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Tatiana [17]
3 years ago
7

how long will it take for an investment of 2000 to double given an annual interest rate of 6% compounded monthly

Mathematics
1 answer:
Agata [3.3K]3 years ago
5 0
It will take about 16.66 months for the investment to double.
Hope this helps.
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Evaluate the log by thinking “3 to what power is 1/9 so log3(1/9) =
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Step-by-step explanation:

Log3(1/9)

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Suppose lightning strikes at an average of 1.4 strikes per minute during a particular storm. You play the following game: if the
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$3.25

Step-by-step explanation:

Given that:

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Strike more than 2 minutes = $1

Probability that next strike occurs within the next minute :

Using poisson :

P(x < 1) = 1 - e^-(λx) ;

P(x < 1) = 1 - e^-(1.4*1) = 1 - e^-1.4

P(x < 1) = 1 - 0.2465969

P(x < 1) = 0.7534030

Next strike occurs between 1 and 2 minutes :

(1 < x < 2) :

P(x < 2) - P(x < 1)

P(x < 2) = 1 - e^-(λx) ;

P(x < 2) = 1 - e^-(1.4*2) = 1 - e^-2.8

P(x < 2) = 1 - 0.0608100

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P(x > 2) = 0.0608100

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(0.7534030 * 3) + (0.1857869 * 5) + (0.06081 * 1)

= 3.2499

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2 years ago
According to the order of operations, what operation should be performed first in the expression 8 minus 2 times 2 divided by le
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Determine the values of the letters to complete the conditional relative frequency table by column.
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Answer:

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In this problem we are calculating the relative frequency conditional by columns.

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