Answer:
(a) The future value after 9 years is $7142.49.
(b) The effective rate is .
(c) The time to reach $13,000 is 21.88 years.
Step-by-step explanation:
The definition of Continuous Compounding is
If a deposit of dollars is invested at a rate of interest compounded continuously for years, the compound amount is
(a) From the information given
Applying the above formula we get that
The future value after 9 years is $7142.49.
(b) The effective rate is given by
Therefore,
(c) To find the time to reach $13,000, we must solve the equation
She would weigh 48.98
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Answer:
Interference for regression
Explanation:
Interference for regression is the most suitable statistical test to use to find out if there is any link between number of missed classes and the final test scores.
Because those two variables are related and student test score can be predicted using number of classes that are missed.
Answer:
They are on their simplified form.
Step-by-step explanation:
Since these numbers are prime numbers we can't simplify them. But we can change them to decimal.
1/2=0.5
1/3=0.3 (in which 3 repeats itself)
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