Answer: Fifth grade mean: 4.67
Seventh grade mean: 3.46
Fifth grade median: 5
Seventh grade median: 3.5
Step-by-step explanation: I just did the question
Assuming he had not dealt with the bank offering plan B before, he has nothing deposited two years back. Hence plan B only gives him only 0.2% annual interest for his deposit.
Plan A gives 0.25% for his deposit all the time.
So plan A is more advantageous.
For durations,
To reach $1,000,000 from $100,000, the money needs to grow 10 fold, or
(1+i)^n=10
n=log(10)/log(1+i).
So for plan A:
n=log(10)/log(1.0025)=922.18 years, while for
plan B
n=log(10)/log(1.0020)=1152.44 years.
Hope the bank(s) still exist at that time.
The first option is the correct choice of answers.
In mathematics, a rational number is a number that can be expressed as the quotient or fraction p/q of two integers, a numerator p and a non-zero denominator q. Since q may be equal to 1, every integer is a rational number.
65 % is bigger than 16/25
