Answer:
25.85 years
Step-by-step explanation:
Use the formula for continuous compounding amount:
A = Pe^(r*t), where r is the interest rate as a decimal fraction, P is the initial amount, and t is the time in years.
Here we have:
A = $200e^(0.0425*t) = 3($200) (this is triple the original amount)
Solve this for t. Divide both sides by $200 and then use natural logs:
1e^(0.0425*t) = 3
Then 0.0425*t = ln 3 = 1.0986
Dividing both sides by 0.0425 will isolate t:
1.0986
t = --------------- = 25.85 years
0.0425
5 divided by -25 is -0.2
-25 divided by 5 is -5
The required percentage of leagues that have fewer than 7 teams is 25%
Box plots and Quartiles
A boxplot is a standardized way of displaying the distribution of data based on a five number summary. It consists of the minimum point, m<u>aximum point, quartiles and medians</u>
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From the given boxplot, you can see that football league that have fewer than 7 teams occupies 1/4th of the total team. Hence the required peprcentage will be;
Percentage of those that have fewer than 7 teams = 1/4 * 100
Percentage of those that have fewer than 7 teams = 25%
Hence the required of leagues that have fewer than 7 teams is 25%
Learn more on boxplot here: brainly.com/question/14277132
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ASA! The person above me is correct!