Using the compound interest formula,
572.86=287,50(1+i)^8
(1+i)^8=572.86/287.50=1.992557
1+i=(1.992557)^(1/8)=1.0899996
=>
i=1.0899996-1=9%
Note: This problem can also be solved in the head using the rule of 72.
Since after 8 years, the amount is roughly doubled, we can say that the interest rate is approximately 72/8=9%
Answer:
the Answer is D
Step-by-step explanation:
<span>Mean = 270
Standard deviation = 10
x = 255
Formula for z-score, z = (x - mean)/SD
z = (255 - 270) / 10
=> z = -15 / 10 => z = -1.5
So by referring to z-table, -1.5 correlates to 0.0668 that implies to 0.07
So 7% of the boxes of Apples weight less than 255oz.
The percentage of boxes is in the range of 255 oz and 270 oz,
Now calculating the requiring percentage 50% - 7% = 43%</span>
You can write a ratio like this:
Compare 5 oz of water to 19 oz of paint
Three types of ratios:
5/19, 5 to 19, 5:19
