What is the coefficient of b in the expression b + 10? Explain.
1 answer:
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You can use the simple interest formula
We need P, which is the primary (or principal) investment, and we know that:
rate = 3% (0.03)
time = 7
i = $25000
So, just plug in and solve:
The company needs to invest $5250 today, to make $25000 in 7 years.
We need P, which is the primary (or principal) investment, and we know that:
rate = 3% (0.03)
time = 7
i = $25000
So, just plug in and solve:
The company needs to invest $5250 today, to make $25000 in 7 years.
Given the population mean is and population standard deviation is
.
Now sample mean is and standard deviation of the sample mean is
.
Use Z-score for finding the probabilities. Use a standard normal distribution table.
a)The probability
b)The probability
c)The probability