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%
Answer:
615,000
Step-by-step explanation:
When you "round to the nearest _____" regardless of what goes in the blank the steps are nearly always the same:
Identify which place value you are rounding to. The smaller the place value, the more accurate the final result will be.
Look to the next smallest place value, the digit to the right of the place value you're rounding to. For example, if you want to round to the nearest ten you'd look at the ones place.
If the digit in the next smallest place value is less than five (0, 1, 2, 3, or 4), you leave the digit you want to round to as-is. Any digits after that number (including the next smallest place value you just looked at) become zeros, or drop-off if they're located after the decimal point. This is called rounding down.
If the next smallest place value is greater than or equal to five (5, 6, 7, 8, or 9), you increase the value of the digit you're rounding to by one (+1). Just like before, any remaining digits before the decimal point become zeros, and any that are after the decimal point are dropped. This is called rounding up.
The range of the following relation R {(3, −2), (1, 2), (−1, −4), (−1, 2)} is Your answer: {−1, 1, 3} {−1, −1, 1, 3} {−4, −2, 2,
nalin [4]
Answer:
The range is all the y values.
Therefore, the range is : {-4,-2,2}.....I realize choice c has all the y values listed, however, if u have repeating y values, u only have to list it once.
Step-by-step explanation:
100 because 99.9999 nearest to any number on there would be 100
Answer: (a)
P - Value = 0.0981 is high, this indicates stronger evidence that we should fail to reject the null hypothesis: H0: pD = pR (There is no significant difference between the proportion of Democrats who plan to vote for the Democratic candidate in the upcoming election and the proportion of Republicans who plan to vote for the Republican candidate in the upcoming election). P - Value = 0.0981 is the probability of obtaining results at least as extreme as the observed results of the Hypothesis Test, assuming that the null hypothesis is correct.
(b)
Since P - Value = 0.0981 is greater than \alpha = 0.05, the difference is not significant. Fail to reject null hypothesis.
(c)
Since in the Hypothesis Test, we have failed to reject null hypothesis, we could have made: Type II Error: Failure to reject a false null hypothesis. One potential consequence of this error is as follows:
Suppose in reality there is significant difference between the proportion of Democrats who plan to vote for the Democratic candidate in the upcoming election and the proportion of Republicans who plan to vote for the Republican candidate in the upcoming election. But the political pollster wrongly concludes that there is no significant difference between the proportion of Democrats who plan to vote for the Democratic candidate in the upcoming election and the proportion of Republicans who plan to vote for the Republican candidate in the upcoming election. Type II Error is committed in this situation. The consequence of this Type II Error is that the political pollstar will that the political parties are loyal and will not do any follow up work whereas in reality it is not so.
Step-by-step explanation:
got this from chegg!!!
