Answer:
Point R at 7/2
If it is wrong then the other answer is probably Point Q.
I hope I could help.
Answer:
The growth rate he needs to achieve his goal is approximatelly 19.8%
Step-by-step explanation:
Since the sum will be compounded continuously we have to use the appropriate formula given below:
M = C*e^(r*t)
Where "M" is the final amount, C is the initial amount, r is the interest rate and t is the time elapsed. Since Sung Lee will invest that sum at 18 years old and he wants to recieve the return at 25, then the time elapsed is given by 25 -18 = 7 years. We can now apply the data to the formula:
16000 = 4000*e^(r*7)
4000*e^(7*r) = 16000
e^(7*r) = 16000/4000 = 4
ln[e^(7*r)] = ln(4)
7*r = ln(4)
r = ln(4)/7 = 0.198
The rate of interest is given by (r)*100%, so we have (0.198)*100% = 19.8%.
Answer:
a)- Given that a student is a 10th grader, there is a 14% chance he or she has a job.
Step-by-step explanation:
Option (a) is correct here because Relative frequency means the probability of occurrence or number of time-specific event occurs to the total event.
Option (b) is not correct because We already know that student is in 10th or 11th grade, after that we get to know about 14% chance.
Option (c) & (d) are clearly not possible.
The mean of this data is: 11
The median of this data is: 11
The mean and median of this data is the same in this case.
Hope this helps
Have a great day :)
