A continuously compounded account starts with $2500 in principal. The annual interest rate is 11.3%. What is the balance after 1
5 years?
2 answers:
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We have a class of a total of 267 students.
The professor has a sample of 59 students, where 22 of them did not complete their essays.
This equals a proportion of:
If this sample is representative of the class, we can use this proportion to estimate how many students did not complete the essay.
To do that we multiply the total number of students by the proportion we have just calculated:
Answer: it can be estimated that approximately 100 students did not finish their essay.
Answer:
Step-by-step explanation:
Given :
We have to evaluate the sum.
Consider , the given sum
Apply the sum rule,
we have,
Consider first,
Applying sum formula,
Here, n = 4, we get,
Now consider
Therefore,
Thus,