The amount needed in the account when Frost retires is given by the annuity formula. Compounding is 2 times per year.
.. A = Pi/(n(1 -(1 +r/n)^(-nt)))
.. 17900 = P*.08/(2*(1 -(1 +.08/2)^(-2*12)))
.. 17900 = P*.04/(1 -(1.04^-24))
.. P ≈ 272,920.64
The compound interest formula can be used to find the present value required. 4015 days is 11 years (ignoring leap years), so the amount to deposit can be calculated from
.. A = P*(1 +r/n)^(nt)
.. 272,920.64 = P*(1 +.08/2)^(2*11) = P*1.04^22
.. P ≈ 115,160.33
We don't know about the company's obligation to Robert. To fulfill its obligation to Frost, it must deposit 115,160.33 today.
Answer:
6
Step-by-step explanation:
x=6
ax+bx=cx
10+bx=16
10+6=16
x=6
Answer:
0.6710
Step-by-step explanation:
The diameters of ball bearings are distributed normally. The mean diameter is 107 millimeters and the population standard deviation is 5 millimeters.
Find the probability that the diameter of a selected bearing is between 104 and 115 millimeters. Round your answer to four decimal places.
We solve using z score formula
z = (x-μ)/σ, where
x is the raw score
μ is the population mean = 107 mm
σ is the population standard deviation = 5 mm
For x = 104 mm
z = 104 - 107/5
z = -0.6
Probability value from Z-Table:
P(x = 104) = 0.27425
For x = 115 mm
z = 115 - 107/5
z = 1.6
Probability value from Z-Table:
P(x = 115) = 0.9452
The probability that the diameter of a selected bearing is between 104 and 115 millimeters is calculated as:
P(x = 115) - P(x = 104)
0.9452 - 0.27425
= 0.67095
Approximately = 0.6710
Speed of trucks= x speed of trains =x-30 A loaded
Answer:
Step-by-step explanation:
This is because you use Pythagorean theorem. a^2 + b^2 = c^2.
