You answer should be 28.83%
Answer:
Step-by-step explanation:
80
Use the compound amount formula for continuous compounding:
A = Pe^(rt)
Here,
A = $3000e^(0.055^5) = $3950 (rounded up from $3949.59)
Answer:
I'm not completely sure but in my opinion I think the answer is that the Associated store has the better buy for oranges! :-)
Step-by-step explanation:
Because they have $3.00 for five pounds and the shoprite store has 2.59 for 4 pounds, but if you where to buy a fifth one at the Shoprite store then you would have to pay more for 5 pounds of oranges then you would for the 5 pounds of oranges at the Associated store.
Hope this helps! Please mark me brainliest! :-)))))))
Answer:
Step-by-step explanation:
The monthly rents paid by the 10 people are
845, 875, 890,900,960, 965, 990, 1015, 1045, 1065.
The mean rent is determined by
Sum of rent paid/ total number of people that paid rent.
Mean = (845+875+890+900+960+965+990+1015+1045+1065) /10 = 9550/10 = 955
Median = (960+965)/2 =1925/2 = 962.5
Suppose that one of the people moves, her rent changes from 1065 to 915, the mean becomes
(845+875+890+900+ 915 + 960+965+990+1015+1045)/10 =9400/10 = 940
The median is (915 +960)/2 =1875/2 = 937.5
Therefore,
a) the mean decreases by
955 - 940 = 15
b) the median decreases by
962.5 - 937.5= 25
