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Answer:
It will take an interest rate of 8.1% to get 150% of the initial investment in just 5 years.
Step-by-step explanation:
Use the formula for continuous compounding

where r stands for the (annual) interest rate, t for time in years, P for the initial principal (investment) and X is the amount after t years.
(this formula can be beautifully derived from just basic considerations, btw)
We are given t=5, and percent increase on the initial P, so we can solve for r

It will take an interest rate of 8.1% to get 150% of the initial investment in just 5 years.
Answer:
Option D.
Step-by-step explanation:
The given statement is

x-4 is difference between x and 4.
|x-4| distance from x because distance can not be negative.
Inequality sign "<" means less than.
represent all values of x whose distance from 4 is less than 0.5.
Therefore, the correct option is D.
Answer:
x = 53.6588°
General Formulas and Concepts:
<u>Pre-Algebra</u>
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
Equality Properties
<u>Trigonometry</u>
- [Right Triangles Only] SOHCAHTOA
- [Right Triangles Only] cos∅ = adjacent over hypotenuse
Step-by-step explanation:
<u>Step 1: Define</u>
We are given a right triangle. We can use trig to find the missing angle.
<u>Step 2: Identify Variables</u>
<em>POV from angle x</em>
Angle = <em>x</em>
Adjacent = 16
Hypotenuse = 27
<u>Step 3: Solve for </u><em><u>x</u></em>
- Substitute: cosx° = 16/27
- Inverse: x° = cos⁻¹(16/27)
- Evaluate: x = 53.6588°
Answer:
81.85%
Step-by-step explanation:
We have the following information:
mean = m = 52000
standard deviation = sd = 12000
a = 40000
b = 76000
we need to find the probability between a and b, that is:
P (a <x <b) = P (40,000 <x <76000)
P [(40000 - m) / sd <(x - m) / sd <(76000 - m) / sd]
replacing
P [(40000 - 52000) / 12000 <z <(76000 - 52000) / 12000]
P (-1 <z <2)
P (z <= -1) - P (z <= 2)
We look for this value of z, in the attached table:
0.9772 - 0.1587
P = 0.8185
In other words, the probability is 81.85%