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ratelena [41]
2 years ago
14

Ceasar opens a bank account and makes an initial deposit of $800. The banker tells Ceasar that he is going to receive an annual

rate of 10% compounded continuously on his investment. Find the bank balance assuming Ceasar leaves the account untouched for 8 years.
Can you please do the problem using the formula A(t)=pe^(rt).
Mathematics
1 answer:
Vikki [24]2 years ago
6 0
Ceasar opens a bank account and makes an initial deposit of $800. The banker tells Ceasar that he is going to receive an annual rate of 10% compounded continuously on his investment. Find the bank balance assuming Ceasar leaves the account untouched for 8 years.


Can you please do the problem using the formula A(t)=pe^(rt).
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1 year ago
The director of admissions at Kinzua University in Nova Scotia estimated the distribution of student admissions for the fall sem
Lorico [155]

Answer:

1. 1340

2. Variance = 47200, standard deviation = 217.25556

Step-by-step explanation:

1-

If X is the random variable that give the number of admissions, then the expected number of admissions<em> E[X]</em> for the fall semester is

1080*P(X=1080)+1380*P(X=1380)+1540*P(X=1540) =

1080*0.4+1380*0.1+1540*0.5 = 1340

2-

The <em>variance</em> is defined as

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