Let's assume there are 52 weeks in a year,
so we have , rate= 6.4/52= 0.123%
now ,
c.i = 5000[(1+0.123/100)^3×52 -1]
= $1056.911
took me a while
Answer:
-72
Step-by-step explanation:
(-4)(-9)(-2)=
36(-2)=
-72
Answer:
1. Five classes in the frequency distribution
2.The mid point of the third class is 24.5
3.The total number of frequency is 100
4.The relative frequency of the third class is (20/100=0.2)
5. We use n-1 because we are dealing with a sample data
6. The mean is 24.5
7. The value of the standard deviation is 11
Step-by-step explanation:
See attached picture for the solutions
Answer:
1.25% and 16 times
Step-by-step explanation:
Since the interest is compounded quarterly it will be compounded 4 times a year. So 4 x 4 is 16, so it will be compounded 16 times.
Then you have to divide the 5% by four to get how much will be compounded each quarter. So, (0.05 / 4) = 0.0125, which is 1.25%.
Answer and Step-by-step explanation:
We are not given the function in question, but in order to explain, will form a function. Suppose f(x) = 3x + 2.
If f(x) = 17, then
3x + 2 = 17, to find the value of x, we have solve for x in the equation.
3x = 17 – 2
3x = 15
x = 5
This is the method that can be used to solve problems of this nature.