The following table represents the highest educational attainment of all adult
residents in a certain town. If a resident who is 40 or older is chosen at random, what
is the probability that they have only completed high school? Round your answer to
the nearest thousandth.
High school only
Some college
Bachelor's degree
Master's degree
Total
Age 20-29 Age 30-39 Age 40-49 Age 50 & over Total
1567
1078
5664
718
5026
1324
430
3550
1713
900
969
5149
1077
615
1108
525
3325
1942
1980
2062
513
6497
5394
2437
18521

The Following Table Represents The Highest Educational Attainment Of All Adultresidents In A Certain

Answers

Answer 1

The probability that a person chosen at random at age 40 or older has only completed high school is 0.2912.

What is probability?

Probability is the chance or likelihood that something will occur. It is quantified using numbers, ranging from 0 (no chance) to 1 (certainty). It also helps us to draw conclusions about the chances of something happening based on the available data.

The total number of people who have only completed high school

=(5394)

the total number of people in the age group 40 and over =(18521)

By dividing both the data, we get

5394/18521= 0.2912

From the given data in the table, we can calculate the probability that a person chosen at random at age 40 or older has only completed high school.

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Related Questions

23 people attend a party. each person shakes hands with at most 22 other people. what is the maximum possible number of handshakes, assuming that any two people can shake hands at most once?

Answers

The maximum possible number of handshakes that can happen at the party with 23 people with at most 22 other people is 253. This is calculated by combination.

What is the maximum possible number of handshakes?

Twenty-three people attend a party. each person shakes hands with at most 22 other people.

To find the maximum possible number of handshakes, assuming that any two people can shake hands at most once, we need to use Combination by finding the number of unique pairs of people in the party.

nCr (combination) to find the number of unique pairs of people.

Therefore,[tex]^nC_r = \frac{n!}{(n-r)!  r!}[/tex]

where n is the total number of people and r is the number of people in a handshake at a time.

Therefore, the number of unique pairs of people that can shake hands at most once is:

[tex]^{23}C_2 = \frac{23!}{(23-2)!  (2!)}[/tex] [tex]=\frac{23 X22}{2} = 253[/tex]

Hence, the maximum possible number of handshakes that can happen at the party is 253.

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out of total student 3/5 are girls .On a particular day one third boys and 2/5 girls were absent. If total absentees was 280 find total number of students​

Answers

Answer:

Step-by-step explanation:

Calculate fraction of boys

If girls =3/5, then boys = 1 - 3/5 = 2/5.

Calculate fraction of students absent

Girls - 2/5 of 3/5 = 6/25

Boys - 1/3 of 2/5 = 2/15

6/25+2/15=28/75

Calculate total number of students

If 28/75 = 280

280/28=10

10x75=750

Total number of students = 750

could someone help out?

Answers

Answer:

27.18

Step-by-step explanation:

Firstly, you must label the triangle.

r- opposite

13.85- adjacent

We know that tan θ = opposite/ adjacent so we substitute our numbers into the equation.

tan (63) = r/13.85

Then, times 13.85 on both sides so we only have our unknown on one side.

(x13.85)  tan(63)= r/13.85   (x13.85)

r= tan (63) x 13.85

r=27.18

:)

What is the value of (sine 30 + cos 30 ) - (sin 60 + cos 60 )

Answers

The value of ( sin 30° + cos 30° ) - ( sin 60° + cos 60° ) is 0.

