End answer is five hundred and 6
The formula for calculating compound interest with yearly contributions is:
Balance = X*(1 + Y)^n + Z((1 + Y)^(n + 1) - (1 + Y)/Y)
where the balance is the money earned after n years invested
Y is the interest rate as a fraction
Z is the yearly contribution
X is the starting investment
Therefore the calculation for this example is:
Balance = 1200*(1 + 0.05)^48 + 1200((1.05)^49 - (1.05)/05)
= $249,393.5
The scatterplot shown includes the (blue) least-squares regression line, whose equation is y = .975 + .005x, where y is calories (in thousands) and x is years after 1960. Choose the correct statement.
Answer: In the given regression equation, the calories are in thousands. Therefore, the slope 0.005 (0.005 x 1000 =5 calories) means the consumption is increasing at a rate of 5 calories per year.
Hence the option a. Consumption is increasing at a rate of 5 calories per year. is correct
Answer:
<u>Number of rooms reserved for the students are - 90 .</u>
Step-by-step explanation:
Firstly ,
As we know 60% of the 600 students went on the trip,
Then ,
Number of students went on the trip = 60% of 600
= 
= 360
Now ,
Given - One room is reserved for 4 students ,
Therefore , Number of rooms for 360 students = 
= 90
<u>Hence , the answer is 90 rooms reserved for the students.</u>
