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Vitek1552 [10]
2 years ago
7

Find the final value of 2000 invested at an interest rate of 3% compounded quarterly for 8 years

Mathematics
2 answers:
kykrilka [37]2 years ago
8 0

Answer:

2540.22

Step-by-step explanation:

The equation

Final value=amount invested (1+(interest rate÷ quarter)) ^(quarter ×time)

Apply the given in the question to the equation

Final value=2,000×(1+(0.03÷4))^(4×8)

Final value=2540.22 the answer

Romashka [77]2 years ago
3 0

Answer:

2540.22

Step-by-step explanation:

amount = principal amount * (1+ r/n) ^ nt

r= interest rate as decimal

n=number of times interest is compounded

nt=time

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Tensile strength tests were performed on two different grades of aluminum spars used in manufacturing the wing of a commercial t
jekas [21]

Answer:

(12.1409, 14.0591

Step-by-step explanation:

Given that Tensile strength tests were performed on two different grades of aluminum spars used in manufacturing the wing of a commercial transport aircraft. From past experience with the spar manufacturing process and the testing procedure, the standard deviations of tensile strengths are assumed to be known.

Group   Group One     Group Two  

Mean 87.600 74.500

SD 1.000 1.500

SEM 0.316 0.433

N 10      12    

The mean of Group One minus Group Two equals 13.100

standard error of difference = 0.556

 90% confidence interval of this difference:  

(13.1-1.725*0.556,13.1+1.725*0.556)\\=(12.1409, 14.0591)

  t = 23.5520

 df = 20

4 0
3 years ago
suki has 54 rock songs 92 dance songs and 12 classical songs on her playlist what is the probability that the song will not be c
kvv77 [185]

Answer:

The probability that the chosen song is not a classical song is 92.4%.

Step-by-step explanation:

Given that Suki has 54 rock songs, 92 dance songs and 12 classical songs on her playlist, to determine what is the probability that the chosen song will not be a classical song, the following calculation must be performed:

54 + 92 + 12 = 158

158 - 12 = 146

158 = 100

146 = X

146 x 100/158 = X

14600/158 = X

92.4 = X

Therefore, the probability that the chosen song is not a classical song is 92.4%.

4 0
2 years ago
Read 2 more answers
What is the oppistite of 63
Lina20 [59]

Answer:

-63

Step-by-step explanation:

The opposite, or additive inverse of a number is found by changing the sign of the number. With the exception of zero, a number and its opposite (additive inverse) sum to zero.

3 0
2 years ago
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Is there a proportional relationship? A salt water solution for and aquarium calls for 35 parts of salt to 1000 parts of water t
morpeh [17]

Answer:

Yes

Step-by-step explanation:

To check proportionality :

35 α 1000

35 = 1000k

k = constant of proportionality ;

Divide both sides by 1000 to obtain k

35 / 1000 = 1000k / 1000

0.035 = k

For the ratio Given :

Ratio of 7 parts of salt and 200 parts of water

7 : 200

7 / 200

= 0.035

Since,

k = 0.035 ; 7 / 200 = 0.035

Hence, a proportional relationship exists.

7 0
2 years ago
What is the percentage 33% of $145.00
yan [13]

Answer:

47.85

Step-by-step explanation:

33% of 145

of means multiply

Changing to decimal form

.33* 145

47.85

5 0
3 years ago
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