Seema deposited $800 in a saving account earning 2.88% compounded annually. To the nearest cent, how much will she have in 16 ye
1 answer:
Answer:
1260.04
Step-by-step explanation:
The formula for compound interest is:
A = P(1+ where A is the final amount, P is the initial principal balance, r is the interest rate, n is the number of times interest applied per time period and t is the number of time periods elapsed. Since the deposit was compounded annually, just like the interest, we can omit the n in the equation.
Applying the formula to question:
800(1+ = 1260.04 (rounded off to nearest cent since it's money)
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Answer:
<em>As mean and median are equal, so the data will be in normal distribution in shape of a symmetrical "bell curve".</em>
Step-by-step explanation:
The given data: 10 5 8 10 12 6 8 10 15 6 12 18
<u>Mean is the simple average of all data</u>. As, there are total 12 data, so the Mean will be:
For finding the Median, <u>first we need to rearrange the data according to the numerical order and then identify the middle value</u>. So........
5 6 6 8 8 10 10 10 12 12 15 18
Here the middle values are 10 and 10. So, the median will be the average of those two middle values.
Thus, Median
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Answer:
Step-by-step explanation:
Since the sequence is geometric (it multiplies the previous number each time). The nth term sequence would be
Because the sequence multiplies by 3 each time, The base number in that equation would be .
So of the equation would be:
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Compare the 2 equations:
4, 12, 36
3, 9 ,27
The difference between the 2 equations is: 1, 3, 9 which itself is a geometric sequence so the nth term of this new equation is: .
Combine these 2 equations together and you get:
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