Suppose 44% of the children in a school are girls. If a sample of 727 children is selected, what is the probability that the sample proportion of girls will be greater than 41%

Answers

Answer 1

Answer:

0.9484 = 94.84% probability that the sample proportion of girls will be greater than 41%

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1-p)}{n}}[/tex]

Suppose 44% of the children in a school are girls.

This means that [tex]p = 0.44[/tex]

Sample of 727 children

This means that [tex]n = 727[/tex]

Mean and standard deviation:

[tex]\mu = p = 0.44[/tex]

[tex]s = \sqrt{\frac{p(1-p)}{n}} = \sqrt{\frac{0.44*0.56}{727}} = 0.0184[/tex]

What is the probability that the sample proportion of girls will be greater than 41%?

This is 1 subtracted by the p-value of Z when X = 0.41. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{0.41 - 0.44}{0.0184}[/tex]

[tex]Z = -1.63[/tex]

[tex]Z = -1.63[/tex] has a p-value of 0.0516

1 - 0.0516 = 0.9884

0.9484 = 94.84% probability that the sample proportion of girls will be greater than 41%


Related Questions

Solve the equation −96=3(8x)^(5/3).

Answers

Answer:

x= - 1

Step-by-step explanation:

A line includes the points (0,2) and (1,6).
What is the equation of the line in slope-intercept form?

Answers

y=4x+2. To get slope you use 6-2/1-0. Which gives you 4. You then put that in point slope form.

help me plsssssssss:(​

Answers

Answer:

1: $1200

2: Food ($6000)

3: $3000

4: $1800

5: $3000

Step-by-step explanation:

1: 10%*12000 = 1200

2: Food 50%*12000 = 6000

3: 25%*12000 = 3000

4: 15%*12000 = 1800

5: Food - Education = 6000 - 3000 = 3000

.Solve : 3 / 8 (x-5) = 11 -7x​

Answers

Answer:

1.74 or [tex]\frac{103}{59}[/tex]

Step-by-step explanation:

3(x-5) = 8 (11-7x)

3x-15=88-56x

59x=103

x = 1.74

Which of the following is an even function?
g(x) = (x – 1)2 + 1
g(x) = 2x2 + 1
g(x) = 4x + 2
g(x) = 2x

Answers

Answer:

B. g(x) = 2x² + 1

Step-by-step explanation:

Even function has following property:

g(x) = g(-x)

It is easy to show this works with the second choice only. All the others don't work:

g(x) = (x - 1)² + 1g(-x) = (-x - 1)² + 1

This is not correct as x - 1 ≠ -x - 1 so as their squares, so g(x) ≠ g(-x)

The last two choices are not even similarly.

Answer:

B. g(x) = 2x2 + 1

Correct on edge

Suppose the figure KLMN is dilated using a scale factor of 1/3 with the center of dilation at the origin. Which are the ordered pairs for the image?

1. K’(-1,3), L’(-3,0), M’(⅔, -8/3), N’(2, 4/3)

2. K’(-9,27), L’(-27,0), M’(6, -24), N’(18, 12)

3. K’(0,6), L’(-6,-3), M’(-1, -5), N’(3, 1)

4. K’(3,-1), L’(0,-3), M’(-8/3, ⅔), N’(4/3,2)

Answers

Answer:

K’(-1,3), L’(-3,0), M’(⅔, -8/3), N’(2, 4/3)

Step-by-step explanation:

Fill in the blank.
The
numbers are {0, 1, 2, 3, 4, ...}.

Answers

Answer:

the answer is 5 and u know the rest

True or face dilations preserve angle measure

Answers

Answer:

True

Step-by-step explanation:

Required

Does dilation preserve angle measure?

When a point, side, line, or angle is dilated; the length of the line will be altered by the ratio or scale of dilation.

However, the measure of angle will remain the same.

Hence, the given statement is true.

16. Risa wants to order business cards. A print-
ing company determines the cost (C) to
the customer using the following function,
where b the number of boxes of cards and
n= the number of ink colors.
C= $25.60b + $14.00b(n - 1)
If Risa orders 4 boxes of cards printed in 3
colors, how much will the cards cost?
OA. $214.40
OB. $168.00
C. $144.40
OD. $102.40

Answers

Answer:

A - $214.40

Step-by-step explanation:

Since b is the number of boxes of cards and n is the number of ink colors, and we're given the number of boxes of cards, and number of ink colors, we plug in:

4= b

and

3 = n

into the given equation to solve for C.

Using the order of operations we start inside our parentheses and work from there:

C= $25.60*4 + $14.00*4(3 - 1)

C= $25.60*4 + $14.00*4(2)

C= $102.40 + $112

C= $214.40

Tell whether the following two triangles can be proven congruent through SAS.

