Henry is investing at a continuously compounded annual interest rate of 4.5%. How many years will it take for the balance
to triple? Round your answer up to the nearest whole number, and do not include the units in your answer.

Answers

Answer 1

Answer:

1 year

Step-by-step explanation:

Hello,

Continuously compounding with an annual interest rate of 4.5% means multiplying the initial investment by (for t tears).

[tex]\displaystyle e^{(1+4.5\%)t}=e^{\left( 1.045\cdot t \right) }[/tex]

So we need to find t so that:

[tex]\displaystyle e^{\left( 1.045\cdot t \right) }=3\\\\1.0.45t=ln(3)\\\\t=\dfrac{ln(3)}{1.045}=1.051304...[/tex]

Rounding to the nearest whole number gives 1 year.

Hope this helps.

Do not hesitate if you need further explanation.

Thank you

Answer 2

Answer:

25

Step-by-step explanation:

Trust me


Related Questions

The average daily volume of a computer stock in 2011 was ų=35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2014 is different from the 2011 level. Based on a random sample of 30 trading days in 2014, he finds the sample mean to be 32.7 million shares, with a standard deviation of s=14.6 million shares. Test the hypothesis by constructing a 95% confidence interval. Complete a and b A. State the hypothesis B. Construct a 95% confidence interval about the sample mean of stocks traded in 2014.

Answers

Answer:

a

   The  null hypothesis is  [tex]H_o : \mu = 35 .1 \ million \ shares[/tex]

    The  alternative hypothesis  [tex]H_a : \mu \ne 35.1\ million \ shares[/tex]

b

 The   95% confidence interval is  [tex]27.475 < \mu < 37.925[/tex]

Step-by-step explanation:

From the question the we are told that

      The  population mean is  [tex]\mu = 35.1 \ million \ shares[/tex]

      The  sample size is  n = 30

       The  sample mean is  [tex]\= x = 32.7 \ million\ shares[/tex]

       The standard deviation is  [tex]\sigma = 14.6 \ million\ shares[/tex]

     

Given that the confidence level is  [tex]95\%[/tex] then the level of significance is mathematically represented as

                  [tex]\alpha = 100-95[/tex]

                  [tex]\alpha = 5\%[/tex]

=>               [tex]\alpha = 0.05[/tex]

Next we obtain the critical value of [tex]\frac{\alpha }{2}[/tex] from the normal distribution table

    The value is  [tex]Z_{\frac{\alpha }{2} } = 1.96[/tex]

Generally the margin of error is mathematically represented as

                 [tex]E = Z_{\frac{\alpha }{2} } * \frac{ \sigma }{\sqrt{n} }[/tex]

substituting values

                [tex]E = 1.96 * \frac{ 14.6 }{\sqrt{30} }[/tex]

                [tex]E = 5.225[/tex]

The 95% confidence interval confidence interval is mathematically represented as

              [tex]\= x -E < \mu < \= x +E[/tex]

substituting values

               [tex]32.7 - 5.225 < \mu < 32.7 + 5.225[/tex]

                [tex]27.475 < \mu < 37.925[/tex]

       

Question 1 (Multiple Choice Worth 4 points)
(08.01) Looking at the spread of your data best fits which step of the statistical process?

Answers

Answer:

The answer is "Analysis the information by chart and number processes".

Step-by-step explanation:

They already have articulated a query and also gathered information unless you are searching only at the distribution of your results. Those who are ready to analyze your results for all are there.

Given a population with a mean of µ = 100 and a variance of σ2 = 1600, the central limit theorem applies when the sample size is n ≥ 25. A random sample of size n = 50 is obtained. • What are the mean and variance of the sampling distribution for the sample means? • What is the probability that ¯X > 110?

Answers

Answer:

The probability that the sample mean is more than 110 is 0.0384.

Step-by-step explanation:

According to the Central Limit Theorem if we have an unknown population with mean μ and standard deviation σ and appropriately huge random samples (n > 30) are selected from the population with replacement, then the sampling distribution of the sample mean will be approximately normally distributed.  

