How much money will be in savings account in ten years
Assume you deposited $2000 in the savings account with annual rate of interest of 1% compounded continuously. How much money will be in account in ten years?
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A large industrial firm purchases several new word processors at end of each year. The exact number of word processors purchased depends upon the frequency of number of repairs in the previous year. Assume that the number of word processors x that
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Find out the weighted mean for three exams if first one was worth 20% and student received a 80, the second was worth 50 % and the student received a 90 and third was worth 30 % and the student received an 70?
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How many years will it take for amount of money in account to double? check the solution using estimate of law of 72. Mathematical model, using continuous compound interest, of problem is A = Pe.08n.
An inspector working for the manufacturing company has a 99o/o chance of correctly determining defective items and a 0.50% chance of incorrectly classifying a good item as defective. The company has evidence that its line produces 0.9o/o of noncon
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