Annually The amount after 10 years = $ 7247.295
quarterly compound after 10 years = $7393.5
Continuously interest =$7,419
Given:
P = the principal amount
r = rate of interest
t = time in years
n = number of times the amount is compounding.
Principal = $4500
time= 10 year
Rate = 5%
To find: The amount after 10 years.
The principal amount is, P = $4500
The rate of interest is, r = 5% =5/100 = 0.05.
The time in years is, t = 10.
Using the quarterly compound interest formula:
A = P (1 + r / 4)4 t
A= 4500(1+.05/4)40
A= 4500(4.05/4)40
A= 4500(1.643)
Answer: The amount after 10 years = $7393.5
Using the Annually compound interest formula:
A = P (1 + r / 100) t
A= 4500(1+5/100)10
A= 4500(105/100)10
Answer: The amount after 10 years = $ 7247.295
Using the Continuously compound interest formula:
e stands for Napier’s number, which is approximately 2.7183
A= $2,919
Answer: The amount after 10 years = $4500+$2,919=$7,419
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Answer:
100/2048=0.048828125%
Step-by-step explanation:
He has a 50% chance of making each free-throw, so 1/2*1/2*1/2*1/2*1/2*1/2*1/2*1/2*1/2*1/2*1/2=1/(2^11)=1/2048
to get a percentage you time by 100 to get 100/2048
Ok so... what wait weres the pic??
Answer: (143.07, 158.93)
Step-by-step explanation:
The formula to find the confidence interval is given by :-
where n= sample size
= Sample mean
z* = critical z-value (two tailed).
= Population standard deviation
We assume that the underlying population distribution is normal.
As per given , we have
n= 108
Critical value for 99% confidence level = 2.576 (By using z-table)
Then , the 99% confidence interval for the population mean hours spent watching television per month :-
Hence, the required 99% confidence interval for the population mean hours spent watching television per month. = (143.07, 158.93)