Mathematics, 07.05.2021 18:10 ineedcoffee
Anyone want to help me out
1. A woman deposits $10000 in a bank. The interest rate per annum is 8%. How much will she have in the account in 15 years to the nearest $?
2. If compounded weekly, what will be the amount in the
account in 15 year?
3. If compounded monthly, what will be the amount in the
account in 15 years?
4. If compounded semi-annually, what will be the amount
in the account in 15 years?
Answers: 3
Mathematics, 21.06.2019 21:40, oprajapati
The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends more than a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?
Answers: 2
Anyone want to help me out
1. A woman deposits $10000 in a bank. The interest rate per annum is 8...
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