(sine 30 + cos 30 ) - (sin 60 + cos 60 )

= ([tex]\frac{1}{2}[/tex] + [tex]\frac{\sqrt{3} }{2}[/tex]) - ([tex]\frac{\sqrt{3} }{2}[/tex] + [tex]\frac{1}{2}[/tex])

= [tex]\frac{1}{2}[/tex]  + [tex]\frac{\sqrt{3} }{2}[/tex] - [tex]\frac{\sqrt{3} }{2}[/tex] - [tex]\frac{1}{2}[/tex]

= [tex]\frac{\sqrt{3} }{2}[/tex] - [tex]\frac{\sqrt{3} }{2}[/tex]

= 0

Trigonometry is a branch of mathematics that focuses on the relationships between angles and the sides of triangles. It involves the study of trigonometric functions such as sine, cosine, tangent, cotangent, secant, and cosecant, and their various properties and applications. These functions relate the angles of a right triangle to the lengths of its sides, and they can be used to solve a wide range of problems in fields such as engineering, physics, astronomy, and navigation.

Trigonometry also includes the study of trigonometric identities, which are mathematical expressions that are true for all values of the variables involved. These identities can be used to simplify complex trigonometric expressions and to prove other mathematical theorems.

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The spinner above is used in a game. What is the theoretical probability of the given event with one spin?

P (5)

Answers

Answer:

B

Step-by-step explanation

so there is 8 numbers so when you spin you have a 1/8 chance of spinning the number

In the diagram below what is the measure in angel x

Answers

Answer:

143°

When solving angle problems, make sure to label the other angles (even the ones that are not asked) and use them to relate to each other to find the answer.

if belongs to the interval , at which values of does the curve have a tangent line parallel to the line ?

Answers

Answer:

you need to show the numbers

Step-by-step explanation:

At the book store, you purchased some $5 clearance mystery books and $12 regular-priced science fiction books. How many of each did you buy if you spent a total of $126?

Answers

Answer: View answer in explanation below.

Step-by-step explanation: Let's use variables to represent the unknown quantities.

Let x be the number of $5 clearance mystery books purchased.

Let y be the number of $12 regular-priced science fiction books purchased.

We can set up a system of equations based on the given information:

5x + 12y = 126 (total amount spent)

x + y = total number of books purchased

We need to solve for x and y.

Let's use the second equation to solve for one variable in terms of the other:

y = total number of books purchased - x

Now we can substitute this expression for y into the first equation:

5x + 12(total number of books purchased - x) = 126

Simplifying and solving for x:

5x + 12total number of books purchased - 12x = 126

-7x + 12total number of books purchased = 126

-7x = -12total number of books purchased + 126

x = (12total number of books purchased - 126)/7

Since x must be a whole number (you can't buy a fraction of a book), we need to find a value of total number of books purchased that makes x a whole number. We can start by trying different values of total number of books purchased:

If total number of books purchased is 10:

x = (12(10) - 126)/7 = -6/7 (not a whole number)

If total number of books purchased is 11:

x = (12(11) - 126)/7 = 6/7 (not a whole number)

If total number of books purchased is 12:

x = (12(12) - 126)/7 = 6/7 (not a whole number)

If total number of books purchased is 13:

x = (12(13) - 126)/7 = 12/7 (not a whole number)

If total number of books purchased is 14:

x = (12(14) - 126)/7 = 18/7 (not a whole number)

If total number of books purchased is 15:

x = (12(15) - 126)/7 = 24/7 (not a whole number)

If total number of books purchased is 16:

x = (12(16) - 126)/7 = 30/7 (not a whole number)

If total number of books purchased is 17:

x = (12(17) - 126)/7 = 36/7 (not a whole number)

If total number of books purchased is 18:

x = (12(18) - 126)/7 = 42/7 = 6 (a whole number)

So, you bought 6 $5 clearance mystery books and 12 - 6 = 6 $12 regular-priced science fiction books.

find the long leg: b =

Answers

Answer:

b ≈ 12.1

Step-by-step explanation:

using the tangent ratio in the right triangle

tan60° = [tex]\frac{opposite}{adjacent}[/tex] = [tex]\frac{b}{7}[/tex] ( multiply both sides by 7 )

7 × tan60° = b , then

b ≈ 12.1 ( to the nearest tenth )

Which of the following subsets of M3(R) are subspaces of M3(R)? (Note: M3(R) is the vector space of all real 3 x 3 matrices)
A. The 3×3 matrices in reduced row-echelon form
B. The 3×3 matrices with all zeros in the third row
C. The diagonal 3×3 matrices
D. The invertible 3×3 matrices
E. The non-invertible 3×3 matrices
F. The symmetric 3×3 matrices

Answers

The subsets B. The 3×3 matrices with all zeros in the third row. C. The diagonal 3×3 matrices, and F. The symmetric 3×3 matrices are subspaces of M3(R).

