Each year we add 4.5% interest.
4.5% as a decimal is 0.045.
We multiply by 1.045 to add this interest.
(not 0.045, this would just be the interest and wouldn't keep the whole)
To start: $1,000
Multiply by 1.045 for the first year.
Now we have $1,045.
Multiply by 1.045 again for the second year.
Now we're at 1092.025.
We need to round up to the nearest cent...$1,092.03
Answer:
0.1007
Step-by-step explanation:
Given :
Average gain, μ = 0.8
Standard deviation, σ = 0.7
Number of companies, n = 20
Obtaining the standardized value ;
Zscore = (x - mean) / (σ/√n)
Zscore = (1 - 0.8) / (0.7/√20)
Zscore = (0.2 / 0.1565247)
Z = 1.27775
Using the Z probability calculator :
P(Z > 1.27775) = 0.10067
P(Z > 1.27775) = 0.1007 ( Z probability calculator)
Answer:
X is 2
Step-by-step explanation:
9x - 9 = 9
9x = 18
x = 2
21/20 ,because 0.5 is 1/20 of the whole number 1,so 20/20 + 1/20=21/20