Then, the mean of the sampling distribution of sample mean is given by:

[tex]\mu_{\bar x}=\mu[/tex]

And the variance of the sampling distribution of sample mean is given by:

[tex]\sigma^{2}_{\bar x}=\frac{\sigma^{2}}{n}[/tex]

The information provided is:

[tex]n=50\\\\\mu=100\\\\\sigma^{2}=1600[/tex]

Since n = 50 > 30, the central limit theorem can be applied to approximate the sampling distribution of sample mean by the normal distribution.

The mean variance of the sampling distribution for the sample mean are:

[tex]\mu_{\bar x}=\mu=100\\\\\sigma^{2}_{\bar x}=\frac{\sigma^{2}}{n}=\frac{1600}{50}=32[/tex]

That is, [tex]\bar X\sim N(100, 32)[/tex].

Compute the probability that the sample mean is more than 110 as follows:

[tex]P(\bar X>110)=P(\frac{\bar X-\mu_{\bar x}}{\sigma_{\bar x}}>\frac{110-100}{\sqrt{32}})[/tex]

                   [tex]=P(Z>1.77)\\=1-P(Z<1.77)\\=1-0.96164\\=0.03836\\\approx 0.0384[/tex]

*Use a z-table.

Thus, the probability that the sample mean is more than 110 is 0.0384.

State whether the data described below are discrete or​ continuous, and explain why.

The widths (in centimeters) of different paintings in an art museum

nothing

Choose the correct answer below.

A. The data are continuous because the data can only take on specific values.

B. The data are discrete because the data can only take on specific values.

C. The data are discrete because the data can take on any value in an interval.

D. The data are continuous because the data can take on any value in an interval.

Answers

D) The data are continuous because the data can take on any value in an interval

Determine whether the sequence converges or diverges. If it converges, find the limit. (If an answer does not exist, enter DNE.)
an = (−3^n)/(4n!)

Answers

Answer:

[tex]a_{i} = \frac{(-3)^{i}}{4\cdot i!}[/tex] converges.

Step-by-step explanation:

The convergence analysis of this sequence is done by Ratio Test. That is to say:

[tex]r = \frac{a_{n+1}}{a_{n}}[/tex], where sequence converges if and only if [tex]|r| < 1[/tex].

Let be [tex]a_{i} = \frac{(-3)^{i}}{4\cdot i!}[/tex], the ratio for the expression is:

[tex]r =-\frac{3}{n+1}[/tex]

[tex]|r| = \frac{3}{n+1}[/tex]

Inasmuch [tex]n[/tex] becomes bigger, then [tex]r \longrightarrow 0[/tex]. Hence, [tex]a_{i} = \frac{(-3)^{i}}{4\cdot i!}[/tex] converges.

Translate the statements into a confidence interval for p. Approximate the level of confidence. In a survey of 8451 U.S. adults, 31.4% said they were taking vitamin E as a supplement. The survey's margin of error is plus or minus 1%.

Answers

Answer:

The  confidence interval is  [tex]0.304 < p < 0.324[/tex]

Step-by-step explanation:

From the question we are told

      The sample proportion [tex]\r p = 0.314[/tex]

      The margin of error  is [tex]E = 0.01[/tex]

The confidence interval for  p is mathematically represented as

       [tex]\r p - E < p < \r p + E[/tex]

=>    [tex]0.314 - 0.01 < p < 0.314 + 0.01[/tex]

=>   [tex]0.304 < p < 0.324[/tex]

Oregon State University is interested in determining the average amount of paper, in sheets, that is recycled each month. In previous years, the average number of sheets recycled per bin was 59.3 sheets, but they believe this number may have increase with the greater awareness of recycling around campus. They count through 79 randomly selected bins from the many recycle paper bins that are emptied every month and find that the average number of sheets of paper in the bins is 62.4 sheets. They also find that the standard deviation of their sample is 9.86 sheets. What is the value of the test-statistic for this scenario

