Determine the value of the account if the initial investment is $8,000 compounded monthly at a rate of 6% after 10 years
1 answer:
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Answer:
Step-by-step explanation:
<h3> The complete exercise is: "Omar works as a tutor for $15 an hour and as a waiter for $7 an hour. This month, he worked a combined total of 83 hours at his two jobs. Let "t" be the number of hours Omar worked as a tutor this month. Write an expression for the combined total dollar amount he earned this month."</h3><h3 />Let be "t" the number of hours Omar worked as a tutor this month and "w" the number of hours Omar worked as a waiter this month.
Based on the data given in the exercise, you know that Omar worked a combined total of 83 hours this month.
Then, you can represent the number of hours he worked as a waiter this month with this equation:
Since he earns $15 per hour working has a tutor and $7 per hour working as a waiter, you can write the following expresion to represent the total money earned:
Since , you can substitute it into the expression and then simplify it in order to find the final expression that represents the total amount of money Omar earned this month.
This is:
Answer:
The standard deviation of X is 0.7
Step-by-step explanation:
We are given the following distribution:
x: 0 1 2 3
P(x): 0.3 0.5 0.2 0.4
We have to find the standard deviation of X.
Formula:
Thus, the standard deviation of X is 0.7