Answer:
Jose ends up with more money with $59 more than Peter.
Step-by-step explanation:
To determine the amount they will have, you have to use the formula to calculate the future value:
FV=PV(1+r)^n
FV= future value
PV= present value
r= rate of interest
n= number of periods of time
-Peter:
FV=1,000*(1+0.04)^10
FV=1,000*1.48
FV=1,480
-Jose:
FV=900*(1+0.05)^11
FV=900*1.71
FV=1,539
Difference: $1,539-$1,480=$59
According to this, the answer is that Jose ends up with more money with $59 more than Peter.
4 because there are 4 letters which also means that there are 4 different outcomes
<span>16 years ago = - 16
Present population -16 = </span><span>15,000 (population)
</span>
11% increase = every year =0.11
present year = <span>15,000 x 0.11^16
= 15,000 x 4.594
approx = 68,925</span>
Answer: 0.4 which is choice C
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Work Shown
Focus on the "riverside high school" row only
A = number of twelfth graders = 200
B = number of students = 500
P = probability of picking a twelfth grader
P = A/B
P = 200/500
P = 2/5
P = 0.4
A.) For the Junior Varsity Team, mean would be the appropriate measure of center since the data is <span>symmetric or well-proportioned while we should use standard deviation for getting the measure of spread since it also measures the center and how far the values are from the mean.
b.) For the Varsity Team, the median would be the appropriate measure of the center since the data is skewed left and not evenly distributed so median could be used since it does not account for outliers while we use IQR or interquartile range in measuring the spread of data since IQR does not account for the data that is skewed. </span>
