Based on the information, Christian would have $5525.5 of an annuity.
<h3>How to calculate the annuity?</h3>
According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12
Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of the annuity.
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Answer:
The number of minutes advertisement should use is found.
x ≅ 12 mins
Step-by-step explanation:
(MISSING PART OF THE QUESTION: AVERAGE WAITING TIME = 2.5 MINUTES)
<h3 /><h3>Step 1</h3>
For such problems, we can use probability density function, in which probability is found out by taking integral of a function across an interval.
Probability Density Function is given by:

Consider the second function:

Where Average waiting time = μ = 2.5
The function f(t) becomes

<h3>Step 2</h3>
The manager wants to give free hamburgers to only 1% of her costumers, which means that probability of a costumer getting a free hamburger is 0.01
The probability that a costumer has to wait for more than x minutes is:

which is equal to 0.01
<h3>
Step 3</h3>
Solve the equation for x

Take natural log on both sides

<h3>Results</h3>
The costumer has to wait x = 11.53 mins ≅ 12 mins to get a free hamburger
Answer: D. Check Desmos for confirmation. Its your best friend for Graphing.
Step-by-step explanation:
Answer:
Cactus Juice
Step-by-step explanation:
After drinking cactus juice, Sokka begins to hallucinate. Katara, Sokka, Toph, and Momo stagger tiredly through the desert.
Answer:
C: Divide both sides by 3
F: Division property of equality
Step-by-step explanation:
