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rjkz [21]
4 years ago
8

Gary invested $1,000 into an account earning interest at an annual rate of 5% compounded annually. Each year, he deposited an ad

ditional $1,000, and made no withdrawals. When he closed the account, he had a balance of $4,525.64. How much interest would Gary earn in that same time if he invests $10,000 and deposits $10,000 into the account each year?
Mathematics
1 answer:
coldgirl [10]4 years ago
6 0
This one is too complicated for me
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What is the average (arithmetic mean) of the first 90 measurements in a certain list of 92 measurements? (1) the average of the
marishachu [46]
The sum of all the measurements is just the average times the number.

\bar x = \frac{1}{n} \sum_{i=1}^n x_i

\sum_{i=1}^n x_i = n \bar x

So if the average of all 92 is 7 the sum of those is 92 \times 7

The average of the last two is 7.2 so their sum is 2 \times 7.2

That means the sum of the first 90 is 92 \times 7 - 2 \times 7.2

so the average of the first 90 is

 \dfrac{92 \times 7 - 2 \times 7.2}{90} = 6.99556 cm



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