Answer:
11.4 years
Step-by-step explanation:
We assume you want to know the time it takes for Lucy's investment of $1200 to have a value of $6400. The compound interest formula is good for finding that.
FV = P(1 +r/n)^(nt)
for principal P invested at rate r per year for t years, compounded n times per year. We want to find t such that ...
6400 = 1200(1 +0.15/4)^(4t)
16/3 = 1.0375^(4t) . . . . divide by 1200
log(16/3) = 4t·log(1.0375) . . . . take logarithms
t = log(16/3)/(4·log(1.0375)) ≈ 11.4
It will take about 11.4 years for Lucy's investment value to be $6400.
Answer:
The answer is t=4 s
Step-by-step explanation:
Answer:
$936
Step-by-step explanation:
10% is just divided by 10 so 9360 divided by 10 is 936
A correlation coefficient is always a value in between -1 and 1
The closest a coefficient to -1, the correlation is a strong negative correlation
The closest a coefficient to 1, the correlation is a strong positive correlation
The closest a coefficient to 0, there is no correlation at all
The coefficient -0.61 shows a strong negative correlation
This means that the relationship between the age and the violation is an inverse relationship; as age increases, violation decreases
Answer: option C