What is a subspace?

A subspace of a vector space is a portion of that space that meets the three criteria of closure under addition, closure under scalar multiplication, and the presence of the zero vector. If two vectors from the subspace are added, the resultant vector will still be in the subspace because of closure under addition. If a vector from the subspace is multiplied by any scalar, the resultant vector will still be in the subspace, according to the concept of closure under scalar multiplication.

The conditions of a subspace are: closure under addition, closure under scalar multiplication, and contains the zero vector.

For all the options we have:

A: The 3 x 3 matrices in reduced row-echelon form (A): As this subset is not closed under addition, M3(R), it is not a subspace of M3(R).

B. The 3 x 3 matrices with all zeros in the third row: Due to its closure under addition and scalar multiplication as well as the presence of the zero vector, this subset is a subspace of M3(R).

C. The diagonal 3 x 3 matrices: This subset, which is closed under addition and scalar multiplication and contains the zero vector, is a subspace of M3(R).

D. The invertible 33 matrices: Because this subset is not closed under addition, M3(R), it is not a subspace of M3(R).

E. The 3 x 3 matrices that are not invertible Due to the fact that it is not closed under scalar multiplication, this subset is not a subspace of M3(R).

F. The symmetric 3x 3 matrices: This subset, which is closed under addition and scalar multiplication and contains the zero vector, is a subspace of M3(R).

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Graph the system of equations {y=−12x+4y=−12x−2

Answers

Answer:

Step-by-step explanation: i hope this help if not let me know so i can fix it

when an automatic press is a manufacturing process is operaing properly, the lengths of the component it produces are normally distributed with a mean of 8 inches and a standard deviation of 1.5 inches. what is the probability thata randomly selected component is shorter than 7 inches long? (report your answer to 4 decimal places.)

Answers

The probability that a randomly selected component is shorter than 7 inches long is approximately 25.14%.

What is the probability of randomly selected component?

We are given that the lengths of components produced by the automatic press are normally distributed with a mean of 8 inches and a standard deviation of 1.5 inches.

We need to find the probability that a randomly selected component is shorter than 7 inches long.

We can use the standard normal distribution to find this probability. We first need to convert the length of 7 inches to a z-score:

z = (7 - 8) / 1.5 = -0.67

Using a standard normal distribution table or calculator, we can find the area to the left of this z-score, which represents the probability that a randomly selected component is shorter than 7 inches long:

P(z < -0.67) = 0.2514

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I’m a bit stuck please help me out

Answers

On solving the question we can say that Therefore, the solutions to the inequality given inequality are: x < 4 or x > 6.

What is inequality?

An inequality in mathematics is a relationship between two expressions or values ​​that are not equal. Imbalance therefore leads to inequality. An inequality establishes a connection between two values ​​that are not equal in mathematics. Equality is different from inequality. The inequality sign () is most commonly used when two values ​​are not equal. Various inequalities are used to contrast values, no matter how small or large. Many simple inequalities can be solved by changing both sides until only variables remain. But many things contribute to inequality.

two inequalities

4x - 6 < 10

4x < 16

x < 4

2x - 4 > 8

2x > 12

x > 6

Therefore, the solutions to the given inequality are:

x < 4 or x > 6.

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Make up a sequences that have (a) 3,3,3,3,... as its second differences. (b) 1, 2,3,4,5,... as its third differences (c) 1, 2, 4,8,16,... as its 100th differences.

Answers

The nth term of the sequence is 2^n.

