A rectangle is removed from a right triangle to create the shaded region shown below. Find the area of the shaded region. Be sur
e to include the correct
unit in your answer.
unit in your answer.
1 answer:
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Answer:
$712.
Step-by-step explanation:
We have been given that a fund earns a nominal rate of interest of 6% compounded every two years. We are asked to find the amount that must be contributed now to have 1000 at the end of six years.
We will use compound interest formula to solve our given problem.
, where,
A = Final amount,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Since interest is compounded each two years, so number of compounding per year would be 1/2 or 0.5.
Therefore, an amount of $712 must be contributed now to have 1000 at the end of six years.
Given Information:
Mean weekly salary = μ = $490
Standard deviation of weekly salary = σ = $45
Required Information:
P(X > $525) = ?
Answer:
P(X > $525) = 21.77%
Step-by-step explanation:
We want to find out the probability that a randomly selected teacher earns more than $525 a week.
The z-score corresponding to 0.78 from the z-table is 0.7823
Therefore, there is 21.77% probability that a randomly selected teacher earns more than $525 a week.
How to use z-table?
Step 1:
In the z-table, find the two-digit number on the left side corresponding to your z-score. (e.g 0.7, 2.2, 1.5 etc.)
Step 2:
Then look up at the top of z-table to find the remaining decimal point in the range of 0.00 to 0.09. (e.g. if you are looking for 0.78 then go for 0.08 column)
Step 3:
Finally, find the corresponding probability from the z-table at the intersection of step 1 and step 2.