Answer: $58,088.57
Step-by-step explanation:
The investment is compounded weekly so you need to change the parameters of the equation to a weekly figure:
Interest rate is yearly so:
= 3.75%/52
= 3.75/52% per week
Number of periods is 4 years so:
= 4 * 52
= 208 weeks
Future value in 4 years is:
= 50,000 * ( 1 + 3.75/52%)²⁰⁸
= $58,088.57
Answer:
A company produces electric insulators. The strength of the insulators is important since a broken insulator may cause a short circuit. Unfortunately, the strength varies significantly due to the material. Because of the expense, only a limited number of insulators could be tested. The engineers sampled 25 insulators (From a production run of 200), and conducted a destructive test to determine the force that was required to break the insulators. The mean value of this force was 1723 lbf with a sample standard deviation of 90 lbf. You may approximate the population standard deviation with the sample standard deviation for the following questions. a. Determine if the population is large enough or if a finite population correction (FPC) factor is needed. If so, what is the FPC factor? b. For 95% confidence, determine the margin of error (+ lbf) c. For these conditions, estimate the range of the probable population mean. Provide lower and upper values. For 95% confidence, determine the margin of error ( Assume the same mean and sample standard deviation. What is one advantage and one disadvantage of using 50 insulators instead of 25 insulators? d. lbf) if 50 insulators were tested.
Step-by-step explanation:
DO YOUR OWN WORK CHEATING A$ BOI
Answer:
see explanation
Step-by-step explanation:
Using the rule of exponents
= 
, then
2 ÷ 
= 2 ÷ 
To divide leave first, change ÷ to × , turn second upside down
= 2 × 
Answer:
She will earn £9.01 per hour after the pay rise
Step-by-step explanation:
Here, we want to calculate a value, given the percentage of the pay rise
From the question, the percentage is 6%
The pay rise is thus;
8.50 + 6% of 8.50
= 8.50 + (6*8.5)/100
= 8.50 + 0.51
= £9.01