Answers

Answer:

The test statistic is [tex]t = 2.79[/tex]

Step-by-step explanation:

From the question we are told that

    The population mean is [tex]\mu = 59.3[/tex]

    The sample size is  [tex]n = 79[/tex]

    The  sample mean is  [tex]\= x = 62.4[/tex]

    The  standard deviation is  [tex]\sigma = 9.86[/tex]

Generally the test statistics is mathematically represented as

            [tex]t = \frac{\= x - \mu }{ \frac{ \sigma}{ \sqrt{n} } }[/tex]

substituting values

          [tex]t = \frac{ 62.2 - 59.3 }{ \frac{ 9.86}{ \sqrt{ 79} } }[/tex]

          [tex]t = 2.79[/tex]

Suppose that you are standing 150 feet from a building and the angle of elevation to the top of the building is 42°. What is the building's height?

Answers

Answer:

135.06 feet

Step-by-step explanation:

Since the side of the building makes a right triangle with the ground and you know one side length and the degree angle between you and the top of the building we can use trigonometric function to find the height of the building. So since we know one side other than the hypotenuse we can use tangent to solve. Tangent is the opposite side over the adjacent side of the known angle.

opposite side = x

adjacent side = 150 feet

angle = 42°

tan(42°) = x/150 feet

150 feet * tan(42°) = x

x = 135.06 feet

An operator wants to determine the standard deviation for a machine relative to its ability to produce windshield wipers conforming within their specifications. To do this, she wants to create a p-chart. Over a month's time, she tests 100 units every day and records the number of manufacturing defects. The average proportion of non-conforming windshield wipers is found to be 0.042. What is the standard deviation of this sample

Answers

Answer:

the standard deviation of the sample is less than  0.1

Step-by-step explanation:

Given that :

The sample size n = 100 units

The average proportion of non-conforming windshield wipers is found to be 0.042 which is the defective rate P-bar

The standard deviation of the machine([tex]S_p[/tex]) can be calculated  by using the formula:

[tex]S_p =\dfrac{ \sqrt{ \overline P \times (1 - \overline P)} }{n}[/tex]

[tex]S_p =\dfrac{ \sqrt{0.042 \times (1 -0.042)} }{100}[/tex]

[tex]S_p =\dfrac{ \sqrt{0.042 \times (0.958)} }{100}[/tex]

[tex]S_p =\dfrac{ \sqrt{0.040236} }{100}[/tex]

[tex]S_p =\dfrac{ 0.2005891323 }{100}[/tex]

[tex]S_p =0.002[/tex]

Thus , the standard deviation of the sample is less than  0.1

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Answers

Answer:

32.8 miles

Step-by-step explanation:

Amy is driving to Seattle. Suppose that the remaining distance to drive (in miles) is a linear function of her driving time (in minutes). When graphed, the function gives a line with a slope of -0.95. See the figure below. Amy has 48 miles remaining after 31 minutes of driving. How many miles will be remaining after 47 minutes of driving?

Answer: The general equation of a line is given as y = mx + c, where m is the slope of the line and c is the intercept on the y axis. Given that the slope is -0.95, substituting in the general equation :

y = -0.95x + c

Amy has 48 miles remaining after 31 minutes of driving, to find c, we substitute y = 48 and x = 31. Therefore:

48 = -0.95(31) + c

c = 48 + 0.95(31)

c = 48 + 29.45

c = 77.45

The equation of the line is

y = -0.95x + 77.45

After 47 minutes of driving, the miles remaining can be gotten by substituting x = 47 and finding y.

y = -0.95(47) + 77.45

y = -44.65 + 77.45

y = 32.8 miles

Sarah needs to go to five different stores. How many ways can she go to two of them before lunch?

