Answer:
a. 0.38%
b. 266.75 days
Step-by-step explanation:
We have the following data, mean (m) 269 and standard deviation (sd) 15, therefore:
a. The first thing is to calculate the number z:
z (x) = (x - m) / sd
z (309) = (309-269) / 15 = 2.67
When looking in the normal distribution table (attached), we have that at this value of z, the probability is:
P (z> 2.67), that is to say we must look in the table -2.67 and this value corresponds to 0.0038, that is to say 0.38%
b. Find the z-value with a left tail of 44%, i.e. 0.44. We look in the table for this value and what value of z corresponds.
invNorm (0.44) = -0.15
Find the corresponding number of days:
x = z * sd + m
we replace
d = -0.15 * 15 + 269 = 266.75 days
18x can also be expressed as:
= 2x * (4+5)
= 2x * 9
= 18x
ANSWER: 2x * (4 + 5)
Hope this helps! :)
First place is a
Fifth place is b
Answer:
31 years to triple the investment
Step-by-step explanation:
Initial investment = 300
Triple amount that is final amount = 300*3= 900
rate of interest = 3.5 % = 0.035
we need to find out number of years (t)
for compounded continuously we use formula

A is the final amount
P is the initial amount
r is the rate of interest
t is the number of years

Divide both sides by 300

take 'ln' on both sides

ln(3) = 0.035t ln(e)
ln(e)= 1

t= 31.3889
Round to nearest whole number
t= 31 years
The answer is You are a variable