Roberto has run the first 16 miles of a race, means he is 72% finished. How long is the race?
2 answers:
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First we need to graph the given values.
there are total 16 data so x-value can be taken as 1,2,3,...,16
given values will be assigned as y-values as shown in attached table.
Now we just graph those points to see the type of skew.
From graph we see that points are very close and almost in the shape of a line. Lines seems to be moving upward when going to the right side.
Hence correct answer will be "positive skew".
Adam should invest $15516 after 18 years.
<u>Explanation:</u>
Given:
Amount(18) = $20000
Rate of Interest, r = 1.41%
Time, t = 18 years
n = 365 (compounded daily)
General equation of amount that is compounded daily:
Solving for A₀:
Substituting the values:
Therefore, Adam should invest $15516 after 18 years.