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DerKrebs
7 days ago
9

According to the rule of 72, if Arielle invests $100, $200, and $2000 into three separate accounts with the same interest rate,

which amount will double fastest?
Mathematics
2 answers:
Svet_ta [9.5K]7 days ago
5 0
The rule of 72 provides a rough estimate for how long it takes for an investment to double, solely based on the interest rate. Therefore, the initial deposit does not influence this estimate. Each of the three accounts will take an equal time to double.

As long as all accounts are opened on the same day with identical interest rates and compounding periods, they will double simultaneously, whether calculated via the rule of 72 or through precise timing.
Inessa [9K]7 days ago
5 0

Answer:

They will all double at the same time.

Step-by-step explanation:

The purpose of the rule of 72 is to estimate the duration needed for an account with interest to double its value. In this scenario, since all accounts share the same interest rate and the rule of 72 considers only the interest rate, there will be no difference in the time taken for each account to double despite differing amounts of money, as the identical interest rate facilitates their growth at the same pace.

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Volunteers at an animal shelter are building a rectangular dog run so that one shorter side of the rectangle is formed by the sh
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The detailed work and solution can be found in the attachment

Step-by-step explanation:

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25 days ago
Suppose that the number of drivers who travel between a particular origin and destination during a designated time period has a
zzz [9093]

Answer:

Step-by-step explanation:

It has been established that the count of drivers traveling between a specific origin and destination in a certain time frame follows a Poisson distribution with a mean μ = 20 (as indicated in the article "Dynamic Ride Sharing: Theory and Practice"†).

a) P(X\leq 15) = 0.1565=0.157

b) P(X>26) =1-F(26)\\= 1-0.9221\\=0.0779=0.078

c) P(15\leq x\leq 26)\\=F(26)-F(14)\\=0.9221-0.1049\\=0.8172=0.817

d) 2 standard deviations = 2(20) = 40

Thus, this means the range for 2 standard deviations is

20-40, 20+40

which equates to (0,60)

P(0

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25 days ago
Penelope has $1,459.75 in her bank account. To pay her bills, she writes 4 checks for $200.25, $359.45, $125, and $299.35. Then
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8 0
11 days ago
Read 2 more answers
Which statement is true about the discontinuities of the function f(x)? F (x) = StartFraction x minus 5 Over 3 x squared minus 1
AnnZ [9104]

Question:

Which statement is accurate concerning the function’s discontinuities f(x) = \frac{x-5}{3x^2-17x-28}

A) There are gaps at x = 7 and.

B) Asymptotes exist at x = 7 and.

C) Asymptotes exist at x = –7 and.

D) Gaps are present at (–7, 0) and.

Answer:

B) Asymptotes exist at x = 7 and (x = \frac{-4}{3})

Step-by-step explanation:

Given:

f(x) = \frac{x-5}{3x^2-17x-28}

Goal:

Identify the correct statement

f(x) = \frac{x-5}{3x^2-17x-28}

We need to factor the denominator first.

f(x) = \frac{x-5}{(3x+4)(x-7)}

To express x in terms of (3x+4) and (x-7):

3x + 4 =

3x = -4

Divide both sides by 3:

x = \frac{-4}{3}

x - 7

x = 7

Next, evaluate the limit when (x = \frac{-4}{3}) and at (x = 7)

lim f(x) as (x = \frac{-4}{3}) = ±∞

lim f(x) as (x=7) = ±∞

Since both scenarios result in the denominator approaching zero, they represent asymptotes.

Thus, asymptotes are found at (x = \frac{-4}{3}) and x=7

Option B is determined to be correct

6 0
26 days ago
A random sample of 16 students selected from the student body of a large university had an average age of 25 years and a standar
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Answer:

The P-value ranges between 2.5% and 5% according to the t-table.

Step-by-step explanation:

A random sample of 16 students from a large university showed an average age of 25 years with a standard deviation of 2 years.

Let \mu = true average age of all students at the university.

So, the Null Hypothesis, H_0 : \mu \leq 24 years {indicating the average age is less than or equal to 24 years}

Alternate Hypothesis, H_A : \mu > 24 years {indicating the average age is significantly greater than 24 years}

Here we employ the One-sample t-test statistics as the population's standard deviation is unknown;

                              T.S. = \frac{\bar X-\mu}{\frac{s}{\sqrt{n} } } ~ t_n_-_1

where, \bar X = sample average age = 25 years

             s = sample standard deviation = 2 years

             n = sample size = 16

This gives us the test statistics = \frac{25-24}{\frac{2}{\sqrt{16} } } ~ t_1_5

                                     = 2

The value of the t-test statistics is 2.

Moreover, the P-value of the test-statistics can be found as follows;

P-value = P(t_1_5 > 2) = 0.034 {as per the t-table}

Thus, the P-value lies between 2.5% and 5% based on the t-table.

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1 month ago
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