Hello!
Lynne invested 35,000 into an account earning 4% annual interest compounded quarterly she makes no other deposits into the account and does not withdraw any money. What is the balance of Lynne's account in 5years
Data:
P = 35000
r = 4% = 0,04
n = 4
t = 5
P' = ?
I = ?
We have the following compound interest formula
So the new principal P' after 5 years is approximately $42,706.66.
Subtracting the original principal from this amount gives the amount of interest received:
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I Hope this helps, greetings ... Dexteright02! =)
Let X be the weekly incomes of a large group of executives. The weekly incomes of a large group of executives follows Normal distribution with mean $2000 and standard deviation $100.
μ =2000, σ =100
We have to find z score for income $2100 i.e x=2100
Z = 
= 
Z = 100/100
Z = 1
The z score for income $2100 is 1
Answer:
Answer is $10,144.50
Step-by-step explanation:
15% of 220 =33
220- 33 = 187
8.5% of 187 =15.89
187+15.89=202.89
202.89 x 50 =10,144.50
Every time the x goes up 1 the y goes up by 3
Answer:
Step-by-step explanation:
Given 10.43, you can 'estimate' it only by rounding off:
10.43 to the nearest tenth is 10.4.
10.43 to the nearest whole number is 10; we drop the fraction 0.43.
1
