Answer:
t = (D/C - 1) (100/r)
Step-by-step explanation:
D = C(1+rt/100)
D/C = 1 + rt/100
D/C - 1 = rt/100
D/C - 1 = t (r/100)
Therfore,
<h2>t = (D/C - 1) / r/100</h2>
Therefore the last option is correct.
<h2><em><u>
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Answer:250
Step-by-step explanation:
Answer:
a) 0.064
b) 0.109
Step-by-step explanation:
We are given the following information in the question:
Mean, μ = 181 centimeter
Standard Deviation, σ = 7.3 centimeter
We are given that the distribution of height for Northern European adult males is a bell shaped distribution that is a normal distribution.
Formula:
a) P(person is between 160 and 170 centimeters)
b) P(person is higher than 190 centimeter)
P(x > 190)
Calculation the value from standard normal z table, we have,
Answer:
After 12 years the investment will be worth $5145.
Step-by-step explanation:
The formula used for compounded interest is:
A = P(1+r/n)^nt
where,
A = future value
P = Principal Amount
r = interest rate
n = no of times interest is compounded
t = time
In the question given:
A=?
P = $2100
r = 7.75% or 0.0775
n = 1
t= 12
A= 2100*(1+0.0775/1)^1*12
A= 2100 *(1+0.0775)^12
A= 2100 *(1.0775)^12
A= 2100 * 2.45
A= 5145
So, after 12 years the investment will be worth $5145.
