Answer: 13.29%
Step-by-step explanation:
The formula to calculate the compound amount (compounded continuously) is given by :-
, where P is the principal amount , r is the rate of interest ( in decimal) and t is the time period.
Given : P= $ 35,000 , A= $257,000 and t=15 years
To find : r , we substitute all the values in the above formula , we get
Taking natural log on both the sides , we get
Hence, the annual interest rate = 13.29%
Step-by-step explanation:
the rhombus is both rectangle and square
Answer:
Center = (2,5)
Radius = 10
Choice A
To find this answer, first write the equation
(x-2)^2 + (y-5)^2 = 100
into
(x-2)^2 + (y-5)^2 = 10^2
Note how the second equation is in the form
(x-h)^2 + (y-k)^2 = r^2
We see that (h,k) = (2,5) is the center
and r = 10 is the radius
Solution :
Mean time for an automobile to run a 5000 mile check and service = 1.4 hours
Standard deviation = 0.7 hours
Maximum average service time = 1.6 hours for one automobile
The z - score for 1.6 hours = 
= 2.02
Now checking a normal curve table the percentage of z score over 2.02 is 0.0217
Therefore the overtime that will have to be worked on only 0.217 or 2.017% of all days.
