Answer:
E 0.923
Step-by-step explanation:
The Z score is a measurement used in statistics to determine the relationship between a value and a mean of a group of values measured as standard deviation from the mean. The z score (z) is given as:
, Where μ is the mean, σ is the standard deviation and x is the value.
Given that:
σ = 7, μ = 80 and x = 90

From the normal distribution table, P(X < 90) = P(z < 1.43) = 0.923
Answer:
$501,049.37
Step-by-step explanation:
For computing the amount after 22 years we need to applied the future value which is shown in the attachment below:
Given that
PMT = $9,000
NPER = 22 years
Annual rate = 0.078
Quarterly= 0.078 ÷ 4 = 0.0195
Effective annual rate = (1.0195^4) - 1 = 0.0803113041
Now applied the formula which is given below
= -FV(RATE;NPER;PMT;PV)
After applying the above formula, the future value is $501,049.37
Answer:
0.14204545454545
It's a repeating decimal
Step-by-step explanation:
25/176 is the same as 25 ÷ 176
so 25 ÷ 176 = 0.14204545454545
and it is a repeating decimal because the reminder is not 0