Let P= $75, r=0.0054166, n= 40. In the future worth formula, F= P((1+r)^(n-1) -1) / r, it would yield a future worth of 3,247.16 at the age of 65. And the interest rate is I= (r^n-10)/(r-1). It yields an interest of 1.033
Answer:
0
Step-by-step explanation:
Let X to be a random variable that looks a binomial distribution which denoted the number of employees out of the 281 who earn the prevailing minimum wage or less
The sample size n = 281
The population parameter p = 5% = 0.05
Using normal approximation for the mean.



The standard deviation is:





By using continuity correction; the sample mean x is:
x = 30 - 0.5
x = 29.5
The z statistic test can now be as follows:



Z = 4.23
Thus, the probability that company A will get a discount is
P(X ≥ 30) = P(Z >4.23)
= 1 - P(Z < 4.23)
By using the Excel function for the z score 4.23 i.e. "=1 - NORMSDIST(4.23)" we get;
= 0.0000
I'm assuming you mean a compression of factor 6
In that case, it will be h = 1/6x
Answer:
144
Step-by-step explanation:
1+128+15
144
Answer:
0
Since 8 is too small to be rounded to 100, it's rounded down to 0.