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marishachu [46]
4 years ago
11

$11,000, invested for 4 years at 3% compound monthly

Mathematics
1 answer:
poizon [28]4 years ago
5 0
The formula is
A=p (1+r/k)^kt
A future value?
P present value 11000
R interest rate 0.03
K compounded monthly 12
T time 4years
A=11,000×(1+0.03÷12)^(12×4)
A=12,400.61

Hope it helps!
You might be interested in
Select the correct answer
motikmotik

Answer:

4

Step-by-step explanation:

80%=4/5

4/5 of 20 is 4

They lose 4 matches.

5 0
3 years ago
Coopers & Lybrand surveyed 210 chief executives of fast-growing small companies. Only 51% of these executives had a manageme
densk [106]

Answer:

<em>92% Of confidence intervals to estimate the proportion of all fast-growing small companies that have a management succession plan.</em>

<em>(0.46154 , 0.558)</em>

Step-by-step explanation:

Given sample size 'n' = 210

The sample proportion 'p' = 51% = 0.51

<em>Confidence intervals are determined by</em>

(p^{-} - z_{\alpha } \sqrt{\frac{p^{-} (1-p^{-} }{n} }  , p^{-} +Z_{\alpha } \sqrt{\frac{p^{-} (1-p^{-} )}{n } } )

The 92% of z-score value

Z_{\frac{\alpha }{2} } = Z_{\frac{0.08}{2} } = Z_{0.04} = 1.405

<em>92% Of confidence intervals to estimate the proportion of all fast-growing small companies that have a management succession plan.</em>

<em></em>(0.51 - 1.405 \sqrt{\frac{0.51 (1-0.51 }{210} }  , 0.51 +1.405 \sqrt{\frac{0.51 (1-0.51)}{210 } } )<em></em>

<em>on calculation , we get</em>

<em> (0.51-0.048 , 0.51 + 0.048)</em>

<em>(0.46154 , 0.558)</em>

<u><em>Final answer:-</em></u>

<em>92% Of confidence intervals to estimate the proportion of all fast-growing small companies that have a management succession plan.</em>

<em>(0.46154 , 0.558)</em>

<em></em>

3 0
3 years ago
I need this please help me
alexandr402 [8]
Top one is “equal to”
Middle one is “longer than”
Lowest one is “will”
8 0
3 years ago
A circular garden has a radius of 4 meters. What is the area of the garden? Use 3.14 as an approximation for .
Nitella [24]
A=pir^2
r=4
pi=3.14 for this problem
A=3.14(4^2)
A=3.14(16)
A=50.24 m^2

C
5 0
3 years ago
Read 2 more answers
What is this problem in standard form? y-5=3/2(x+6)
givi [52]

Answer:

\displaystyle \boxed{3x - 2y = -28}

Step-by-step explanation:

y - 5 = 3⁄2(x + 6)

y - 5 = 3⁄2x + 9

+ 5 + 5

__________

y = 3⁄2x + 14

- 3⁄2x - 3⁄2x

________

−3⁄2x + y = 14 [We do not want mixed numbers\fractions in our standard equation, so multiply by the denominator to get rid of it.]

−2[−3⁄2x + y = 14]

\displaystyle 3x - 2y = -28

I am joyous to assist you anytime.

4 0
4 years ago
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