Answer:
False
Step-by-step explanation:
Answer:
11 years.
Step-by-step explanation:
Given that Carter invested $ 16,000 in an account paying an interest rate of 5.6% compounded monthly, to determine, assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach $ 29,600, the following calculation must be performed:
16,000 x (1 + 0.056 / 12) ^ Yx12 = 29,600
Y = 11
16,000 x 1.4666 ^ 132 = X
29,581.70 = X
Thus, rounded to the nearest year, it would take 11 years for the account to reach $ 29,600.
The sexagesimal system is a numbering system that uses the base sixty. It is used to measure times (hours, minutes and seconds) and angles (degrees, minutes and seconds). In this system, 60 units of an order form a unit of higher order. Thus, 60 seconds form 1 minute, and 60 minutes form 1 hour or 1 degree, according to time or angles.
The use of the number sixty as a basis for the measurement of angles, coordinates and time measurements is linked to old astronomy and trigonometry. It was common to measure the elevation angle of a star and trigonometry uses right triangles.
Answer:
The standard error of the estimate is 413.4498
Step-by-step explanation:
According to the given data of ,in order to calculate the standard error of the estimate we would have to use the following formula:
Standard Error =sqrt(SSE/(n-p-1))
Standard Error =sqrt(4102577/(27-2-1))
Standard Error = 413.4498
The standard error of the estimate is 413.4498