Answers

Answer:

10

Step-by-step explanation:

Solution 1: At first, you might think that because there are 5 ways to choose the first store and 4 ways to choose the second store, the answer is 5 * 4 = 20 but this is over-counting by a factor of 2. Say that two of the stores are A and B. If she went to A then B, that's the same as going to B then A since you still go to the same stores, therefore, the answer is 20 / 2 = 10.

Solution 2: We need to find the number of ways to choose 2 stores from 5, we can do this by calculating ₅C₂ which equals:

5! / 2!  * 3!

= 5 * 4 * 3 * 2 * 1 / 2 * 1 * 3 * 2 * 1

= 5 * 4 / 2 * 1

= 10

Each corner of a rectangular prism is cut off. Two (of the eight) cuts are shown. How many edges does the new figure have? Assume that the planes cutting the prism do not intersect anywhere in or on the prism. EXPLAIN PLS

Answers

Answer:

  36

Step-by-step explanation:

Each cut creates a triangular face where the corner used to be. That face adds three edges to the figure. The 8 cuts add a total of 8×3 = 24 edges to the 12 edges the prism already had.

The new figure has 12+24 = 36 edges.

What is the area of the house (including the drawing room, TV room, balcony, hallway, kitchen, and bedroom)?

Answers

Answer:

A

Step-by-step explanation:

In order to study the mean blood pressure of people in his town, Richard samples the population by dividing the residents by age and randomly selecting a proportionate number of residents from each age group. Which type of sampling is used?
a. Convenience sampling
b. Cluster sampling
c. Stratified sampling
d. Systematic sampling

Answers

Answer:

C Stratified sampling

Step-by-step explanation:

Stratified sampling : Stratified sampling is a type of sampling technique in which the total population is divided into smaller groups or strata to complete the sampling process. The strata is formed based on some common characteristics in the data of the population.

One of the advantage of stratified random sampling is that it covers important population characteristics in the sample.

What is the slope of the line that passes through (2, 12) and (4, 20)?On the graph of the equation 3x + 2y = 18, what is the value of the y-intercept?

Answers

Answer: The slope of the line that passes through (2, 12) and (4, 20) is 4.

The value of the y-intercept is 9.

Step-by-step explanation:

Slope of line passing through (a,b) and (c,d) = [tex]\dfrac{d-b}{c-a}[/tex]

Then, the slope of the line that passes through (2, 12) and (4, 20) = [tex]\dfrac{20-12}{4-2}[/tex]

[tex]=\dfrac{8}{2}=4[/tex]

So, the slope of the line that passes through (2, 12) and (4, 20) is 4.

To find the y-intercept of 3x + 2y = 18, first write in slope intercept form y=mx+c ( where c= y-intercept ).

[tex]2y=-3x+18\\\\\Rightarrow\ y=-\dfrac{3}{2}x+9[/tex]

By comparison,  c= 9

Hence, the value of the y-intercept is 9.

Many stores run "secret sales": Shoppers receive cards that determine how large a discount they get, but the percentage is revealed by scratching off that black stuff only after the purchase has been totaled at the cash register. The store is required to reveal (in the fine print) the distribution of discounts available. Determine whether the following probability assignment is legitimate?


10% off 20% off 30% off 50% off
a. 0.2 0.2 0.2 0.2
b. 0.5 0.3 0.2 0.1
c. 0.8 0.1 0.05 0.05
d. 0.75 0.25 0.25 -0.25
e. 1 0 0 0

Answers

Answer:

b

Step-by-step explanation:

it makes the most senses the lower the discount the higher the chance

For a given confidence level, t ? df is larger than z ? . Explain how t ∗ df being slightly larger than z ∗ affects the width of the confidence interval.

Answers

Answer:

Answer is below

Step-by-step explanation:

The width of the CI is directly proportional to critical value. When t* is greater than z value, the t value would then cause the margin of error to be larger and this will in turn cause the width of the confidence interval to be larger.

