Use Table 11-2 to solve the problem. The requirement for computer server capacity at a particular company is expected to increase at a rate of 15% per year for the next 5 years. If the server capacity is expected to be 1,300 gigabytes in 5 years, how many gigabytes of capacity are there today? Round to the nearest whole gigabyte.

Q: You invest $13,000 in Rapid Growth Funds, which appreciate by 2% per year, with yields reinvested…

A:

Q: Upgrading a Class B office space to a Class A space will cost $5,513. How much will the monthly rent…

A: we have to find increase in monthly rent.

Q: A certain amount is invested at 9% annual simple interest, and after 11 years, its investment is…

A:

Q: 3. The population of the Philippines doubled from 1967 to 1997. Assuming the rate of population…

A:

Q: A new car is purchased for $26,000 and over time its value depreciates by one half every 7 years.…

A: let P=$26000 n=7 years value A after 7 years =$13000(according to question) by using this formula we…

Q: If the population of a certain city was 100,000 in 1996 and 110,381 in 2006, and if the population…

A: Given that: Population of city = 100, 000 in 1996 and Population of city = 110, 381 in 2006. Also,…

Q: suppose chad had 5000 to invest. if he invested 3000 at 5% interest at what rate would he have to…

A:

Q: What rate of interest compounded annually is required to double an investment in 4 years? The rate…

A: Formula used:The simply annual compound interest formula

Q: A new water pump has a capacity of 60 m³/day. If its capacity goes down by 15% every year, in how…

A:

Q: Jane currently pays a $723 premium for health insurance. If the premium increases at a rate of…

A: P= pert

Q: Upgrading a Class B office space to a Class A space will cost $8,085. How much will the monthly rent…

A:

Q: What rate of interest compounded annually is required to triple an investment in 11 years? The rate…

A: Recall: Compound interest Formula:                 A=P(1+rn)nt ; where A- Amount after t years…

Q: Pretend the world's population in 1989 was 4.7 billion and that the projection for 2012, assuming…

A: Use the below formula to find the annual growth rate.

Q: Suppose you needed $25,000 to maintain a particular standard of living in 1979. How much would you…

A:

Q: An investment income of $50,000 increases at a rate of 8.3% per year. Find the value of the…

A: Given query is to find the value of the investment after 20 years.

Q: $1000 is invested at 6% compounded yearly. According to the rule of 72, how many years will it take…

A: We can find the required time period as below.

Q: You invest $10,000 in Rapid Growth Funds, which appreciate by 6% per year, with yields reinvested…

A: Let P be the principal amount invested in $, r be the rate of interest, t be the time in years and n…

Q: If prices increase at a monthly rate of 2.6% by what percentage do they increase in a year?

A:

Q: How many years will it take $1 to triple $3 at an annual rate of 5 %

A:

Q: Suppose you deposit $1000 in an account that earns 6.2 % compounded monthly. a. How much money will…

A: To calculate the total amount compounded monthly, substitute 1000 for P, 6.2% for r, 12 for n and 5…

Q: How long will it take an investment of $8,000 to grow to $10,000 if the investment earns interest at…

A: The compound interest formula ( if the interest is compounded on daily basis) is given by:

Q: A new car is purchased for $42,000 and over time its value depreciates by one half every 7 years.…

A: According to the given information it is required to find the time it will take for the amount…

Q: At what nominal rate, compounded every 2 months, would $7,000.00 have to be invested to amount to…

A: Compound Interest: The formula for the compound interest is given by, Where A is the final Amount,…

Q: 2. A $15000 investment earns 14.25% interest, compounded semi-annually. Approximately how long will…

A: topic - exponential function

Q: A retirement savings plan pays 4.5% interest, compounded continuously. How long will it take for an…

A: Given: A retirement savings plan pays 4.5% interest, compounded continuously. To find: Time in which…

Q: 6. If the polulation of Malibu at the start of 2000 was 4 million and its annual growth rate is…

A: Since you have posted multiple questions, we will solve only first question for you. To getremaining…

Q: You invest $13,000 in Rapid Growth Funds, which appreciate by 2% per year, with yields reinvested…

A: Given that: Yield is being reinvested quarterly, hence its quarterly compounding

Q: A new car is purchased for $25,000 and over time it’s value depreciates by one half every 5.5 years.…

A: Given that initial value = $25000 The value depreciates by one half every 5.5 years So the…

Q: If you make an investment of $2000 and the investment earns a continuous annual interest rate of…

A: If you make an investment of $2000 and the investment earns a continuous annual interest rate of…

Q: The local govemment projects that the town will grow at a constant rate of nineteen percent per…

A:

Q: Given an interest rate of 7.2% per year, compounded continuously. What is the quarterly interest…

A: Given query is to find the quarterly intrest rate.

Q: In 10 years, $3,300 grows to $9,322.50. What is the annual compound interest rate 9.1% 8.1% 10.9%…

A: Given that  In 10 years $3300 grows to $9322.50 To find The annual compound interest rate.

Q: What is the rate on an investment that doubles $4104 in 5 years? Assume interest is compounded…

A:

Q: When a principal amount, P, is Invested at an annual interest rate, r, and compounded n times per…

A: Given formula A=P1+rnnt Here, P= Principal amount r= rate of interest n= Compounded period t=time

Q: 1) Suppose a credit card borrower has a debt of $4000 with an interest rate of 24%. Assume the…

A: Formula for the compound interest is given by,

Q: In 1967, the population of Clements, PA was 7,000, and in 1974 the population was 12,000. Should the…

A: When population growth is linear, the equation will be in the form of, P(t) = mt + c where t is the…

Q: The half-life of Radium-226 is 1590 years. If a sample contains 300 mg, how many mg will remain…

A: Radioactivity equation is given by,           N =NO e-λt  where, NO = Initial quantity…

Q: t what monthly compounded interest rate does it take five years for an investment to quadruple?

A: Compound interest formula is given by    A = P(1+rn)nt           where P = principal…

Q: Predict the price sold at auction of a dresser made in 1865 (round to the nearest dollar.) If a pair…

A: Introduction: The response variable is the price at which the dresser is sold at auction, Y, and the…

Q: If you deposited $14,000 into an account that compounded interest continuously at a 3.2% rate, how…

A: Given: Principal amountP=$14000, interest rater=3.2% and time periodT=3years We know that final…

Q: a southern city folloe exponential law. If the population doubled in size over 30 months and current…

A:

Q: = diagram. 21 How much will Sam have to invest now in an F04.13 ployees' savings account at 7…

A:

Q: A 3% compounded bi-monthly has an equivalent rate of 1.508%,how many times does it pay every year? O…

A:

Q: Solve the problem. 66) What is the iate on an investment that triples $4848 in 3 years? Assume…

A:

Q: You invest your life savings into an account with continuously compounded interest, and you find…

A: Investment is according to continuously compounded interest. Principle amount (invested)= P0 Amount…

Q: What is the actual rate of interest if RO 4000 deposited for 3 years attracts interest of RO 1440?…

A: Interest = I = 1440 Principal Value = P = 4000 Time =T = 3

Q: Sung Lee invests $8,000 at age 18. He hopes the investment will be worth $32,000 when he turns 25.…

A: Given: P=$8000t=25-18=7 yearsA=$32000

Q: National Park Service personnel are trying to increase the size of the bison population of the…

A:

Q: If prices increase at a monthly rate of 3.2%, by what percentage do they increase in a year?

A: ANSWER :

Q: If you need $50,000 four years from now, what is the minimum amount of money you need to deposit…

A: A = $50000 , R =3% , t=4 years1) Compounded annuallyA =…

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.