Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
Answer:
5127079.21 cubic feet
Step-by-step explanation:
The silo is in the shape of a cylinder and a cone.
The volume of the silo will be the sum of the volumes of the cylinder and the cone.
Therefore, its volume is:

where r = radius of cylinder and cone
h = height of cylinder
H = height of cone
The radius of the base is 120 feet, the height of the roof (cone) is 25 feet. The height of the entire silo is 130 feet. This means that the height of the cylinder is:
130 - 25 = 105 feet
Therefore, the volume of the silo is:

The volume of the silo is 5127079.21 cubic feet.
Given that the expression for Julia's salary after t years is given by:
25000(1.04)^t
This can be interpreted as follows:
Initial salary is $25000
growth rate is 0.04=4%
thus the correct answer is:
<span>D salary is 25,000 growth rate is 4% per yr</span>
Answer:
test statistic is ≈ -0.36
p-value is ≈ 0.64
There is no significant evidence that the average golfer can hit the ball more than 235 yards on average.
Step-by-step explanation:
a hypothesis test where H_0: mu = 235 and H_1:mu > 235
test statistic can be calculated as follows:
z=
where
- sample mean driving distance (233.8 yards)
- M is the average expected distance that the average golfer can hit the ball under null hypothesis. (235 yards)
- s is the standard deviation (46.6 yards)
- N is the sample size (192)
Then test statistic is z=
=-0.3568
p-value is 0.64 >0.05
There is no significant evidence that the average golfer can hit the ball more than 235 yards on average.
Well bassicly jerry plus larry equals jim