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butalik [34]
3 years ago
10

You invest 1300 in a account that pays an interest rate of 4.75% what's the balance after 5 years ?

Mathematics
1 answer:
UNO [17]3 years ago
4 0
Total = Principal * (1 + rate)^years
Total = 1,300 * (1.0475) ^ 5
Total = 1,300 * <span> <span> <span> 1.2611599139 </span> </span> </span>
Total = <span> <span> <span> 1,639.5</span></span></span>1


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Answer:

The minimum score required for an A grade is 88.

Step-by-step explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

\mu = 77.8, \sigma = 8.5

Find the minimum score required for an A grade.

Top 12%, which is at least the 100-12 = 88th percentile, which is the value of X when Z has a pvalue of 0.88. So it is X when Z = 1.175.

Z = \frac{X - \mu}{\sigma}

1.175 = \frac{X - 77.8}{8.5}

X - 77.8 = 1.175*8.5

X = 87.8

Rounding to the nearest whole number

The minimum score required for an A grade is 88.

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Answer:

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Step-by-step explanation:

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