Complete question is;
Mia is tracking her savings account balance. She knows the equation y = 8000p^(t) can be used to find her balance y in any year t, but she can't remember what p represents. Her balance 3⅔ years after opening her account, is $9,905.54. What is the value of p?
Answer:
p = 1.06
Step-by-step explanation:
We are told that the equation y = 8000p^(t) can be used to find her balance y in any year t.
Now, we are given t = 3⅔ = 11/3 years
Also, we are given balance after 11/3 years as;
y = $9,905.54
Thus;
Plugging the relevant values into y = 8000p^(t), we have;
9,905.54 = 8000p^(11/3)
p^(11/3) = 9905.54/8000
p = (9905.54/8000)^(3/11)
p = 1.06
Answer:
Step-by-step explanation:
<u>Given:</u>
<u>Find z-score:</u>
- z = (x - μ)/σ
- z = (104 - 80)/12 = 2
Percent value corresponding to 2 as per z-table is 0.9772. This is corresponding to 97.72%.
<u>Percentage of students earned more than $104:</u>
Step-by-step explanation:
11(2y+1)
hope it helps.....
