Y-intercept happens when x = 0
y-intercept represents if Mitch doesn't add the monthly savings, so the savings account will still remain in $175
Answer: 8:12,8to12
Step-by-step explanation:
Answer:
How much would $25,000 be worth if it was compounded monthly at an annual rate of 4% after 15 years? How much would $5,000 be worth if it was compounded monthly at an annual rate of 3% after 35 years?
Step-by-step explanation:
Let x represent the scores. With mean and standard deviation given,
The Empirical rule states that
1) About 68% of the x values lie between 1 standard deviation below and above the mean
2) About 95% of the x values lie between 2 standard deviation below and above the mean
3) About 99.7% of the x values lie between 3 standard deviation below and above the mean
If we consider this rule, then the percentage of scores that fall within 3 standard deviation (-3 to +3) is 99% because this is closer to 99.7%
