Population is 200 and sample is 30
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The value of the investment in 5 years is $5805.9
<h3>What is Interest ?</h3>
Interest is the amount earned over years for the amount invested.
It is given that
Principal = $5000
Rate = 3%
Compounded Quarterly
Time = 5 years
Amount = ?
The Amount is given by the formula
Amount = P( 1 + (r/n))ⁿˣ
Here n = t = time period for which the investment has been done.
Amount = 5000( 1+(3/4 * 100)⁴ˣ⁵
Amount = 5000 (1.16)
Amount = $ 5805.9
Therefore , The value of the investment in 5 years is $5805.9
To know more about Interest
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Step-by-step explanation:
Given.


Take the second equation and subtract 2y to both sides.


Substitute x into the first equation and simplify.




Invert.

Substitute Y into your second equation.



Add -6 to both sides.


Answer:
(6, -3)
Answer:
Step-by-step explanation:
1) Let the random time variable, X = 45min; mean, ∪ = 30min; standard deviation, α = 15min
By comparing P(0 ≤ Z ≤ 30)
P(Z ≤ X - ∪/α) = P(Z ≤ 45 - 30/15) = P( Z ≤ 1)
Using Table
P(0 ≤ Z ≤ 1) = 0.3413
P(Z > 1) = (0.5 - 0.3413) = 0.1537
∴ P(Z > 45) = 0.1537
2) By compering (0 ≤ Z ≤ 15) ( that is 4:15pm)
P(Z ≤ 15 - 30/15) = P(Z ≤ -1)
Using Table
P(-1 ≤ Z ≤ 0) = 0.3413
P(Z < 1) = (0.5 - 0.3413) = 0.1587
∴ P(Z < 15) = 0.1587
3) By comparing P(0 ≤ Z ≤ 60) (that is for 5:00pm)
P(Z ≤ 60 - 30/15) = P(Z ≤ 2)
Using Table
P(0 ≤ Z ≤ 1) = 0.4772
P(Z > 1) = (0.5 - 0.4772) = 0.0228
∴ P(Z > 60) = 0.0228