Answer:
a. the investment earns 4%
b. yes
Step-by-step explanation:
The "rule of 72" says that an investment earning compound interest at x% will double in value after 72/x years. That is, ...
f(x) = 72/x
__
<h3>a.</h3>
We interpret f(4) to mean Becky's friend is interested in the doubling time for an investment that earns 4% interest.
__
<h3>b.</h3>
Using the above formula, ...
f(4) = 72/4 = 18
The friend's math is correct.
Answer:
The sales level that has only a 3% chance of being exceeded next year is $3.67 million.
Step-by-step explanation:
When the distribution is normal, we use the z-score formula.
In a set with mean
and standard deviation
, the zscore of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this question, we have that:
In millions of dollars,

Determine the sales level that has only a 3% chance of being exceeded next year.
This is the 100 - 3 = 97th percentile, which is X when Z has a pvalue of 0.97. So X when Z = 1.88.




The sales level that has only a 3% chance of being exceeded next year is $3.67 million.
The only way 3 digits can have product 24 is
1 x 3 x 8 = 241 x 4 x 6 = 242 x 2 x 6 = 242 x 3 x 4 = 24
So the digits comprises of 1,3,8 or 1,4,6, or 2,2,6, or 2,3,4
To be divisible by 3 the sum of the digits must be divisible by 3.
1+ 3+ 8=12, 1+ 4+ 6= 11, 2 +2 + 6=10, 2 +3 + 4=9Of those sums of digits, only 12 and 9 are divisible by 3.
So we have ruled out all but integers whose digits consist of1,3,8, and 2,3,4.
Meanwhile they must be odd they either must end in 1 or 3.
The only ones which can end in 1 are 381 and 831.
The others must end in 3.
They must be greater than 152 which is 225. So the
First digit cannot be 1. So the only way its digits can contain of1,3,8 and close in 3 is to be 813.
The rest must contain of the digits 2,3,4, and the only way they can end in 3 is to be 243 or 423.
So there are precisely five such three-digit integers: 381, 831, 813, 243, and 423.
Answer:
108 = x
Step-by-step explanation:
multiple both sides by 24 and simplify
9 x 24 = 216/2=x
108 = x