Answer:
The standard deviation increases, it's mean, medium and mode, if you put them in order and then go through and get your middle number it'll be 81.
For this case we have an equation of the form:
y = A * (b) ^ t
Where,
A: initial cost
b: growth rate
t: time in years
Substituting values we have:
y = 7500 * (1.1275) ^ t
For year 6 we have:
y = 7500 * (1.1275) ^ 6
y = 15408.50724
Answer:
y = 7500 * (1.1275) ^ t
y = 15408.50724 $ (year 6)
Answer:
The fractional reserve banking system depends upon the <u>confidence and trust</u> of the public.
Step-by-step explanation:
The fractional reserve banking means that bank uses the deposits of customers to lend money to the borrowers.
