here;
brainly.com/question/25495502
Answer:
0.477 is the probability that the average score of the 36 golfers was between 70 and 71.
Step-by-step explanation:
We are given the following information in the question:
Mean, μ = 70
Standard Deviation, σ = 3
Sample size, n = 36
Let the average score of all pro golfers follow a normal distribution.
Formula:
P(score of the 36 golfers was between 70 and 71)



0.477 is the probability that the average score of the 36 golfers was between 70 and 71.