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horrorfan [7]
4 years ago
10

At what interest rate (to the nearest hundredth of a percent) compounded annually will money in savings double in five years?

Mathematics
1 answer:
Sphinxa [80]4 years ago
5 0
For a single payment with compound interest, the equation to use is F=P(1+i)^n where F is the value after n periods, P is the present value, and i is the interest rate.

If we want the final value F to double in 5 years, F is then equal to P then n=5. The equation is now:

2P=P(1+i)^5
2=(1+i)^5
i=14.87% per year
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JulsSmile [24]

Answer:

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Step-by-step explanation:

Since the y-value cannot increase past 10, the maximum value of this function would be 10.

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2 years ago
If f(x) = -1x + 1and g(x) = x4, what is (f º g)(x)?
Scilla [17]

Answer:

(f º g) = -x^4+1

Step-by-step explanation:

So it's important to note that the notation: "(f º g)" isn't f(x) * g(x), it's a composite function, where you essentially have two functions, with one of the functions being the argument of one of the functions.

This means we can plug in the function g(x) as x into the function f. So let's do that

Original Function:

f(x) = -1x + 1

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f(g(x)) = -(x^4)+1

Distribute the negative sign

f(g(x)) = -x^4+1

7 0
2 years ago
A container can hold three orange slices. If a company had twenty-six orange slices to put into containers, how many more slices
astraxan [27]

Answer:

The last container needs one more slice to be filled up.

Step-by-step explanation:

From the question, we know that only 3 oranges can fit into a container.

However, the company has 26 oranges that need to be inside containers.

We can find out the number of containers that will be filled up completely and the remainder left.

We will do this by dividing the number of orange slices available by the number that can fit into a container.

This is 26 / 3 = 8 remainder 2

Therefore, 8 containers will be filled up, with only two oranges left in the last container.

Remember that each container needs up to 3 oranges to be filled up. Since the last container has only 2 orange slices in it, it needs one more slice to be filled up.

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3 years ago
This is 10 points plz help ( NO LINKS ) ( ONLY ANSWER THIS IF YOU HAVE AN EXPLANATION AND IF YOU KNOW WHAT THE ANSWER IS)
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Step-by-step explanation:

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7 0
3 years ago
Read 2 more answers
WILL MARK AS BRAINLIEST!!! 5. A 2011 study by The National Safety Council estimated that there are nearly 5.7 million traffic ac
Artyom0805 [142]

Answer:

Step-by-step explanation:

Hello!

Regarding the reasons that traffic accidents occur:

28% are caused by distracted drivers using cell phones or texting

11% of the drivers' user their phones at any time

The probability of a driver having an accident is 5.26%

a)

DC = event that a randomly selected driver is using a cell phone.

P(DC)= 0.11

b)

TA = event that a randomly selected driver has a traffic accident.

P(TA)= 0.0526

c) and f)

If both events are related, i.e. dependent, then you would expect that the occurrence of one of these events will affect the probability of the other one. If they are not related, i.e. independent events, then their probabilities will not be affected by the occurrence of one or another:

If both events are independent P(TA|DC)= P(TA)

If they are dependent, then:

P(TA|DC)≠ P(TA)

P(TA|DC)= 0.28

P(TA)= 0.0526

As you can see the probability of the driver having an accident given that he was using the cell phone is different from the probability of the driver having an accident. This means that both events are related.

d) and e)

You have to calculate the probability that "the driver was distracted with the phone given that he had an accident", symbolically P(DC|TA)

P(DC|TA) = \frac{P(DCnTA)}{P(TA)}

P(TA|DC)= \frac{P(TAnDC}{P(DC)} ⇒ P(DC∩TA)= P(TA|DC)*P(DC)= 0.28 *  0.11= 0.0308

P(DC|TA) = \frac{0.0308}{0.0526}= 0.585= 0.59

I hope this helps!

3 0
4 years ago
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