Answer:
3.98%
Step-by-step explanation:
R = $17,300/$435,000 = .0398, or 3.98%
Answer:
Choice A
Step-by-step explanation:
You take the x value and plug it into the formula to see if the answer lines up with the table
Answer:
It will take an interest rate of 8.1% to get 150% of the initial investment in just 5 years.
Step-by-step explanation:
Use the formula for continuous compounding

where r stands for the (annual) interest rate, t for time in years, P for the initial principal (investment) and X is the amount after t years.
(this formula can be beautifully derived from just basic considerations, btw)
We are given t=5, and percent increase on the initial P, so we can solve for r

It will take an interest rate of 8.1% to get 150% of the initial investment in just 5 years.
Answer:
0.942 is the required probability.
Step-by-step explanation:
We are given the following in the question:
x is a binomial random variable with n = 5 and p = 0.8.
Then,
where n is the total number of observations, x is the number of success, p is the probability of success.
We have to evaluate:

0.942 is the required probability.
Answer:
Neither
Step-by-step explanation:
Check if it's arithmetic:
-8, -3, 6, 11, -22
+5 +6 +5 -33
Nope
Check if geometric:
-8, -3, 6, 11, -22
*3/8 *-2 *11/6 *-2
Nope
So it's neither