Answer:
so rate is 4.72 %
Step-by-step explanation:
Given data
time (t) = 5 year = 5×4 = 20 quarterly
amount = $27456
principal = $1225
to find out
interest rate (r)
solution
we use here amount formula that is
amount = principal (
-1 ) / r .....................1
put all value principal , amount and time in equation 1 and we get rate
rate is r/4 because it is quarterly payment
amount = principal (
-1 ) / r/4
27456 = 1225 (
-1 ) / r/4
( -1 ) / r/4 = 27456/ 1225
(
-1 ) / r = 27456/ (1225 × 4)
( -1 ) = r 27456/ (1225 × 4)
now by the tvm solver and amount $27456
graph value
we get r = 0.0472
so rate is 4.72 %
Answer:
The answer is D.
Step-by-step explanation:
sooo UwU which becomes O////O then becomes T.T
Answer: 0.60
Step-by-step explanation:
Given: Mean : 
Standard deviation : 
The formula to calculate z is given by :-
For x= 20 minutes
The P Value =
Hence, the probability that a randomly selected shopper will spend less than 20 minutes in the store= 0.60
I’m trying to work it out right now but either way search it up it might come out
1/2 which can be simplified in many forms such as 4/8 or 3/6 or 6/12