(a) 3, 3, 3, 3, ... is a sequence that has 0 for both its first and second differences. That is, every term in the sequence is the same.(b) The sequence is the series of natural numbers. It has 0 for its first and second differences, and 6 for its third differences. The nth term of the sequence is n.(c) The sequence has 0 for its first 99 differences and 100! for its 100th difference. The nth term of the sequence is 2^n.

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If Karel starts at Street 1 and Avenue 1, facing East, where will Karel be, and what direction will Karel be facing after running the following code? (Assume the world is 10x10 in size)move();turnLeft();putBall();turnLeft();turnLeft();turnLeft();move();turnLeft();

Answers

After running the given code, Karel will be at Street 2 and Avenue 2, facing North.

Here is a step-by-step explanation of what the code does:

   move(); - Karel moves one block east, to Street 1 and Avenue 2.

   turnLeft(); - Karel turns left to face north.

   putBall(); - Karel puts a ball at Street 1 and Avenue 2.

   turnLeft(); turnLeft(); turnLeft(); - Karel turns left three times to face south.

   move(); - Karel moves one block south to Street 2 and Avenue 2.

   turnLeft(); - Karel turns left to face east.

So after executing this code, Karel will be at Street 2 and Avenue 2, facing North.

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I need help asap I just need atleast one of these explained and I can do the rest

Answers

Answer:

To factor 30b³-54b², we can factor out the greatest common factor of 6b² to get:

30b³-54b² = 6b²(5b-9)

To factor 35-48y³, we can notice that it is a difference of cubes:

35-48y³ = (5)³ - (4y)³ = (5-4y)(25+20y+16y²)

To factor x³+8, we can use the sum of cubes formula:

x³+8 = (x+2)(x²-2x+4)

To factor 3-64, we can use the difference of squares formula:

3-64 = (1)² - (8)² = (1+8)(1-8) = -7(-9) = 63

To factor 8c³+343, we can use the sum of cubes formula:

8c³+343 = (2c)^3 + 7³ = (2c+7)(4c²-14c+49)

To add or subtract complex polynomials, we simply combine like terms. For example:

(3x²+2x-5) + (4x²-3x+7) = 7x²-x+2

To multiply complex polynomials, we can use the distributive property and FOIL method. For example:

(2x+1)(3x-4) = 6x²-5x-4

To factor complex polynomials, we can use various methods such as factoring out the greatest common factor, using the difference of squares formula, using the sum or difference of cubes formula, or factoring by grouping.

The formulas provided are for factoring the sum or difference of cubes:

(a + b³) = (a + b)(a² - ab + b²)(a - b³) = (a - b)(a² + ab + b²)

These formulas can be useful for factoring complex polynomials that have a cube term or a constant term in addition to the quadratic and linear terms.

If Alyssa has 6 shirts, 4 skirts, and 10 pairs of shoes, how many possible outfits can she make?

Answers

Answer: 240

You multiply them. 6x4x10 :)

The number of different outfits made by Alyssa as per the given number of shirt , skirts and shoes is equal to 240 outfits.

To find the number of possible outfits Alyssa can make, you multiply the number of choices for each item of clothing:

Number of shirts = 6

Number of skirts = 4

Number of pairs of shoes = 10

Substitute the values and multiply with each other

Total number of possible outfits

= 6 (shirts) × 4 (skirts) × 10 (shoes)

= 240 outfits.

Therefore, Alyssa can make 240 different outfits using her 6 shirts, 4 skirts, and 10 pairs of shoes.

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Either use an appropriate theorem to show that the given set, W, is a vector space, or find a specific example to the contrary.W = {[\begin{array}{ccc}a\\b\\c\\\d\end{array}\right] : 3a+b=c, a+b+2c=2d}

Answers

An appropriate theorem to show that the given set, W, is a vector space. A specific example can be

[tex]\left[\begin{array}{ccc}p\\q\\r\end{array}\right][/tex] , -p- -3q = s  and 3p = -2s - 3r

             

Sets represent values ​​that are not solutions. B. The set of all solutions of a system of homogeneous equations OC.

