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nataly862011 [7]
3 years ago
11

You deposit $800 in an account that pays 2.25% annual interest compounded continuously. About how long will it take for the bala

nce to triple?
O 48.8 years
O 24 years
O 36 years
O 52.6 years
Mathematics
1 answer:
timurjin [86]3 years ago
7 0

Answer:

48.8 years

Step-by-step explanation:

A=p(1+r/n)^nt

A= total amount

p= initial investment (800_

r/n= annual interest rate over number of years( 2.25)

t= number of years compounded ( annually , biannually, quarterly etc.)

48.8 years

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This shows that the answer 4 in is correct.

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The median of the data is 64, the value of Q1 is 61.5, the value of Q2 is 71, and the value of Q3-Q1 is 9.5

<h3>What is the median?</h3>

A median is a middle number in a series of numbers that have been arranged to lift, and it might be more informative of the set of data than the average. When there are extremes in the sequences that might affect the average of the numbers, the median is sometimes employed instead of the mean.

We have data:

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Learn more about the median here:

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