Answer Interest rate = 12.3%
The compound interest formula is given by:
Where
A = Future amount
P = Present amount (Principal amount)
r = Interest rate in decimal form
n = No. of times compounded per year
t = time in years.
We can say that if:
Present amount = P
Future amount = 3P
r = 12.3/100 = 0.123
n = 1
t = ?
Substitute the values in the formula of compound interest:
Taking log on both sides.
Round off to nearest option
t ≅ 9 years
Answer:
Find the mean of the sampling distribution of xC-xT
Calculate and interpret the standard deviation of the sampling distribution. Verify that the 10% condition is met.
Justify that the shape of the sampling distribution
Step-by-step explanation:
2.4 letters. Both distributions of word length are unimodal and skewed to the right. Independent random samples of 40 words
Answer:
Step-by-step explanation:
<h3>Given GP</h3>
<h3>To find</h3>
<h3>Solution</h3>
<u>Substitute ar in the second equation</u>
- ar⁵= 16
- 4r⁴ = 16
- r⁴ = 4
- r = √2
<u>Then finding a₄</u>
- a₄ = a₂*r² = 4*(√2)² = 4*2= 8
