Given: Purchasing value of car = $19,700,
Rate of depriciation = 10% per year.
To find: Final value of car after after 6 years.
Solution : Because rate of car is being depriciated exponential. So, we would exponential formula.
Where, P is the purchase value, k is the rate of depriciation and t is the number of years.
Plugging values P = 19,700, r=10% that is 0.10 and t= 6 in above formula.
A= 19,700 (0.54881163609)
A= 10811.5892311.
Rounding to the nearest penny (two decimal places0.
A= 10811.59.
Therefore, Final value of car after after 6 years = $ 10811.59
Step-by-step explanation:
if each the bonus is shared equally each will get 420
if 40% is shared by managers each manager will get 560
if 7 sales persons share 60% each will get 360
therefore Peter salesperson will get 360
but he thinks he will get 336 because if 420 is 125% that is including his extra 25% then hundred percent of the 420 is 336 which is not what he will get there for Janet is correct
Answer:
$8,864.73
Step-by-step explanation:
Base amount: $6,000.00
Interest Rate: 5% (yearly)
Effective Annual Rate: 5%
Calculation period: 8 years
Answer:
0.069
Step-by-step explanation:
The given data set is
0.92, 0.87, 0.88, 0.82, 0.82, 0.87, 0.97, 0.86, 0.89, 0.84, 0.81, 0.88, 0.77, 0.86, 0.93, 0.84, 0.72, 0.82, 0.74, 0.83, 0.93, 0.75, 0.79, 0.91, 0.84, 0.91, 0.88, 0.88, 0.83, 0.78, 0.99, 0.81, 0.78, 0.75, 0.82, 0.76, 0.82, 0.87, 0.91, 0.77, 0.72, 0.94, 0.71, 0.73, 0.81, 0.81, 0.86, 0.93, 0.93, 0.82.
Formula for mean:
Sum of all terms = 41.98
Mean of the data set is
Formula for standard deviation for population:
Formula for standard deviation for sample:
Therefore, the standard deviation of the data set is 0.069.