The set of solutions of a homogeneous equation. Thus the set W = Null A. The null space of n homogeneous linear equations in the mx n matrix A is a subspace of Rn. Equivalently, the set of all solutions of the unknown system Ax = 0 is a subspace of R.A.

The proof is complete because W is a subspace of R2. The given set W must be a vector space, since the subspaces are themselves vector spaces. B. The proof is complete because W is a subspace of R. The given set W must be a vector space, since the subspaces are themselves vector spaces.

The proof is complete because W is a subspace of R4. The given set W must be a vector space, since the subspaces are themselves vector spaces. outside diameter. The proof is complete because W is a subspace of R3. The given set W must be a vector space, since the subspaces are themselves vector spaces.

Let W be the set of all vectors of the right form, where a and b denote all real numbers. Give an example or explain why W is not a vector space. 8a + 3b -4 8a-7b. Select the correct option below and, if necessary, fill in the answer boxes to complete your selection OA. The set pressure is

S = {(comma separated vectors as required OB. W is not a vector space because zero vectors in W and scalar sums and multiples of most vectors are not in W because their second (intermediate) value is not equal to -4. OC. W is not a vector space because not all vectors U, V and win W have the properties

u +v =y+ u and (u + v)+w=u + (v +W).

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which sampling approach was used in the following statement?kane randomly sampled 250 nurses from urban areas and 250 from rural areas from a list of licensed nurses in wisconsin to study their attitudes toward evidence-based practice.

Answers

The sampling approach that was used in the statement "Kane randomly sampled 250 nurses from urban areas and 250 from rural areas from a list of licensed nurses in Wisconsin to study their attitudes toward evidence-based practice" is Stratified random sampling.

What is Stratified random sampling?

Stratified random sampling is a method of sampling that is based on dividing the population into subgroups called strata. Stratified random sampling is a statistical sampling method that involves the division of the population into subgroups or strata, and a sample is then drawn from each stratum in proportion to the size of the stratum. It's a sampling method that ensures the representation of all population strata in the sample, making it more effective than simple random sampling.

Stratified random sampling is used when there are variations in the population that are likely to influence the outcome of the study. The stratified random sampling method is used to ensure that these differences are reflected in the sample. In this way, the results of the study are more representative of the entire population than they would be if a simple random sample were used.

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The mayor of a town sees an article that claims the national unemployment rate is
8%. They suspect that the unemployment rate is lower in their town, so they plan to take a sample of 200 residents to test if the proportion of residents that are unemployed in the sample is significantly lower than the national rate. Let p represent the proportion of residents that are unemployed.
Which of the following is an appropriate set of hypotheses for the mayor's significance test?
Choose 1 answer:

Answers

The required correct answers are [tex]$$H_0: p = 0.08$$[/tex] , [tex]$$H_a: p < 0.08$$[/tex].

What is Hypothesis test?

Let p be the proportion of residents in the town who are unemployed. The null hypothesis [tex]$H_0$[/tex] is that the proportion of unemployed residents in the town is the same as the national unemployment rate of 8%. The alternative hypothesis [tex]$H_a$[/tex] is that the proportion of unemployed residents in the town is significantly lower than the national unemployment rate.

Using the appropriate notation, the hypotheses can be expressed as:

$H_0: p = 0.08$

$H_a: p < 0.08$

Therefore, the appropriate set of hypotheses for the mayor's significance test are:

[tex]$$H_0: p = 0.08$$[/tex]

[tex]$$H_a: p < 0.08$$[/tex]

Note that this is a one-tailed test since the alternative hypothesis is only considering the possibility of the proportion being lower than the national unemployment rate

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Classify the polynomial
X+2
Urgent !!!

Answers

Answer: Quadratic polynomial.

Step-by-step explanation: Polynomials with 2 as the degree.

