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3 years ago

15

Which of the following is a statistical question? a.Who is your favorite fantasy author? b.Do you like fantasy novels? c.What is

your favorite fantasy novel? d.Are fantasy novels popular with people in your age group?

1 answer:

Dovator [93]3 years ago

7 0

I would say B. or c. but most likely B to make sure you can search up examples of statistical questions.

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Suppose you invest $16000 at 9% interest and that it is compounded daily. How much will you have in 8 years?

kramer

Answer:

The amount after 8 years is $ 16,031.579

Step-by-step explanation:

Given as :

The Principal invested = $ 16000

The rate of interest compounded daily = 9 %

The time period = 8 years

Let The amount after 8 years = $ A

<u>From Compounded method </u>

Amount = Principal invested × $(1+\dfrac{\textrm Rate}{365\times 100})^{365\times \textrm Time}$

Or, Amount = 16000 × $(1+\dfrac{\textrm 9}{365\times 100})^{365\times \textrm 8}$

Or, Amount = 16000 × $(1.0002465)^{8}$

∴ Amount = $ 16,031.579

Hence The amount after 8 years is $ 16,031.579 Answer

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