Answer:
8,229,437 cents
Step-by-step explanation:
Using the compound interest formula;
A = P(1+r)^n
Given
Principal invested = $37700
rate r = 5% = 0.05
Time t = 16years
Substitute into the formula
A = 37700(1+0.05)^16
A = 37700(1.05)^16
A = 37700(2.1829)
A = 82,294.37
Hence the amount of money, to the nearest cent, in the account after 16 years is 8,229,437 cents
Answer:
For this case the value of r = -0.66
Now we can calculate the determination coeffcient:

And then we can conclude that 43.56% of the variation in y can be explained by the explanatory variable
And then 100-43.56 = 56.44 % of the variation in y that cannot be explained by the explanatory variable
Step-by-step explanation:
For this case we need to calculate the slope with the following formula:
Where:
And we can find the intercept using this:
And the model obtained for this case is:

The correlation coefficient is a "statistical measure that calculates the strength of the relationship between the relative movements of two variables". It's denoted by r and its always between -1 and 1.
And in order to calculate the correlation coefficient we can use this formula:
For this case the value of r = -0.66
Now we can calculate the determination coeffcient:

And then we can conclude that 43.56% of the variation in y can be explained by the explanatory variable
And then 100-43.56 = 56.44 % of the variation in y that cannot be explained by the explanatory variable
Answer:
A
Step-by-step explanation:
I got it lol
Each term is (the previous term increased by 20).
The next 3 terms are <em>114, 134, 154 .</em>
For the answer to the question above, I'll provide a computation to the problem given and it will look like this.
<span>
M = 2345 × (0.0204166667 (1 + 0.0204166667)^(12×7)) / ((1 + 0.0204166667)^(12×7) - 1)
So the answer is
M= </span><span>$58.61
I hope my answer helped you with your problem. Have a nice day!
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