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Svetach [21]
2 years ago
8

1 pts

Mathematics
1 answer:
balu736 [363]2 years ago
8 0

9514 1404 393

Answer:

  $935.11

Step-by-step explanation:

The amount is given by the formula ...

  A = P(1 +r/n)^(nt) . . . P invested at rate r for t years compounded n per year

  A = $850(1 +0.024/2)^(2·4) = $935.11

The amount accumulated will be $935.11 after 4 years.

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Answer:

The expected amount for a duration of 20 weeks is $9.4

<em></em>

Step-by-step explanation:

Read attachment to understand the complete question

From the question, we have the following given parameters:

x = Amount paid for a second movie

E(x) = 0.47 --- Expected value of x

SD(x) = 0.15 --- Standard deviation of x

Required

Determine the total amount paid for a second movie for 20 weeks

The required implies that we calculate the expected value for a duration of 20 weeks.

i.e.

n = 20

If

E(x) = 0.47

Then:

E(nx) = n * E(x)

Substitute 20 for n

E(20x) = 20 * E(x)

Substitute 0.47 for E(x)

E(20x) = 20 * 0.47

E(20x) = 9.4

<em>Hence, the expected amount for a duration of 20 weeks is $9.4</em>

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