The "mean" is the "average" you're used to, where you add up all the numbers and then divide by the number of numbers.
if you want to multiply mixed numbers you need to turn them into improper fractions
Answer:
$2159.07
Step-by-step explanation:
The compound interest formula is used to find the balance for the $1000 investment:
A = P(1 +r/n)^(nt)
A = 1000(1 +.012/12)^(12·10) = 1000·1.001^120 ≈ 1127.43
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For a 2% loss, the multiplier of the investment value is 1-.02 = 0.98. The value of the first $500 investment is ...
A = 500(1 -.02) = 490.00
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The continuous compounding formula is used for the second $500 investment.
A = Pe^(rt)
A = 500e^(.008·10) = 500e^.08 = 541.64
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The total value of Albert's investments is ...
$1127.43 +490 +541.64 = $2159.07
Answer:
√6+5 < 6+√5
Step-by-step explanation: