Answer:
Dan will have $1,531.53 after 5 years.
Step-by-step explanation:
To find the answer, you can use the following formula to calculate the future value:
F= P(1 + r)^t
F= Future value
P= Present value= 1200
r= rate of interest= 5%
t= time= 5
F=1200(1+0.05)^5
A=1200(1.05)^5
A=1531.53
According to this, the answer is that Dan will have $1,531.53 after 5 years.
Answer:
Step-by-step explanation:
12/4=3 and 16/8=2
Answer:
Mean = 30516.67
Standard deviation, s = 3996.55
P(x < 27000) = 0.0011518
Step-by-step explanation:
Given the data:
28500 35500 32600 36000 34000 25700 27500 29000 24600 31500 34500 26800
Mean, xbar = Σx / n = 366200 /12 = 30516.67
Standard deviation, s = [√Σ(x - xbar) / n-1]
Using calculator, s = 3996.55
The ZSCORE = (x - mean) / s/√n
Zscore = (27000 - 30516.67) / (3996.55/√12)
Zscore = - 3516.67 / 1153.7046
Zscore = - 3.048
P(x < 27000) = P(Z < - 3.049) = 0.0011518
Answer:
2.04081632653
Step-by-step explanation:
If you wanted to round it, it would be 2 because the 4 isn't enough to bump it up. Hope this helped you!
The answer would be B C E hope this helps :)