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fenix001 [56]
3 years ago
14

If you deposit $5000 at the end of each year for 30 years using an annual interest rate of 9% compounded annually, how much mone

y will you have after 30 years?
Mathematics
1 answer:
hichkok12 [17]3 years ago
6 0
$163,500

5000(0.09) x 30 = 13,500
5000 x 30 = 150,000
Altogether 163,500
You might be interested in
The following data shows the quarterly profit (in thousands of dollars) made by a particular company in the past 3 years.
laiz [17]

Answer:

208.82 ; 61.33

Step-by-step explanation:

Given the data:

Year Quarter Profit ($1000s)

1 1 45

1 2 51

1 3 72

1 4 50

2 1 49

2 2 45

2 3 79

2 4 54

3 1 42

3 2 58

3 3 70

3 4 56

The 3 period moving average :

Yr Qtr Profit ($1000s)Pt ____ Ft ____ e=(PT-Ft)²

1 _ 1 ___45 __

1 _ 2 __ 51 __

1 _ 3 __ 72 __

1 _ 4 __ 50 ______________56 ____ 36

2 _ 1 __ 49 ______________57.67__ 75.17

2 _ 2__ 45 ______________57 ____ 144

2 _ 3__ 79 ______________48 ____961

2 _ 4__ 54 ______________57.67 _ 13.47

3 _ 1__ 42 ______________59.33__300.33

3 _2 __ 58 ______________58.33__ 0.11

3 _ 3__ 70 ______________51.33__ 348.57

3 _ 4 __56 ______________56.67__0.45

MSE = Σ(Pt - Ft)² ÷ n

MSE = (36+75.17+144+961+13.47+300.33+0.11+348.57+0.75) ÷ 9

= 208.82

Forecast for next quarter :

(58 + 70 + 56) / 3 = 184 /3 = 61.33

8 0
3 years ago
PLEASE HELP ASAP!!!!! i’ll mark brainlest
hoa [83]

Answer:

It would be hundreds

Step-by-step explanation:

I hope it is right :I

4 0
3 years ago
Which of the following sets of values correctly completes the T chart for the equation Y =|3x+1|. -5,1,7
Ivahew [28]

Option C:

5, 1, 7

Solution:

Given equation:

y = |3x + 1|

In the chart, x values are given as –2, 0, 2.

To find the value of y for the corresponding x given.

Substitute x  = –2 in the equation of y.

y = |3(–2) + 1|

  = |–6 + 1|

  = |–5|   (Absolute value of a negative number is positive)

y = 5

Substitute x  = 0 in the equation of y.

y = |3(0) + 1|

  = |0 + 1|

  = |1|

y = 1

Substitute x  = 2 in the equation of y.

y = |3(2) + 1|

  = |6 + 1|

  = |7|   (Absolute value of a negative number is positive)

y = 7

Option C is the correct answer.

The values of y are 5, 1, 7.

The answer image of the table is attached below.

8 0
4 years ago
The General Social Survey asked the question: "For how many days during the past30 days was your mental health, which includes s
serg [7]

Answer:

a) For this case we can conclude that we are 95% confident that the true mean for the variable of interest is between 3.4 and 4.24 days in the US population.

b) The 95% confident means that if we select 100 different samples and calculate the 95% confidence interval for each sample selected, then we will have approximately 95 out of 100 confidence intervals will contain the true mean for the parameter of interest.

c) If we have the same info but we want more confidence that implies that the confidence interval would be wider, since the margin of error increase with more confidence.

d) Assuming that we have the same confidence level and the value for the deviation not changes. If we see if we decrease the sample size, then the margin of error would be lower since the original sample size was 1151. So then if we use 500 Americans we would have a lower value for the margin of error for this new interval. And then our confidence interval would smaller than the original.  

Step-by-step explanation:

Previous concepts

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".  

The margin of error is the range of values below and above the sample statistic in a confidence interval.  

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".  

The confidence interval for the mean is given by the following formula:

\bar X \pm t_{\alpha/2}\frac{s}{\sqrt{n}}  

For the 95% confidence interval the value of \alpha=1-0.95=0.05 and \alpha/2=0.025, with that value we can find the quantile required for the interval in the normal standard distribution.

z_{\alpha/2}=1.96

The confidence interval after apply the formulas was (3.40 ,4.24)

Part a

For this case we can conclude that we are 95% confident that the true mean for the variable of interest is between 3.4 and 4.24 days in the US population.

Part b

The 95% confident means that if we select 100 different samples and calculate the 95% confidence interval for each sample selected, then we will have approximately 95 out of 100 confidence intervals will contain the true mean for the parameter of interest.

Part c

If we have the same info but we want more confidence that implies that the confidence interval would be wider, since the margin of erroe increase with more confidence, because the critical value increase.

Part d

We need to take in count that the margin of error is given by:

ME=t_{\alpha/2}\frac{s}{\sqrt{n}}

Assuming that we have the same confidence level and the value for the deviation s not changes. If we see if we decrease the sample size, then the margin of error would be lower since the original sample size was 1151. So then if we use 500 Americans we would have a lower value for the margin of error for this new interval. And then our confidence interval would smaller than the original.  

4 0
3 years ago
If dr. suzuki rides his bike to his​ office, he averages 1515 miles per hour. if he drives his​ car, he averages 3030 miles per
erastovalidia [21]
6 miles to the office would be a 12 minute car ride 24 minute bike ride. 12/60 = 1/5
7 0
3 years ago
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