Y=13
(when you have fractions like the one in this problem, you get rid of them by multiplying both sides by the denominator.)
Answer:
D)
Step-by-step explanation:
ASSUMING NORMAL DISTRIBUTION, LESS THAN 10% AT LOWER END
OF 15.34 MEANS [DENOTING MEAN BY M AND Standard Deviation. BY S]
M±AS=20%....................M-AS=15.34
FOR 20% LEVEL .......A=1.281........FROM TABLES
M-1.281×S=15.34............................1
SIMILARLY
M±BS=40%...................M+BS=16.31
FOR 40% LEVEL .............B=0.841...................FROM TABLES
M+0.841×S=16.31.............................2
EQN.2 - EQN.1
2.122×S=0.97
S=0.457=0.46
M=15.926= 15.93
HENCE, D IS THE ANSWER
that is D. μ = 15.93, σ =.46
Square root are the same 2 numbers multiplied.
Ex: 8*8=64 (Square root is 8)
9*9=81 (Square root is 9)
2.2360679775*2.2360679775=5
Answer=2.2360679775
After 1 year, the initial investment increases by 7%, i.e. multiplied by 1.07. So after 1 year the investment has a value of $800 × 1.07 = $856.
After another year, that amount increases again by 7% to $856 × 1.07 = $915.92.
And so on. After t years, the investment would have a value of 
.
We want the find the number of years n such that
Solve for n :
