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dangina [55]
4 years ago
7

Find the difference 7,299.04subtract 238.40

Mathematics
1 answer:
nalin [4]4 years ago
5 0
I think it is              7060.54 it was all mental sorry
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Find the accumulated value of an investment of $20,000 for 7 years at an interest rate of 5.5% if the money is:
Amiraneli [1.4K]

Answer:

  • See below

Step-by-step explanation:

<u>Given:</u>

  • Investment P = $20000
  • Time t = 7 years
  • Interest rate r = 5.5% = 0.055

a. <u>compounded semiannually, n = 2</u>

  • A = P*(1 + r/n)^{nt} = 20000(1+0.055/2)^{2*7} = 29239.88

b. <u>compounded quarterly, n = 4</u>

  • A = P*(1 + r/n)^{nt} = 20000(1+0.055/4)^{4*7} =  29315.30

c. <u>compounded monthly, n = 12</u>

  • A = P*(1 + r/n)^{nt} = 20000(1+0.055/12)^{12*7} =  29366.44

d. <u>compounded continuously</u>

  • A = Pe^{rt}=20000*e^{0.055*7}=29392.29
5 0
3 years ago
Read 2 more answers
Find the geometric mean of 6 and 96.<br> a. 24<br> b. 29<br> c. 34<br> d. 44
jeyben [28]
√(6 * 96) = <span>√(576) =</span><span> 24</span>
4 0
3 years ago
1. At a computer manufacturing company, the actual size of a computer chip is normally distributed with a mean of 1 cm and a sta
liraira [26]

Answer:

The 4 answers are given below:

0.1cm,  0.1 probability,  0.25 probability,  1.095cm

Step-by-step explanation:

QUESTION HEAD: At a computer manufacturing company, the actual size of a computer chip is normally distributed with a mean of 1cm and standard deviation of 0.1cm. A random sample of 12 computer chips is taken.

(A) What is the standard error for the sample mean?

(B) What is the probability that the sample mean will be between 0.99 and 1.01cm?

(C) What is the probability that the sample mean will be below 0.95cm?

(D) Above what value do 2.5% of the sample means fall?

ANSWERS:

(A) The standard error for the sample mean is 0.1cm

(B) [0.99, 1.01]cm?

The mean length is 1cm and S.E. is 0.1cm, hence all lengths fall into the following range: [0.9 - 1.1]

0.99 - 0.9 = 0.09

1.1 - 1.01 = 0.09

0.09 + 0.09 = 0.18

1.1 - 0.9 = 0.2

0.2 - 0.18 = 0.02  This is the fraction of 0.2 that the length bracket in the question occupies. So 0.02/0.2 = 0.1

Hence the probability that the sample mean will be between 0.99 and 1.01cm is 0.1 (which translates to a 10% probability/chance)

(C) The probability that the sample mean will be below 0.95 is:

0.95 - 0.9 = 0.05

0.05/0.2 = 0.25 (which translates to a 25% chance of occurrence)

(D) Above what value do 2.5% of the sample means fall?

Here, you're looking for the value of the mean which serves as the lower limit for the top 2.5% of sample mean values.

2.5% of 0.2 = 0.025 × 0.2 = 0.005

Subtract this from the highest possible mean value:

1.1 - 0.005 = 1.095

So, above 1.095 is where 2.5% of the sample means fall

3 0
3 years ago
Which number line represents the solution to the inequality −7x−13≥8
sveta [45]

Answer:

x≥−  

7

13

​

Step-by-step explanation:

-7x<=13

5 0
3 years ago
A rectangular window is 4 ft long and 3 ft wide. Jane would like to buy a screen for the window. The cost of the screen is based
wolverine [178]

The area of a rectangle formula is Length x Width. Given 4 ft and 3 ft, we can find the area. The screen is would be 12 sq. ft.

Since the question is asking for inches, we now must convert this.

The answer is 144 sq. in.

7 0
3 years ago
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