The cost price of 20 articles is the same as sellling price of 16 articles find the gain percent

Answers

If the cost price of 20 articles is the same as selling price of 16 articles, then the gain percentage is 25%

To find the gain percent, we first need to calculate the profit earned on the sale of the 16 articles.

Let the cost price of each article be "C" and the selling price of each article be "S".

Given that the cost price of 20 articles is the same as the selling price of 16 articles, we can write:

20C = 16S

We can simplify this equation to:

S = (20/16)C = (5/4)C

Now, let's calculate the profit earned on the sale of 16 articles:

Profit = Total Selling Price - Total Cost Price

Profit = 16S - 20C

Profit = 16(5/4)C - 20C

Profit = 5C/2

The profit earned is 5C/2. The profit percent can be calculated as:

Profit Percent = (Profit / Cost Price) x 100

Profit Percent = (5C/2) / (20C) x 100

Profit Percent = 25%

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Scientists determined that the cause of death in many prawns off the coast of Chile was a nutrient deficiency. So, they set out to determine if the distribution of plants in the ocean near the coast was out of proportion when compared to the ideal environment: 40% Kelp, 25% Phytoplankton, 25% Coral and 10% Other (mostly nutrient-low seaweed). In randomly chosen areas along the coast, they sampled 240 plants.
KELP PHYTOPLANKTON CORAL OTHER
84 67 57 32
In an ideal environment how many of the 240 plants would you expect to be Kelp?
If a goodness of fit test is conducted, what is the null Hypothesis?
If a goodness of fit test is conducted, what is the alternative Hypothesis?
What is the probability of getting the observed values or values as extreme from the ideal?
Is there enough evidence to conclude that the environment for prawns is not ideal? Base this conclusion on p-value and a level of significance of 0.05 or 5%.

Answers

Answer:

Step-by-step explanation:

Six more than the quotient of a number and 8 is equal to 4

use the variable x for the unknown number

!!!TRANSLATE INTO A EQUATION!!!

Answers

Answer:

x/8 + 6 = 4

Step-by-step explanation:

x / 8 + 6 = 4

x/8 = -2

x = 8*-2 = -16.

Please help me with my math

Answers

Answer:

[tex]\textsf{$\boxed{\checkmark}\;\;y$-value\;of\;vertex\;is\;$-1$}[/tex]

[tex]\textsf{$\boxed{\checkmark}$\;\;Minimum\;value\;occurs\;at\;$y = -1$}[/tex]

Step-by-step explanation:

Given equation:

[tex]y=x^2+8x+15[/tex]

As the given equation is quadratic with a positive leading coefficient, it is a parabola that opens upwards. Therefore, its vertex is its minimum point. This means that the minimum value of the range is the y-value of the vertex.

The x-value of the vertex of a parabola in the form y = ax² + bx + c is x = -b/2a. Therefore, the x-value of the vertex of the given equation is:

[tex]\implies x=\dfrac{-8}{2(1)}=-4[/tex]

To find the y-value of the vertex, substitute x = -4 into the equation:

[tex]\begin{aligned}\implies y&=(-4)^2+8(-4)+15\\&=16-32+15\\&=-16+15\\&=-1\end{aligned}[/tex]

Therefore, the minimum y-value of the function is y = -1, so the range is y ≥ -1.

Therefore, the following are true statement about the given equation:

y-value of vertex is -1Minimum value occurs at y = -1

#Brainlist! Help! Will! Make! You! Brainlist!

Show all steps and how you got the answer

Answers

Answer:

x = 8500

y = 15000

Step-by-step explanation:

small vans: x

large vans: y

A: 5x + 2y = 72500

B: 2x + 6y = 107000

5x + 2y = 72500 => y = (72500 - 5x)/2

2x + 6(72500 - 5x)/2 = 107000

2x + 217500 - 15x = 107000

15x - 2x = 217500 - 107000

13x = 110500

x = 110500/13 = 8500

y = (72500 - 5x)/2 = y = (72500 - 5x8500)/2 = 15000

At a party to celebrate a successful school play, the drama club bought 999 large pizzas. Each pizza had sss slices. All together, there were 727272 slices of pizza for the club to share.
Write an equation to describe this situation.
How many slices does each pizza have?

