An initial amount of $2200 is invested in an account at an interest rate of 3% per year, compounded continuously. Assuming that no withdrawals are made, find the amount in the account after two years. Do not round any intermediate computations, and round your answer to the nearest cent.
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A: you can clearly understand if you follow the below solution
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A: Given, the interest is compounded continuously.
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A: Explanation: Given that: Principal(P) = $400 Rate(r) = 2.5% or .025 per year Concept: 1. A=P1+rnnt…
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A: Given :Initial Amount = P=$3700Interest rate = 6.5% per year=6.5100=0.065Time = 2years
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A: Given Amount invested $2900 Rate of interest 7.5% per year Time taken 7 years
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A: Initial investment = 2000 Final amount =2984 rate of interest = 4.6%= 0.046 compounded quarterly ,…
Q: An initial amount of $2200 is invested in an account at an interest rate of 5.5% per year,…
A: This question is related to Compound Interest, we will solve it using given information.
Q: How much should be invested now at an interest rate of 6.5% per year, compounded continuously, to…
A: Let the amount be A invested with an rate of interest of r= 6.5% = 0.065
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- Flowering plant species can be subject to inbreeding, through self-fertilization. Some species have adaptations that help to avoid this inbreeding, through asymmetric flower structures. If the flower structures are “right-handed”, then a pollinator visiting the right-handed flower will get pollen on its left side, and thus, only be able to deposit the pollen on a left-handed flower that it visits later on. [Similarly, pollinator visits to left-handed plants will result in pollen deposits on right-handed plants.] You are interested in studying a particular plant species called Lupinus perennis, that demonstrates handedness, and you wish to know whether one type of handedness is more prevalent than the other (e.g., are left-handed plants more prevalent than right-handed plants?) You sample 30 L. perennis plants, and find that 20 plants are right-handed, and 10 plants are left-handed. Is one type of handedness more prevalent than the other? What is your null hypothesis? Report the…Jointsoft is a great over-the-counter arthritis medication, but who will ever know about it? Unfortunately, many people with arthritis tend to be elderly and rather immobile, so advertisers of arthritis medications face limitations in ways to get their messages across. Currently, their best modes of advertisement are commercials on daytime TV, advertisements in select magazines, fliers in convalescent homes, and advertisements on certain Web pages. Marketing managers for Jointsoft are investigating these four modes of advertisement in four small communities (with a different mode of advertisement in each community). The marketing managers have selected 38 days at random and are looking at the daily sales (in dollars) in each of the communities on each of these days. Here is what they have to work with. Groups Sample size Sample mean Sample variance TV 38 573.0 1777.7 Magazines 38 554.3 2761.0 Fliers 38 584.0 2445.4 Web pages 38 587.3 2943.2Jointsoft is a great over-the-counter arthritis medication, but who will ever know about it? Unfortunately, many people with arthritis tend to be elderly and rather immobile, so advertisers of arthritis medications face limitations in ways to get their messages across. Currently, their best modes of advertisement are commercials on daytime TV, advertisements in select magazines, fliers in convalescent homes, and advertisements on certain Web pages. Marketing managers for Jointsoft are investigating these four modes of advertisement in four small communities (with a different mode of advertisement in each community). The marketing managers have selected 33 days at random and are looking at the daily sales (in dollars) in each of the communities on each of these days. Here is what they have to work with.
- A biologist wonders if the life span of bats will be affected by two new food sources from invasive species moving into an area. To conduct the experiment, the biologist needs three treatment groups: a group where the diet will not include invasive species (control), a group where the diet will include one invasive species (treatment group 1), and another group where the diet will include the other invasive species (treatment group 2). The biologist chooses the first cloud-free night and catches the first 18 bats that fly out of a cave, placing them into three equal groups of six bats. To decide the treatment for each group, the biologist places three slips of paper labeled control, treatment group 1, and treatment group 2 in a hat and randomly selects 2 slips of paper. The first piece of paper gives the treatment for the first group, the second piece of paper gives the treatment for the second group, and the remaining treatment is given to the third group. Which component is…NAT has many advantages. However, it also has some limitations. Therefore, answer thefollowing regarding the NAT traversal problem. 1) Explain through an example that the port forwarding mechanism can help avoid the NATtraversal problem for some applicationsThis question from System Identification: Theory for the user - Lennart Ljung Book please do as much as you can, dont reject please answer asap
- Suppose you are a production manager for a small firm that manufactures GPUs (i.e., video cards) for computers. Your production facility utilizes three identical machines. Quality is binary — each GPU is either defective or it is not defective. Machine 1 produces 40 GPUs per day, and past experience suggests that, on average, 2% of its output will be defective. Machine 2 produces 20 GPUs per day, and past experience suggests that, on average, 3% of its output will be defective. Machine 3 produces 10 GPUs per day, and past experience suggests that 4% of its output will be defective. Any unit of output is not identifiable as having been produced by Machine 1, 2 or 3. (a) Suppose that on March 3, 2022, one GPU is randomly selected from the day’s 70 units of production. That unit is found to be defective. What is the probability that that defective unit was produced by Machine 1? Machine 2? Machine 3? (b) Now suppose that on March 4, 2022, the firm operates only Machine 1. Of its 40 units…A diesel engine uses Type A filter and high-grade lubricating oil costing P5.50 per liter. With this filter, the oil and the filter have to be changed every 500 hours of operation, and 5 liters of coil have to be added every 100 hours. This filter costs P148 a piece. Eighty liters of coil fill the engine. Another type, filter B, costing P120 may be used with a lower grade of oil costing P4.80 per liter. However, if this filter is used, the oil and filter have to be changed every 300 hours, and 10 liters are added after each 150 hours the engine is used. Which type of filter and oil would you recommend?Bacteria of species A and species B are kept in a single environment, where they are fed two nutrients. Each day the environment is supplied with 10,640 units of the first nutrient and 31,850 units of the second nutrient. Each bacterium of species A requires 2 units of the first nutrient and 5 units of the second, and each bacterium of species B requires 1 unit of the first nutrient and 6 units of the second. What populations of each specues can coexist in the environment so that all the nutrients are consumed each day?
- Although the Hungarian method is an efficient methodfor solving an assignment problem, the branch-and-boundmethod can also be used to solve an assignment problem.Suppose a company has five factories and five warehouses.Each factory’s requirements must be met by a singlewarehouse, and each warehouse can be assigned to only onefactory. The costs of assigning a warehouse to meet afactory’s demand (in thousands) are shown in Table 77.Let xij 1 if warehouse i is assigned to factory j and 0otherwise. Begin by branching on the warehouse assigned tofactory 1. This creates the following five branches: x11 1,x21 1, x31 1, x41 1, and x51 1. How can we obtaina lower bound on the total cost associated with a branch?Examine the branch x21 1. If x21 1, no furtherassignments can come from row 2 or column 1 of the costmatrix. In determining the factory to which each of theunassigned warehouses (1, 3, 4, and 5) is assigned, we cannotdo better than assign each to the smallest cost in…A manufacturer can sell product 1 at a profit of $2/unit and product 2 at a profit of $5/unit. Three units of raw material are needed to manufacture 1 unit of product 1, and 6 units of raw material are needed to manufacture 1 unit of product 2. A total of 120 units of raw material are available.If any of product 1 is produced, a setup cost of $10 is incurred, and if any of product 2 is produced, a setup cost of $20 is incurred. Formulate an IP to maximize profits.No generated AI please