X to the 2nd power+10 EVALUATE IF x=5 please help i have no braincells
1 answer:
You might be interested in
1) Since this is a Continuously Compounded operation in a 10 yrs period, then we can write out the following equation:
2) Plugging into the equation the given data and since Otto is 20 yrs old and he plans to get $4,000 in ten years, we can write out:
3) Thus the rate Otto needs is
Note that since the 0.1386 the six here is greater than 5 then we can round up to the next thousandth, in this case: 0.139. For the 0.1386 is closer to 0.139 (0.004) than to 0.138 (0.006).
Or 13.9%
Answer: 5.37
Step-by-step explanation:
Let x = ACT scores.
Given: ACT scores have a mean of 20.8 and 9 percent of the scores are above 28. The scores have a distribution that is approximately normal.
i.e. P(X>28)=0.09 (i)
Now,
(ii)
One -tailed z value for p-value of 0.09 =1.3408 [By z-table]
From (i) and (ii)
Hence, the standard deviation = 5.37