Answer:
$2,675
Step-by-step explanation:
7% of $2,500 is $175. Adding $2,500 and $175 gets you $2,675
Hope this helps, and I’d appreciate brainliest but if not it’s okay!
Answer:
B
Step-by-step explanation:
1. Find where the line crosses on the y-axis
2. Find two corresponding points on the graph and do the rise/run method, which in this problem is 4/1 or 4( 4÷1= 4)
- When the line is like this / you rise from up and run to the right(positive), but when it is like this \ you rise from down and run to left (negative)
Ps: You should have taken the picture at a different angle 'cause I can see what you looks like and see part of your room.
Hope I was helpful =)
Answer:
A(n) = 100(1.1)^n
Step-by-step explanation:
Given that :
Account balance = A(n)
Compound interest paid = 10%
We need to obtain the initial amount deposited, that is A(n), when n = 0
In year, n = 1
Account balance, A(n) = $110
Let initial deposit = P
Hence,
Compound interest relation should be ;
A(n) = P(1 + r)^n
Plugging in our values
110 = P(1 + 0.1)^1
110 / P = 1.1^1
110/P = 1.1
110 = 1.1P
P = 110 / 1.1
P = 100
Hence, we can define the amount paid inn n years by substuting the value of P into the compound interest formula :
A(n) = 100(1 + 0.1)^n
A(n) = 100(1.1)^n
Answer:
Part (a) The value of Z is 0.10396. Part (b) The value of Z is 0.410008.
Step-by-step explanation:
Consider the provided information.
Part (a)
In order to find the number z such that the proportion of observations that are less than z in a standard Normal distribution is 0.5414, simply find 0.5414 in the table and search for the appropriate Z-value.
Now, observing the table it can be concluded that the value of Z is 0.10396.
Part (b)
Consider the number 65.91%
The above number can be written as 0.6591.
Now, find 0.6591 in the table and search for the appropriate Z-value.
By, observing the table it can be concluded that the value of Z is 0.410008.
