<span>A = P (1 + r/n)<span> (nt)
</span></span>A<span> = the future value of the investment</span>
P<span> = (the initial deposit or loan amount)</span>
r<span> = the annual interest rate (decimal)</span>
n<span> = the number of times that interest is compounded per year</span>
t<span> = the number of years the money is invested
</span>
Answer:
y = 27.1
Step-by-step explanation:
We have the value of x:
x = 12
and we need to find the value of y in the expression:
y = x + 15.1
as we can see by the equation, the value of y depends on the value of x.
thus, we substitute x = 12 on the previous equation:
y = 12 + 15.1
y = 27.1
the value of y is 27.1
Answer:
62.17% probability that a randomly selected exam will require more than 15 minutes to grade
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean
and standard deviation
, the zscore of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:

What is the probability that a randomly selected exam will require more than 15 minutes to grade
This is 1 subtracted by the pvalue of Z when X = 15. So



has a pvalue of 0.3783.
1 - 0.3783 = 0.6217
62.17% probability that a randomly selected exam will require more than 15 minutes to grade