1. $15000.00 is invested at a simple interest rate of 4.8% annual interest. Find the
future value of this $15000.00 after 10 years.
A = P(1+rt)
A = 15000 (1 + 0.048*10)
= 15000 * (1 + 0.48)
= 15000 * 1.48
A = 22200
2. How much money should be invested at
Result we get by doing single row operation is
When we see the first row of matrix it has changes, whereas second row is same as it is in question.
Hence changes required is to be done in Row 1.
Observing Row 1 we find that each element of row 1 gets doub
Week Problem Chapter 11.3 # 8 discuss the validity of each statement If the statement is always true,
explain why. If not give a counter example.
8. The range for a set of measurements is greater than or equal to 0.
Range = lower limit of data to upper li
First, we use the future value formula with PMT = $2,000, I = 0.0685, and n
= 10 to find the amount in the account after 10 years.
Future value = annuity value [(1 + r)n - 1] / r
Annuity value = 2000
R = 0.0685 = 0.0685*100 = 6.85 %
n = 10
F.V. = 2000* [(
111Equation Chapter 1 Section 1Week 4 Participation
Section 7.2 # 4 the problem for the week
1 cfw_10, 11 this is the problem
No, 1 does not belongs to set cfw_10,11.
There are two elements 10 and 11 for the given set. 1 is not the
element of the given se
According to the 2003-2004 annual report of the Association of Medical and Graduate Departments of
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deviation of $3,942. Treating this as the populatio
The average age for licensed drivers in a county is = 42.6, = 12 and the distribution is approximately
normal. A county police officer was interested in whether the average age of those receiving parking
tickets in the county differed from that of the ave
According to U.S. News & World Report data, in 1995 tuition costs at Indiana University, a public
university, were $2,984 per year, while the tuition costs at the University of Evansville, a private university
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A researcher is interested in seeing if there is a correlation between number of hours a person
drives and the amount of fuel (in gallons) that is left in the gas tank. He starts with a pilot test
using data for four people.
Number of Hours Driving (x)
Step 1: Stating the Hypotheses
Step 2: Check Conditions, and Summarize the Data Using a Test