The time required to get a total amount of $13,200.00 with compounded interest on a principal of $7,000.00 at an interest rate of 5.5% per year and compounded 12 times per year is 11.559 years. (about 11 years 7 months)
Answer:
t = 11.559 years
<h3>Compound Interest </h3>
Given Data
(about 11 years 7 months)
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 5.5/100
r = 0.055 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.055/12)] )
t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.0045833333333333)] )
t = 11.559 years
Learn more about compound interest here:
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Answer:the probability is 4/20 or 20%
Step-by-step explanation:hope this helps
Answer:
The sample proportion of successful procedures is 0.962.
Step-by-step explanation:
The sample proportion of successful procedures is the number of successfiç procedures divided by the total number of procedures.
In this problem:
158 procedures, of which 152 were successful. So
p = 152/158 = 0.962
The sample proportion of successful procedures is 0.962.
Answer:
Chart nº 2
Step-by-step explanation:
Just match each points you will see which one is actually on the diagram!
Answer:
Before: 8 tons
After: 12 tons
Step-by-step explanation:
