10 is the default base for a logarithm
log of 50 is equal to log base 10 of 50
Answer:
The amount after 4 years = $ 16198.87
Step-by-step explanation:
Points to remember
Compound interest
A = P[1 + R/n]^nt
Were A - Amount
P - Principle
R - Rate of interest
t - Number of years
n - Number of times compounded
<u>To find the amount</u>
Here P = $11,800, R = 8% = 0.08, t = 4 years and n = 4 times
A = P[1 + R/n]^nt
= 11800[1 + 0.08/4]^(4 * 4)
= 16198.87
Therefore amount after 4 years = $ 16198.87
I believe the problem ask for s which is the standard
deviation. We must recall that the formula for z statistic is stated as:
z = (x – x over bar) / s
Where,
z = z statistic = 2.5
x = sample value or sample score = 102
x over bar = the sample mean or sample average = 100
s = standard deviation = unknown
Rewriting the equation in terms of s:
s = (x – x over bar) / z
Substituting the given values into the equation:
s = (102 – 100) / 2.5
s = 0.8
Therefore the standard deviation s is 0.8
Y=10x+250
The slope represents the amount of money added in per month, and the y-intercept represents the original amount.
Hope this helps!
