Answer:
$625 (but it's really $763.14)
Step-by-step explanation:
Use the formula I=P(1+r)^t
April=25000(1.04)^5=$30416.32
May=25000(1.0375)^6=$31179.46
$31179.46-$30416.32=$763.14
So $625 is the closest answer
Answer:
17.41 Dollars
Step-by-step explanation:
First, you take the discount, which is 2 dollars, so now the cost without any additional costs is 22 dollars. Next, find 8 percent of 22 by multipling 22*0.08 and then you get 1.76. Subtract that from 22 and 20.24. Then take 14 percent of 20.24 by multiplying it by 0.14, which you get 2.8336. Round that down and you get 2.83. Subtract that from that and you get 17.41.
Answer:
a)
And we can find this probability using the normal standard table or excel and we got:
b)
And we can find this probability using the complement rule and the normal standard table or excel and we got:
Step-by-step explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".
Part a
Let X the random variable that represent the time for the step 1 and Y the time for the step 2, we define the random variable R= X+Y for the total time and the distribution for R assuming independence between X and Y is:
Where and
We are interested on this probability
And the best way to solve this problem is using the normal standard distribution and the z score given by:
If we apply this formula to our probability we got this:
And we can find this probability using the normal standard table or excel and we got:
Part b
And we can find this probability using the complement rule and the normal standard table or excel and we got:
Answer: a. f(n+1) = f(n) + 20
Step-by-step explanation: