P-8+6p=2p+7
7p-8=2p+7
5p=15
p=3
the answer is 1
Answer:
Step-by-step explanation:
A suitable table or calculator is needed.
One standard deviation from the mean includes 68.27% of the total, so the number of bottles in the range 20 ± 0.16 ounces will be ...
0.6827·26,000 = 17,750 . . . . . within 20 ± 0.16
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The number below 1.5 standard deviations below the mean is about 6.68%, so for the given sample size is expected to be ...
0.66799·26,000 = 1737 . . . . . below 19.76
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<em>Comment on the first number</em>
The "empirical rule" tells you that 68% of the population is within 1 standard deviation (0.16 ounces) of the mean. When the number involved is expected to be expressed to 5 significant digits, your probability value needs better accuracy than that. To 6 digits, the value is 0.682689, which gives the same "rounded to the nearest integer" value as the one shown above.
Answer: the value of the account after 6 years is $101559.96
Step-by-step explanation:
If $64,000 is invested in an IRA account, then
Principal = $64,000
So P = 64,000
The rate at which $64000 was compounded is 8%
So r = 8/100 = 0.08
If it is compounded once in a year, this means that it is compounded annually (and not semi annually, quarterly or others). So
n = 1
We want to determine the value of the account after 6 years, this means
time, t = 6
Applying the compound interest formula,
A = P(1 + r/n)^nt
A = amount after n number of years
A = 64000( 1 + 0.08/1)^1×6
A = 64000(1.08)^6
A= 64000×1.58687432294
A= 101559.956668416
Approximately $101559.96 to 2 decimal places