Answer:
When using formulas in application, or memorizing them for tests, it is helpful to note the similarities and differences in the formulas so you don’t mix them up. Compare the formulas for savings annuities vs payout annuities.
Savings Annuity Payout Annuity
P
N
=
d
(
(
1
+
r
k
)
N
k
−
1
)
(
r
k
)
P
0
=
d
(
1
−
(
1
+
r
k
)
−
N
k
)
(
r
k
)
PAYOUT ANNUITY FORMULA
P
0
=
d
(
1
−
(
1
+
r
k
)
−
N
k
)
(
r
k
)
P0 is the balance in the account at the beginning (starting amount, or principal).
d is the regular withdrawal (the amount you take out each year, each month, etc.)
r is the annual interest rate (in decimal form. Example: 5% = 0.05)
k is the number of compounding periods in one year.
N is the number of years we plan to take withdrawals
Answer:
Solve for
x
x
by simplifying both sides of the equation, then isolating the variable.
x
≈
0.25181781
Step-by-step explanation:
Answer:
0.6170
Step-by-step explanation:
Given that a manufacturing process is designed to produce bolts with a 0.25-in. diameter.
i.e. no of bolts which are produced as per standard is X means then
X is normal with mean = 0.250 and std dev = 0.04
No of bolts tested = 36
If this mean falls outside the interval (0.230,0.270) the production would be shut down.
i.e. P(|x-25|>0.20) =production shut down probability
Answer:
e= 2x-4
Step-by-step explanation:
the opposite of e is 2x-4.
Answer:
B. The area of 26 meters.
Step-by-step explanation:
