Answer:
<em>It will take 9 years for the population to double</em>
Step-by-step explanation:
<u>Exponential Growth
</u>
The natural growth of some magnitudes can be modeled by the equation:
Where P is the actual amount of the magnitude, Po is its initial amount, r is the growth rate and t is the time.
The population of a city grows at a rate of r=8% = 0.08 per year. We are required to find when (t) the population will double, or P=2Po.
Substituting in the equation:
Simplifying:
Taking logarithms:
Applying the exponent property of logs:
Solving for t:
Calculating:
It will take 9 years for the population to double
Hello!
To find the area of the trapezoid, you use the formula A=1/2h(a+b), where a and b represent the two base lengths.
Since we already know the two bases and the height, we can just plug them into the equation to find the area.
A=1/2·15.4(26.7+9.9)
A=1/2·15.4(36.6)
A=1/2·563.64
A=281.82
The area is 281.82 ft².
I hope this helps!
Answer:
E) we will use t- distribution because is un-known,n<30
the confidence interval is (0.0338,0.0392)
Step-by-step explanation:
<u>Step:-1</u>
Given sample size is n = 23<30 mortgage institutions
The mean interest rate 'x' = 0.0365
The standard deviation 'S' = 0.0046
the degree of freedom = n-1 = 23-1=22
99% of confidence intervals 
(from tabulated value).
using calculator
Confidence interval is
the mean value is lies between in this confidence interval
(0.0338,0.0392).
<u>Answer:-</u>
<u>using t- distribution because is unknown,n<30,and the interest rates are not normally distributed.</u>
Answer:
the answer is d
Step-by-step explanation:
