The Answer is that the present value of $100 is $100. Because this $100 dollar is deposited today so the time is equal to zero and when time is zero the value of amount is the value of amount itself.
Answer:
The probability that a family spends less than $410 per month
P( X < 410) = 0.1151
Step-by-step explanation:
<u><em>Step(i):-</em></u>
<em>Given mean of the population = 500 </em>
<em>Given standard deviation of the Population = 75</em>
Let 'X' be the variable in normal distribution

<em>Given X = $410</em>
<em></em>
<em></em>
<u><em>Step(ii):-</em></u>
The probability that a family spends less than $410 per month
P( X < 410) = P( Z < - 1.2 )
= 0.5 - A( -1.2)
= 0.5 - A(1.2)
= 0.5 - 0.3849 ( ∵from normal table)
= 0.1151
<u>Final answer:-</u>
The probability that a family spends less than $410 per month
P( X < 410) = 0.1151
8 is a whole number, so this will be the whole number part of our mixed number.
0.25 is a decimal, where 25 is in the HUNDREDths place, so we write 25 as a fraction over 100.

Simplify by dividing 25 to the numerator and denominator.


So our fraction is

0.55 is a decimal, where 55 is in the HUNDREDths place, so we write 55 as a fraction over 100.

Simplify by dividing 5 to the numerator and denominator.


So our fraction is


To convert this to a decimal, just divide 5 / 8
Answer:
Okay so I am not positive but I will try to help you out. Okay so the line of best fit would positive. Because it is all going up. The approximate slope is 3/4 Because slope is change in y over change in x. The y intercept of the line of best fit would be (0,0). This is because when drawing the line you can see that it would intercept the y-axis at zero. My steps taken were basically just looking at it and peicing everything together. If you want to get more involved with slope you could pick to coordinates which I will include and do change in y over change in x.
My points I will pick are (1,1) and (5,2)
2-1/5-1=3/4
therefore approximate slope is 3/4
Like I said I am not positive but I am just trying to help out in some way.
If something is incorrect please inform me. If this helps also please inform me.