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natka813 [3]
3 years ago
13

You invest 4,100 in an account that pays an interest rate of 7.25% ,compounded continuously. Calculate the balance of your accou

nt after 8 years round your answer to the nearest hundredth.
Mathematics
1 answer:
levacccp [35]3 years ago
8 0
\bf ~~~~~~ \textit{Continuously Compounding Interest Earned Amount}
\\\\
A=Pe^{rt}\qquad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to& \$4100\\
r=rate\to 7.25\%\to \frac{7.25}{100}\to &0.0725\\
t=years\to &8
\end{cases}
\\\\\\
A=4100e^{0.0725\cdot 8}\implies A=4100e^{0.58}\implies A\approx 7322.757566075
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Step-by-step explanation:

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The percent error was 115% .

Step-by-step explanation:

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5 0
2 years ago
Which of the following could be a real-world description of the quantity four times x end quantity divided by 7?
Luda [366]

The real-world description of the quantity four times x end quantity divided by 7 will be B. The cost per pizza for 4 pizzas divided by 7 people.

<h3>How to illustrate the information?</h3>

It should be noted that the information that is given is illustrated as:

four times x end quantity divided by 7

This will be:

= (4 × x) / 7

Therefore, the real description will be that the cost per pizza for 4 pizzas divided by 7 people.

In conclusion, the correct option is B.

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brainly.com/question/732902

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6 0
2 years ago
if A(-2,1), B(1,5), C(4,4), D(1,0) are the vertices of a quadrilateral, do the points form a parallelogram? Justify your answer.
4vir4ik [10]
We have that

<span>A(-2,1), B(1,5), C(4,4), D(1,0)
</span>using a graph tool
see the attached figure

we know that
A parallelogram is a simple quadrilateral with opposite sides parallel and equal in length
therefore
<span>let's calculate the slope and distance of each side and compare them
</span>
side AB
slope m=(y2-y1)/(x2-x1)------> m=(5-1)/(1+2)----> m=4/3
distance AB=√4²+3³-------> dAB=5 units

side CD
slope m=(y2-y1)/(x2-x1)------> m=(0-4)/(1-4)----> m=4/3
distance CD=√4²+3³-------> dCD=5 units

side BC
slope m=(y2-y1)/(x2-x1)------> m=(4-5)/(4-1)----> m=-1/3
distance BC=√1²+3³-------> dBC=√10 units

side AD
slope m=(y2-y1)/(x2-x1)------> m=(0-1)/(1+2)----> m=-1/3
distance AD=√1²+3³-------> dAD=√10 units

(side BC and side AD are parallel)  and (side BC=side AD)
and
(side AB and side CD are parallel) and (side AB=side CD)

therefore

the answer is
Yes, it is a parallelogram 


5 0
4 years ago
A researcher wishes to estimate with 95% confidence, the proportion of the people who own a home computer. A previous study show
vitfil [10]

Answer:

The minimum sample size necessary is 2305.

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of \pi, and a confidence level of 1-\alpha, we have the following confidence interval of proportions.

\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}

In which

z is the zscore that has a pvalue of 1 - \frac{\alpha}{2}.

The margin of error is:

M = z\sqrt{\frac{\pi(1-\pi)}{n}}

For this problem, we have that:

\pi = 0.4

95% confidence level

So \alpha = 0.05, z is the value of Z that has a pvalue of 1 - \frac{0.05}{2} = 0.975, so Z = 1.96.

The researcher wishes to be accurate within 2% of the true proportion. Find the minimum sample size necessary?

We need a sample size of n.

n is found when M = 0.02. So

M = z\sqrt{\frac{\pi(1-\pi)}{n}}

0.02 = 1.96\sqrt{\frac{0.4*0.6}{n}}

0.02\sqrt{n} = 1.96*\sqrt{0.4*0.6}

\sqrt{n} = \frac{1.96*\sqrt{0.4*0.6}}{0.02}

(\sqrt{n})^{2} = (\frac{1.96*\sqrt{0.4*0.6}}{0.02})^{2}

n = 2304.96

Rounding up

The minimum sample size necessary is 2305.

8 0
3 years ago
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