Casandra is training for a 10 mile race. On the first day of running training she runs 4 miles, each day after that she adds on
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Answer:
The value of this investment at the end of the 5 years is of $662.5.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Dina invests $600 for 5 years at a rate of 2% per year compound interest.
This means that . Thus
Calculate the value of this investment at the end of the 5 years.
This is A(5). So
The value of this investment at the end of the 5 years is of $662.5.
Answer:
0.509
Step-by-step explanation:
Given that a random sample of 1016 adults in a certain large country was asked "Do you pretty much think televisions are a necessity or a luxury you could do without?"
Of the 1016 adults surveyed, 517 indicated that televisions are a luxury they could do without.
To find out the point estimate of population proportion of adults in the country who believe that televisions are a luxury they could do without.
We find that point estimate is nothing but sample proportion
Sample proportion = favourably voters/total people surveyed
=