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The equivalent expression for the expression that represents the amount Carmen would earn is 5000(1.0005^12)^t.
<h3>What is the equivalent expression?</h3>Based on the expression given, Carmen's investment is compounded monthly.
The formula for calculating future value:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value
- R = interest rate
- m = number of compounding
- N = number of years
5000(1.0005)^12t
= 5000(1.0005^12)^t
50002.5^12t
Please find attached the complete question.To learn more about future value, please check: brainly.com/question/18760477
Answer:
81.8%
Step-by-step explanation:
Mean =
Standard deviation =
Now we are supposed to find out what percent of the numbers fall between 35 and 50
Substitute the values
Now for P(35<x<50)
Substitute x = 35
Substitute x = 50
So, P(-1<z<2)
P(z<2)-P(z<-1)
=0.9772-0.1587
=0.8185
=
=81.8%
Hence 81.8% percent of the numbers fall between 35 and 50