Answer:
_ is equal to 28
Step-by-step explanation:
numerator is multiplied by 4, therefore, due to the equal sign, the denominator must also by multiplied by 4
Answer:
Choose the first one and second and the last one.
Step-by-step explanation:
This is an simple
Answer:
<u>The future value of this investment after 10 years is US$ 5,152.58</u>
Step-by-step explanation:
1. Let's review the data given to us for solving the question:
Investment = US$ 2,500
Annual interest rate = 7.5% compounded annually
Duration of the investment = 10 years
2. Let's find the future value of this investment after 10 years, using the following formula:
FV = PV * (1 + r) ⁿ
Replacing with the real values, we have:
FV = 2,500 * (1 + 0.075) ¹⁰
FV = 2,500 * 1.0075¹⁰
FV = 2,500 * 2.06103
<u>FV = US$ 5,152.58</u>
Answer:
1) B
2)A
Step-by-step explanation:
1) The only on that made sense really!
2) Also the only one that made sense!
Answer:
69.5%
Step-by-step explanation:
A feature of the normal distribution is that this is completely determined by its mean and standard deviation, therefore, if two normal curves have the same mean and standard deviation we can be sure that they are the same normal curve. Then, the probability of getting a value of the normally distributed variable between 6 and 8 is 0.695. In practice we can say that if we get a large sample of observations of the variable, then, the percentage of all possible observations of the variable that lie between 6 and 8 is 100(0.695)% = 69.5%.
