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MatroZZZ [7]
3 years ago
8

A house purchased for $216,500 gains 2% of its value every year. If this growth rate continues, in how many years will the house

be worth twice its original value
Mathematics
1 answer:
NikAS [45]3 years ago
3 0

Answer: 36 years

Step-by-step explanation:

You can use the Rule of 72 to calculate how long it might take the house to double in value.

The Rule of 72 works by dividing 72 by the interest rate as a whole number and the result will be a rough estimate of the time in years it will take for the investment to double in size:

= 72 / 2

= 36 years

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In an effort to cut costs and improve profits, any US companies have been turning to outsourcing. In fact, according to Purchasi
tangare [24]

Answer:

Step-by-step explanation:

This is a binomial probability distribution because there re only 2 possible outcomes. It is either a surveyed company outsourced some part of their manufacturing process in the past two to three years. The probability of success, p would be that a randomly selected company x, outsourced some part of their manufacturing process in the past two to three years. From the information given, p = 54/100 = 0.54

Number of success, x = 338

Number of samples, n = 555

We want to determine the probability that 338 or more companies outsourced some part of their manufacturing process in the past two or three years which is expressed as

P(x ≥ 338)

From the binomial probability calculator,

P(x ≥ 338) = 0.0006

The percentage is 0.0006 × 100 = 0.06%

4 0
3 years ago
A mountain peak is 12,200 feet above sea level. The valley below is 218 feet below sea level. How far is it from the peak to the
Lady bird [3.3K]
11782 i may be wrong but i think i’m right
7 0
3 years ago
Read 2 more answers
A December 2009 poll asked a random sample of people whether they thought their country was heading in the right direction. Each
choli [55]

Answer:

This would be test of independence because it contain only one sample test

Step-by-step explanation:

Test of independence determine two factors are independent or not

For example

if we do a test of independence  

null hypothesis : H 0: Being a cell phone user while driving and receiving a speeding violation are independent events. If the null hypothesis were true, we would expect about 28 people to use cell phones while driving and to receive a speeding violation.

Therefore in the given question Each respondent answer that it might be in "Right Direction " or "Wrong Direction".

So it is a independent test.

8 0
3 years ago
PLEASE HELP! Picture included. People say this is soooo easy but I literally can’t understand!
s344n2d4d5 [400]

Answer:

D

Step-by-step explanation:

Just plug in the x values in the table to solve for the corresponding y value.

1. 3^2-11(3)+30

9-33+30

9-3

6

There is only one answer choice with 6 as the first number; thus, D is the correct answer.

4 0
3 years ago
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What is the resistance of a 3.1 m length of copper wire 1.7 mm in diameter?
Bumek [7]
R = ?
L = 3.1 m;
r = 1.7 mm/ 2 = 0.85 mm = 0.85 * 10^(-3) m
Resistivity of copper ( rho ) = 1.68 * 10 ^(-8) [Ohm m ]
A = 3.15 * ( 0.85 * 10^(-3))^2 = 2.26865 * 10 ^(-6)
R = ( Rho ) * L / A = 1.68 * 10^(-8) * 3.1 m / 2.26865 * 10^(-6) =
= (1.7 * 3 .1 / 2.26865 )* 10^(-2) = 0.02323 Ohms ( the resistance )
8 0
4 years ago
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