Greater t*df than z* gives us a bigger margin of error. This would in turn give bigger width of confidence interval. t distribution has greater width confidence interval compared to z distribution.

The width of confidence interval is a function of the margin of error. If the critical value of t(t*) is slightly larger than the critical value of z(z*), then the width of the confidence interval will be larger.

The margin of error is the product of the critical value and the standard error. Therefore, given the same standard error value, the value of the margin of error will increases based on the value of the critical value.

Since, t* is slightly larger than z*, then the confidence interval, t will be wider.

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If xy = 1 what is the arithmetic mean of x and y in terms of y? Please show work as detailed as possible

Answers

Answer:

(1+y^2) /2y

Step-by-step explanation:

arithmetic mean is the average of x and y

(x+y)/2

Using the equation

xy = 1

and solving for x

x = 1/y

Replacing x in the first equation

(1/y + y) /2

Multiply by y/y

(1/y + y) /2 * y/y

(1/y + y)*y /2y

(1+y^2) /2y

the temp fell 3 degrees every hour for 5 hours what's the change in temperature​

Answers

Answer:

-15

Step-by-step explanation:

If it fell 3 deg every hour for 5 hours so the equation is 3*5 plus a - sign because it dropped degrees

A projectile is fired vertically upward from a height of 300
300
feet above the ground, with an initial velocity of 900
900
ft/sec. Recall that projectiles are modeled by the function h(t)=−16t2+v0t+y0
h
(
t
)
=

16
t
2
+
v
0
t
+
y
0
. Write a quadratic equation to model the projectile's height h(t)
h
(
t
)
in feet above the ground after t seconds.

Answers

Step-by-step explanation:

It is given that, a projectile is fired vertically upward from a height of 300  feet above the ground, with an initial velocity of 900 ft/s.

The general equation with which a projectile are modled by the function is given by :

[tex]h(t)=-16t^2+v_ot+y_o[/tex]

y₀ is the initial height above the ground

v₀ = initial velocity

So,

[tex]h(t)=-16t^2+900t+300[/tex]

This is the quadratic equation that models the projectile height in feet above the ground after t seconds.

What is the solution to the system of equations? -2x-3y+z=-6, z=6, 3x-y+z=13

Answers

Answer:

B is the correct answer.

Step-by-step explanation:

-2x+3y+z=-6

z=6

-2x+3y+6=-6

-2x+3y=-12

-2(3)+3(2)

-6+6=0 A is incorrect

-2(3)+3(-2)=-12

-6-6=-12

B is the correct answer.

I am not going to show C or D, because you have the right answer. Hope this helps you. Thank you.

Which of the following is an example of closure? (1 point)
The equation 5 - 5 = 0 is an example of the natural numbers being closed under subtraction
The equation 1.5 +1.6 = 3.1 is an example of the rational numbers being closed under addition
The equation 4 - 6 = -2 is an example of the whole numbers being closed under subtraction
The equation 1+0= 1 is an example of the natural numbers being closed under addition

Answers

Answer:

The equation 1+0=1

Step-by-step explanation:

Other options are not eligible because

1 option -Natural numbers cannot be closed under subtraction

2 option-The equation is not having proper rational numbers, they are decimals

3 option-Whole numbers cannot be closed under subtraction

Thank you!

There are 2229 students in a school district. Among a sample of 452 students from this school district, 163 have mathematics scores below grade level. Based on this sample, estimate the number of students in this school district with mathematics scores below grade level.

a. 804
b. 844
c. 884
d. 0.36

Answers

Answer:

A. 804

Step-by-step explanation:

Given the total number of students in the school to be 2229 students. If among a sample of 452 students from this school district, 163 have mathematics scores below grade level, then we can determine the number of students in this school district with mathematics scores below grade level based on the sample scores using ratio.

