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Lubov Fominskaja [6]
3 years ago
14

Your employer contributes $50 a week to your retirement plan. Assume that you work for your employer for another 20 years and th

at the applicable discount rate is 9 percent. Given these assumptions, what is this employee benefit worth to you today?
Mathematics
1 answer:
slamgirl [31]3 years ago
3 0

Answer:

Present value of contributions is $24,106.15

Step-by-step explanation:

Weekly rate=9%/52weeks= 0.173%

Weekly contributions $50

Number of weeks=20years×52weeks=1040

Present value of contribution=$50(1-[(1+9%/52)^-1040 /(9%/52)

Present value of contribution= $24,106.15

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Underage drinking, Part I: Data collected by the Substance Abuse and Mental Health Services Administration (SAMSHA) suggests tha
dezoksy [38]

Answer:

a. <u>Yes, there are 10 independent trials, each with exactly two possible outcomes, and a constant probability associated with each possible outcome.</u>

b. <u>The probability is 0.2029 or 20.29%</u>

c. <u>The probability is 0.2029 or 20.29%</u>

d. <u>The probability is 0.1671 or 16.71%</u>

e. <u>The probability is 0.9975 or 99.75%</u>

Step-by-step explanation:

<u>a. Yes, there are 10 independent trials, each with exactly two possible outcomes, and a constant probability associated with each possible outcome.</u>

b. Let's use the binomial distribution table, this way:

Binomial distribution (n=10, p=0.697)

 f(x) F(x) 1 - F(x)

x Pr[X = x] Pr[X ≤ x]

0 0.0000 0.0000

1 0.0002 0.0002

2 0.0016 0.0017

3 0.0095 0.0112

4 0.0384 0.0496

5 0.1059 0.1555

6 <u>0.2029</u> 0.3584

7 0.2668 0.6252

8 0.2301 0.8553

9 0.1176 0.9729

10 0.0271 1.0000

<u>The probability is 0.2029 or 20.29%</u>

c. If 69.7% of 18-20 years old consumed alcoholic beverages in 2008, therefore, 30.3% did not and the binomial distribution table is:

Binomial distribution (n=10, p=0.303)

 f(x) F(x) 1 - F(x)

x Pr[X = x] Pr[X ≤ x]

0 0.0271 0.0271

1 0.1176 0.1447

2 0.2301 0.3748

3 0.2668 0.6416

4 <u>0.2029</u> 0.8445

5 0.1059 0.9504

6 0.0384 0.9888

7 0.0095 0.9983

8 0.0016 0.9998

9 0.0002 1.0000

10 0.0000 1.0000

<u>The probability is 0.2029 or 20.29%</u>

d. Let's use the binomial distribution table, this way:

Binomial distribution (n=5, p=0.697)

 f(x) F(x) 1 - F(x)

x Pr[X = x] Pr[X ≤ x]

0 0.0026 0.0026

1 0.0294 0.0319

2 0.1351 <u>0.1671 </u>

3 0.3109 0.4779

4 0.3576 0.8355

5 0.1645 1.0000

P(0) + P(1) + P (2) = 0.0026 + 0.0294 + 0.1351

<u>The probability is 0.1671 or 16.71%</u>

e. Using the same binomial distribution table we used in d. we have:

P(1) + P (2) + P(3) + P(4) + P (5) = 0.0294 + 0.1351 + 0.3109 + 0.3576 + 0.1645

<u>The probability is 0.9975 or 99.75%</u>

7 0
3 years ago
Determine whether each integral is convergent or divergent. If it is convergent evaluate it. (a) integral from 1^(infinity) e^(-
AVprozaik [17]

Answer:

a) So, this integral is convergent.

b) So, this integral is divergent.

c) So, this integral is divergent.

Step-by-step explanation:

We calculate the next integrals:

a)

\int_1^{\infty} e^{-2x} dx=\left[-\frac{e^{-2x}}{2}\right]_1^{\infty}\\\\\int_1^{\infty} e^{-2x} dx=-\frac{e^{-\infty}}{2}+\frac{e^{-2}}{2}\\\\\int_1^{\infty} e^{-2x} dx=\frac{e^{-2}}{2}\\

So, this integral is convergent.

b)

\int_1^{2}\frac{dz}{(z-1)^2}=\left[-\frac{1}{z-1}\right]_1^2\\\\\int_1^{2}\frac{dz}{(z-1)^2}=-\frac{1}{1-1}+\frac{1}{2-1}\\\\\int_1^{2}\frac{dz}{(z-1)^2}=-\infty\\

So, this integral is divergent.

c)

\int_1^{\infty} \frac{dx}{\sqrt{x}}=\left[2\sqrt{x}\right]_1^{\infty}\\\\\int_1^{\infty} \frac{dx}{\sqrt{x}}=2\sqrt{\infty}-2\sqrt{1}\\\\\int_1^{\infty} \frac{dx}{\sqrt{x}}=\infty\\

So, this integral is divergent.

4 0
3 years ago
Twelve diminished by six times a number
Vilka [71]

<span>Twelve diminished by six times a number</span>

<span> </span>

<span>12 - 6x </span>

3 0
3 years ago
The graph shows the distance, y, in miles, of a moving motorboat from an island for a certain amount of time, x, in hours:
lisabon 2012 [21]

Answer:  The speed of the motorboat is 70 miles per hour

Step-by-step explanation:  Subtract the initial distance, 35, from the distance at any given time, then divide the remainder by the hours.

For example, at 2 hours, the distance shown on the graph is 175 miles

Subtract: 175 -35 = 140.  Then divide 140/2 = 70

At 4 hours, the distance shown is 315 miles.

Subtract: 315 - 35 = 280. Then divide  280/4 = 70

70 mph is the speed.

7 0
3 years ago
Find the y intercept of the line on the graph
OlgaM077 [116]

Answer:

Step-by-step explanation:

y-intercept is -4

4 0
3 years ago
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