Answer:
He will have $276.10 available towards the down payment for his motorcycle
Step-by-step explanation:
The compound interest formula is given by:
Where A is the amount of money, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per unit t and t is the time the money is invested or borrowed for.
In this problem, we have that:
Compounded quarterly, so n = 12/4 = 3.
We have to find A.
He will have $276.10 available towards the down payment for his motorcycle
For this case we must express the number "423" in a radical way.
We have to, we can rewrite it as:
So, we have to:
By definition of properties of powers and roots we have:
So:
Answer:
Answer: 16517 dollars
Step-by-step explanation:
Given that x is the number of years after 2000.
In 2005, the number of years x = 4
Because the equation was modelled for 4 year college courses
The best estimate for the average cost of tuition in 2005 will be
ŷ = 937.98(4) + 12,764.90
Y = 3751.92 + 12764.9
Y = 16516.82 dollars
Y = 16517 dollars
Answer: It would be A, B, and lastly E.
Answer:
Variance of the given data = 31.143
Explanation:
Variance, , where n is the number of observations, μ is the mean and is the observations made.
Number of observations, n = 7
Mean, μ =
So variance of the given data = 31.143