Answers

Answer:

Step-by-step explanation:

Let's use "n" to represent the number of slices in each pizza. Then the equation to describe the situation is:

999n = 727272

To solve for "n", we divide both sides by 999:

n = 727272/999

Using a calculator or long division, we get:

n ≈ 728.56

Therefore, each pizza has approximately 728 slices.

Please simplify the following expression while performing the given operation.
(-3+i)+(-4-i)

Answers

Hence, the abbreviated formula is -7 + 0i, or just -7.

What is the simplifying rule?

The terms in the parentheses can be immediately simplified. So, we can carry out the operations indicated by the brackets in the following order: multiplication, addition, subtraction, division. Note: The brackets should be shortened in the following order: (),, []. Simplify: 14 + (8 - 2 3) for Example 2.

We must combine like terms in order to make the phrase simpler.

First, we can individually merge the real and made-up parts:

The genuine parts add out to -3 - 4 = -7.

i - i = 0 is the imaginary part's total.

Hence, the abbreviated formula is -7 + 0i, or just -7.

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Complete question:

Please simplify the following expression while performing the given operation. (-3+i)+(-4-i)

A friend is building a garden with two side lengths 16 ft and exactly one right angle. What geometric figures could describe how the garden might look?
SELECT ALL THAT APPLY:
A. Kite.
B. Isosceles right triangle
C. Quadrilateral
D. Parallelogram

(Remember it is multiple choice)

Answers

Answer:

B. Isosceles right triangle

C. Quadrilateral

D. Parallelogram

Step-by-step explanation:

Answer:

The geometric figures that could describe how the garden might look are B. Isosceles right triangle and C. Quadrilateral.

Complete the table by finding the balance A when P dollars is invested at rate r for t years and compounded n times per year. (Round your answers to the nearest cent. )

P = $1300, r = 8. 5%, t = 11 years

n A

1 $

2 $

4 $

12 $

365 $

Continuous $

Answers

The complete table for the amount balance, A when P dollars is invested at rate r for t years and compounded n times per year is present in above figure 2.

The compound interest formula is written as A = P( 1 + r/n)ⁿᵗ

where, A--> total Amount of money after t years

P --> Principal

r --> Annual rate of interest (as a decimal)

t --> Number of years:

n--> number of times interest is compounded per year

Here, principle, P = $1300, rate of interest, r = 8.5% = 0.085 , time periods, t = 11 years. We have to complete the above table for compound interest.

Case 1: n = 1

Substitute the known values in above formula, A = 1300( 1 + 0.085/1)¹¹

= 1300( 1.085)¹¹

= 3,189.12

Case 2: n = 2

A = 1300( 1 + 0.085/2)²²

= 1300( 2.085/2)²²

= 1300( 1.0425)²²

= 3,248.01

I'll let you work out the cases where n = 4, 12 and 365 since all you need to do is place those in for n as done in the 1st 2 cases. For the Compounded continuously case, the formula becomes,

[tex] A = Pe^{rt}[/tex]

Where: A-> Total amount of money after t years

P --> Principal Amount

e --> Natural log constant:

r = Annual rate of interest (as a decimal)

Case: Continuous: e = 2.71828 (approx), r = 0.085

A = 1300( 2.71828)⁰·⁰⁸⁵⁽¹¹⁾

= 1300(e)⁰·⁹³⁵ = 3,311.34

Hence, required value is $3,311.3775.

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Complete question :

The above table completes the question.

Complete the table by finding the balance A when P dollars is invested at rate r for t years and compounded n times per year. (Round your answers to the nearest cent. ) P = $1300, r = 8. 5%, t

= 11 years

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