Suppose that $3300 is borrowed for six years at an interest rate of 8.5% per year, compounded continuously. Find the amount owed, assuming no payments are made until the end. Do not round any intermediate computations, and round your answer to the nearest cent.
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A: It is given that, at age 25, you decide to save for retirement by depositing $95 at the end of every…
Q: suppose that at age 25, you decide to save for retirement by depositing $95 at the end of every…
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A: Solution:GivenThe........................................ is the equivalent annual simple interest…
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A: $15,000 is invested at an interest rate of 4% per year, compounded semiannuallyTo find the value of…
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A: you can clearly understand if you follow the below solution
Q: Suppose that $2000 is loaned at a rate of 9%, compounded monthly. Assuming that no payments are…
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Q: Suppose that $7,000 is invested at 4%, compounded semiannually. How much is in the account at the…
A: Amount for compound interest:If P amount of money is invested for t years at r% rate of interest…
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Q: An employee contributes $350 each month to her 401(k). What will be the value of her 401(k) after…
A: From given, P = $350, i=12%12=1%=0.01,n=360. The amount after n deposits can be calculated by the…
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A: When the interest is compounded, then the formula used is A=P1+rnnt, where, A is the final amount, P…
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A: Here we will going to use Continuous compounding formula for Future value of annuity
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A: Introduction :
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Q: What will the final amount be in 1 1/2 year if P8,000 is invested at 9.2% compounded monthly.?
A: Given that : Principle = $8000 Rate = 9.2 % per year = 9.2% / 12 per month Time = 1 (1/2) year = 18…
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Q: Suppose that $1,000 is deposited into an account that yields 0.85% interest, compounded annually.…
A: Given: P=$1000r=0.85%=0.0085n=1t=4 Use the formula: A=P1+rnnt
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A: NOTE: Refresh your page if you can't see any equations. . future value is A=11500 the interest is…
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Q: Suppose that $2000 is loaned at a rate of 12%, compounded quarterly. Assuming that no payments are…
A: A=P1+rnnt r is the rate t is the time P is the principal. A is the amount after t years.
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- Kentville, a community of 10,000 people, resides next to a krypton mine, and there is a concern that the emission from the krypton smelter have resulted in adverse effects. Specifically, Kryptonosis seems to have killed 12 of Kentville’s inhabitants last year. A neighboring community, Lanesburg, has 25,000 inhabitants and is far enough from the smelter to not be affected by the emission. In Lanesburg, only three people last year died of Kryptonosis. Given that the number of deaths in Kentville and their causes last year were: Heart attack=7 Accidents=4 Kryptonosis=12 Other=6 What is the risk of dying of Kryptonosis in Kentville relative to non-contaminated locality?What is the risk of dying of Kryptonosis in Kentville relative to deaths due to other causes? How many times the chance of dying of Kryptonosis compared to dying of accidents ? How many times the chance of dying of Kryptonosis compared to Other causes?no plagarism from any site pleaseSet up problems with the postulate.
- plz provide handwritten answer for question 2 part d asap for getting upvoteAccording to http://www.gasandoil.com/goc/news/ntl50398.htm , accessed on Feb 2, 2005, “17-12-04 Jamaica has found signs of oil in 10 exploratory wells drilled into deep underground structures. Now it's come to Houston looking for oil companies willing to help the island nation, which depends heavily on tourism, bauxite and alumina, to become the world's next oil and natural gas producer. Hopeful Jamaican officials traveled to Houston promoting the nation's first formal license round, offering 22 offshore blocks and four on-shore blocks. "There are plenty of reserves yet to be found -- exploration in new frontiers is now warranted," said Raymond Wright of the Petroleum Corporation of Jamaica, reflecting on the world's supply dilemma. Oil explorers order seismic tests to determine whether oil is likely to be found in a certain drilling area. These seismic tests have a known reliability: When oil exists the tests indicate so 85% of the time and when oil does not exist the…In baseball, League A allows a designated hitter (DH) to bat for the pitcher, who is typically a weak hitter. In League B, the pitcher must bat. The common belief is that this results in League A teams scoring more runs. In interleague play, when League A teams visit League B teams, the League A pitcher must bat. So, if the DH does result in more runs, it would be expected that league A teams will score more runs in League A park than when visiting League B parks. To test this claim, a random sample of runs scored by league A teams with and without their DH is given in the accompanying table. Complete parts c) through d) below.
- 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.The city of San Fransokyo is a high-tech city, especially in the field of robotics. There are three big companies that rule the city: Granville, Axcel, and Hamada. The Granville company controls about 50% of the total robot manufacturing in the city of San Fransokyo; Axcel company controls 35%; while the rest is controlled by the Hamada company. Based on the information you have obtained, it turns out that 3% of the robots made by Granville have problems with the sensing ability of the robot. As much as 5% robots made by Axcel and 1% robots made by Hamada also have the same problem. You want to buy a robot to help with your business and randomly pick up exactly one robot from the three companies. After the item arrives, you do a test, and it turns out that the robot is experiencing a malfunction in its sensing component. Using the Bayes Rule approach, which company is predicted to make the robot you bought? Justify your answer with adequate calculations!
- Once QBA 362 final exam is done, it will be time to reward Professor Hong with a well-deserved vacation. As a state employee, professor Hong hasn’t seen a raise since... well, ever.Thus, an important criterion, in fact the most important criterion is to find an exoticregion that can be visited inexpensively. There are three states of nature that could impact costs in these five areas of interest. Professor Hong has determined the average cost per day to visit each region under each of the possible states of nature. This table, which should not be construed as actual vacation advice, appears below. (Remember they are costs. Lower is better. For example, the most optimistic case is the one with lowest cost.) Region Strong Dollar Middling Dollar Weak Dollar Eastern Europe 33 54 57 Southeast Asia 41 56 36 Australia 45 44 58 Galapagos Islands 37 35 26…In the past few weeks people have been arguing on the social media forum https://www.reddit.com/r/ontario/ about whether the COVID-19 situation in Ontario was improving or getting worse. Some users call those who focused on high spikes in new cases "doomers" (as in "ok doomer") such as the 460 new cases on Sunday May 24. Recently the numbers of new cases have gone down to 287 on Tuesday the 26th and 292 for Wednesday the 27th. Date # of New Cases 27-May 292 26-May 287 25-May 404 24-May 460 23-May 412 22-May 441 21-May 413 Data from https://data.ontario.ca/dataset/status-of-covid-19-cases-in-ontario,more easily-visible on https://news.google.com/covid19/map?hl=en-CA&gl=CA&ceid=CA%3Aen&mid=%2Fm%2F05kr_. You will be answering the following questions about this data: What is the mean number of new cases of COVID-19 in Ontario over the 7 day period indicated? What is the standard deviation for these cases? What is the…How can we classify experimental designs? Explain one in eachcategory.