Answer:
Kindly check explanation and attached picture
Step-by-step explanation:
Given the time-series data:
Time (x) : 1 - - 2 - - 3 - - - 4 - - - 5
Data (yt) :6 - - 11 - - 9 - - 14 - - 15
The pattern which exists within the data is a linear pattern which could be inferred through the observable decrement and Incremental change in the y values at a steady or constant rate with time. The second attachment shows the linear trend line of the data.
Answer:
Use the formula for calculating compound interest PN=P0(1+rk)Nk where P0 is the unknown, PN=10,000, N=10, k=1, and r=0.015. Substitute the values into the formula and simplify.
10000=P(1+0.0151)1⋅10
10000=P(1.015)10
10000=P(1.16054...)
8616.67=P
Therefore, rounded to the nearest dollar, the initial investment needs to be $8617 to have $10,000 in 10 years.
Step-by-step explanation:
$3.23 = 4 1/5c - .55
4 1/5c = the pounds of plums, and the cost of each pound. - .55 represents subtracting the coupon.
