Which of the following statements cannot be assumed from the diagram?
1 answer:
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Answer:
The amount that we should deposit in each bank is around $942.
Step-by-step explanation:
Case 1:
A=$1000
n = 12
t = 2
r = 3% or 0.03
p = ?
The compound interest formula is :
Substituting values in the formula;
=>
=>
p = $941.84
Case 2:
A=$1000
n = 365
t = 2
r = 3% or 0.03
p = ?
=>
=>
p = $941.76
The amount that we should deposit in each bank is around $942.
Answer:
$29765.50
Step-by-step explanation:
Median is the middlemost value (or the average of the 2 middlemost value if there are even number of values) in an ascending order.
First, arrange the salary list in an ascending order.
$21,971 , $25,997 , $27,512 , $32,019 , $38,860 , $43,702
As we can see here, there are even number of values (6), so the median will be the average of the 2 middlemost value, which will be:
Median =
=
= $29765.50