Answer:
$1348.07
Step-by-step explanation:
Hello!
<h3>Compound Interest Formula:

</h3>
- A = Account Balance
- P = Principle/Initial Amount
- r = Rate of Interest (decimal)
- n = Number of times compounded (per year)
- t = Number of Years
<h3>Given Information</h3>
- Account Balance = ?
- Principle Amount = $1000
- Rate of Interest = 0.02
Why is the Rate 0.02?
This is because we are gaining money, so the multiplier should be greater than 1. We already added 1, which is 100% so you simply add the 0.02 for the extra 2%.
- Number of times compounded per year = 6
This is because it is being compounded bi-monthly, or once every 2 months. 12 months divided by 2 months is 6 months, so 6 times a year.
<h2>Solve </h2>
Solve by plugging in the given values into the formula.
This is really close to the first option, and since there is rounding involved with the repeating decimal, the first option should be correct.
The answer is $1348.07.
Answer:
Step-by-step explanation:
Select the correct answer from each drop-down menu.
We solve using z score formula
z-score is z = (x-μ)/σ, where x is the raw score, μ is the population mean, and σ is the population standard deviation.
The average time taken to complete a test follows normal probability distribution with a mean of 70 minutes and a standard deviation of 25 minutes.
a) The probability of a randomly selected student completing the test in 45 minutes or less is approximately equal to %.
z = 45 - 70/25
b) The probability of a randomly selected student completing the test in 95 minutes is %.
z = 95 - 70/25
Answer:
no
Step-by-step explanation:
Answer:
I think it's B because I think there can only be one outlier. idk for sure but I think i remember learning that
Step-by-step explanation:
A Rotation is a transformation of a figure by turning it around a given point.