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Romashka-Z-Leto [24]
3 years ago
8

How much should you invest at 4.8% compounded continuously to have $5000 in 2 years?

Mathematics
2 answers:
mezya [45]3 years ago
7 0

Answer:

The total compound interest is $502.74 i think

Step-by-step explanation:

Korolek [52]3 years ago
5 0

24/5

\frac{24 \times 5000  }{5 \times100 } =  \frac{240 \times 5000}{100}  = 240 \times 50 = 12000 =12000 + 240 = 12240

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miskamm [114]

Answer: 135 days

Step-by-step explanation:

Since the amount of time it takes her to arrive is normally distributed, then according to the central limit theorem,

z = (x - µ)/σ

Where

x = sample mean

µ = population mean

σ = standard deviation

From the information given,

µ = 21 minutes

σ = 3.5 minutes

the probability that her commute would be between 19 and 26 minutes is expressed as

P(19 ≤ x ≤ 26)

For (19 ≤ x),

z = (19 - 21)/3.5 = - 0.57

Looking at the normal distribution table, the probability corresponding to the z score is 0.28

For (x ≤ 26),

z = (26 - 21)/3.5 = 1.43

Looking at the normal distribution table, the probability corresponding to the z score is 0.92

Therefore,

P(19 ≤ x ≤ 26) = 0.92 - 28 = 0.64

The number of times that her commute would be between 19 and 26 minutes is

0.64 × 211 = 135 days

8 0
3 years ago
Application of linear equation in two variable in real life
Ivan
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6 0
4 years ago
3. Find the slope of the line that goes through the following points: (6.-1) and (-3, 11)
Alik [6]

Answer:

1.33

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3 0
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True or False. To select 3 items out of 4 distinct objects, use C(4,3).
kenny6666 [7]

Answer:

True.

Step-by-step explanation:

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3 years ago
Two lines intersect. Find the value of b and c.<br> bº<br> 42°
yaroslaw [1]

Answer:

b=42 degrees

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Step-by-step explanation:

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4 0
3 years ago
Read 2 more answers
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