Let the number of students in this school district with mathematics scores below grade level be x. The ratio of the students with math score below grade level to total population will be x:2229

Also, the ratio of the sample students with math score below grade level to sample population will be 163:452

On equating both ratios, we will have;

x:2229 =  163:452

[tex]\dfrac{x}{2229} = \dfrac{163}{452}\\ \\cross\ multiplying;\\\\\\452*x = 2229*163\\\\x = \dfrac{2229*163}{452}\\ \\x = \frac{363,327}{452}\\ \\x = 803.8\\\\x \approx 804[/tex]

Hence the estimate of the number of students in this school district with mathematics scores below grade level based on the sample is 804

Bob cycles 5.4 km every morning.how many feet are in 5.4 km, given that 1 mile=1.609 km and 1 mile=5,280 feet?

Answers

Answer:

17,720 ft

Step-by-step explanation:

5.4 km * (1 mile)/(1.609 km) * (5280 ft)/(1 mile) = 17,720 ft

The graph of g(x) = x – 8 is a transformation of the graph of f(x) = x. Which of
the following describes the transformation?
(A) translation 8 units down
(B) translation 8 units up
(C) translation 8 units right
(D) translation 8 units left

Answers

Technically the answer is both A and C, because you can see it as (x-8)^1, meaning 8 to the right, or just x-8, meaning 8 down.

A racecar is traveling at a constant speed of 150 miles per hour. How many feet does it travel in 5 seconds? Remember that 1 mile is 5280 feet.

Answers

Answer:

distance covered in 5 seconds

= 1.4283 *10^10 feet

Step-by-step explanation:

A racecar is traveling at a constant speed of 150 miles per hour.

One mile = 5280 feet

150 miles= 5290*150

150 miles= 793500 feet

A racecar is traveling at a constant speed of 793500 feet per hour.

Converting 793500 feet per hour to feet per seconds .

793500 feet per hour

= 793500*60*60 feet per seconds

=2856600000 feet per second

In 5 seconds , distance covered

= 2856600000 *5

distance covered in 5 seconds

= 1.4283 *10^10 feet

A number is chosen at random from 1 to 50. Find
the probability of selecting multiples of 10.
Step by step.

Answers

Answer:

  1/10

Step-by-step explanation:

There are 5 numbers in the range that are multiples of 10: 10, 20, 30, 40, 50. The probability of choosing one of those at random from the set of 50 numbers is ...

  5/50 = 1/10

Answer two questions about Equations A and B: A.5x=20 \ B.x=4 ​ 1) How can we get Equation B from Equation A? Choose 1 answer: (Choice A) Multiply/divide both sides by the same non-zero constant (Choice B,) Multiply/divide both sides by the same variable expression (Choice C) Add/subtract the same quantity to/from both sides (Choice D) Add/subtract a quantity to/from only one side

Answers

Answer:

Multiply/divide both sides by the same non-zero constant

Step-by-step explanation:

5x = 20

Divide each side by 5

5x/5 = 20/5

x = 4

To obtain (B) from (A) "Multiply/divide both sides by the same non-zero constant"

Given the equations :

5x = 20 ___ (A)x = 4 _____ (B)

To obtain the value ; x = 4 from A

We multiply (A) by the same non-zero constant

Here, the constant value which can be used is 5 in other to isolate 'x'

5x/5 = 20/5

x = 4

Therefore, to obtain (B) from (A) "Multiply/divide both sides by the same non-zero constant"

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How many solutions does the following equation have ?
−3x+9−2x=−12−5x

Answers

[tex]\text{Solve for x:}\\\\-3x+9-2x=-12-5x\\\\\text{Combine like terms}\\\\-5x+9=-12-5x\\\\\text{Add 5x to both sides}\\\\9=-12\\\\\text{Since that's not valid, there would be no solutions}\\\\\boxed{\text{No solutions}}[/tex]

one of these marbles is picked at random. what is the probability that a blue marble is picked?
A.1/3
B.2/5
C.1/2
D.1/4

Answers

Answer:

1/3

Step-by-step explanation:

there are twelve marbles total. there are 4 blue marbles.

4/12 = 1/3

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