Answer:
When it is skewed right or left with high or low outliers then the median is better to use to find the center. The best measure of spread when the median is the center is the IQR. As for when the center is the mean, then standard deviation should be used since it measure the distance between a data point and the mean.
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<em><u>Hope this helps..</u></em></h2>
The Amount of investment equals $974.83.
The continuous compound interest helps to calculate an investment that are reinvested into the balance over a infinite number of periods.
- The formula for continuous compound interest is A=P^e^(r*t)
Amount of investment = $535 * e^(6%*10)
Amount of investment = $535 * 1.82211880039
Amount of investment = $974.833558209
Amount of investment = $974.83
Therefore, the Option B is correct since the Amount of investment equals $974.83.
Read more about compound interest
<em>brainly.com/question/24274034</em>
Looking at cash flow an important step in a good financial plan due to the following reasons:
- To determine areas in business that needs scaling back on spending.
- To monitor the amount of money being received.
<h3>What is a
cash inflow?</h3>
A cash inflow can be defined as an amount of money that flows into a business firm.
<h3>What is a statement of cash flows?</h3>
A statement of cash flows is also referred to as cash flow statement and it can be defined as a financial statement which illustrate how changes in income and various account of the balance sheet affect cash and other cash equivalents.
As a general rule in business management, looking at cash flow an important step in a good financial plan due to the following reasons:
- To determine areas in business that needs scaling back on spending.
- To monitor the amount of money being received.
Read more on cash flows here: brainly.com/question/24299919
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I think it’s D, please don’t be mad if it’s wrong
