Given :
Interest rate , r = 4 %.
To Find :
The APY .
Solution :
APY is given by :
Here , r is compound interest and n is number of time compounded .
So ,
Therefore , APY is 30.57 % .
Hence , this is the required solution .
Which one first show me your problem
Answer:
Non-linear.
Step-by-step explanation:
I don’t think there’s a solution
<span>Defective rate can be expected
to keep an eye on a Poisson distribution. Mean is equal to 800(0.02) = 16,
Variance is 16, and so standard deviation is 4.
X = 800(0.04) = 32, Using normal approximation of the Poisson distribution Z1 =
(32-16)/4 = 4.
P(greater than 4%) = P(Z>4) = 1 – 0.999968 = 0.000032, which implies that
having such a defective rate is extremely unlikely.</span>
<span>If the defective rate in the
random sample is 4 percent then it is very likely that the assembly line
produces more than 2% defective rate now.</span>