A.Yes, the two triangles are congruent because they’re both right triangles.
B.Yes, the two triangles are congruent because two sides and their included angle are congruent in both triangles.
C.No, the two triangles can only be proven congruent through SSS.
D.No, the two triangles can only be proven congruent through AAA.

Answers

Answer:

C.No, the two triangles can only be proven congruent through SSS.

I need help with this math

Answers

Answer:

[tex]PQ=6\frac{1}{2} =\frac{13}{2}[/tex]

[tex]|Q-P|=\frac{13}{2}[/tex]

[tex]|Q+4|=\frac{13}{2}[/tex]

[tex]Q+4=+-\frac{13}{2}[/tex]

[tex]Q=-4[/tex] ± [tex]\frac{13}{2}[/tex]

[tex]Q=\frac{21}{2} \times2\frac{1}{2}[/tex]

[tex]Answer: C)~2\frac{1}{2}[/tex]

------------------------

Each shirt = $12.25

so, x = shirts = 12.25 x

cost including shipping= 77.49

So,

12.25 x + 3.99=77.49

Answer: D)

-------------------------

hope it helps...

have a great day!!

The list of ingredients for chocolate brownies given at right will make 16 brownies. Use the list to decide how much of each ingredient is needed to make 6 brownies.

Answers

Given: Given that for 16 brownies we need

Butter- [tex]\frac{2}{3}[/tex] cups

unsweetened chocolate-5 ounces

sugar-1-1/2 cup

vanilla-2 teaspoons

eggs-2

flour- 1 cup

To find: The amount of ingredients to make 6 brownies.

Solution: The amount we need to make 6 brownies is,

Butter

[tex](\frac{2}{3}.16)/6\\=0.25125 cups[/tex]

unsweetened chocolate

[tex]\frac{5.6}{16}\\=\frac{30}{16}[/tex]ounces

sugar-0.5625 cup

vanilla-[tex]\frac{12}{16}[/tex]teaspoons

eggs-[tex]\frac{12}{16}[/tex]

flour- [tex]\frac{6}{16}[/tex] cup

Use the values in 9 = 2.2 and In 200 – 5.3 to find the approximate value of log, 200.


Answers

Answer:

2.409

Step-by-step explanation:

9 = 2.2

ln 200 = 5.3

[tex]ln 9 = log_{e}9\\ln 200 = log_{e}200[/tex]

[tex]log_{9}200 = \frac{log_{e}200}{log_{e}9}[/tex]

           = [tex]\frac{ln 200}{ln 9}[/tex]

           = [tex]\frac{5.3}{2.2}[/tex]

           = 2.409

The approximate value of log 200 would be; 2.409

What is a logarithm?

When we raise a number with an exponent, there comes a result.

Let's say you get  a^b = c Then, you can write 'b' in terms of 'a' and 'c' using logarithm as follows [tex]b = \log_a(c)[/tex]'a' is called the base of this log function. We say that 'b' is the logarithm of 'c' to base 'a'

We have given the values in 9 = 2.2 and 200 – 5.3

We need to find the approximate value of log, 200.

Therefore,

㏑ 9 = 2.2

ln 200 = 5.3

[tex]ln 9 = log_{e}9\\\\ln 200 = log_{e}200[/tex]

Using the logarithm property;

[tex]log_{9}200 = \dfrac{log_{e}200}{log_{e}9}\\ = \dfrac{ln 200}{ln 9}\\ = \dfrac{5.3}{2.2}[/tex]

=  2.409

Hence, the approximate value of log, 200 would be; 2.409

Learn more about logarithm here:

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Find the greatest common factor of 15 x²y³ and -18 x³yz .

Answers

Answer:

3 x² y¹

Step-by-step explanation:

15 x²y³ = 3. 5. x². y³

-18x³yz = -2. 3². x³. y¹. z¹

so, the GCF = 3. x². y¹

Answer:

Solution given:

15x²y³=3*5*x*x*y*y*y

-18x³yz=-3*2*3*x*x*x*y*z

over here common is

3*x*x*y

so

greatest common factor is 3x²y¹

Formular for quadratic equation almighty formular

Answers

[tex]x = \frac{ - b \frac{ + }{} \sqrt{ {b}^{2} - 4ac } }{2a} [/tex]

Hattie had $3,000 to invest and wants to earn 10.6% interest per year. She will put some of the money into an account that earns 12% per year and the rest into an account that earns 10% per year. How much money should she put into each account?

Answers

Answer:

900 at 12%

2100 at 10%

Step-by-step explanation:

Let x= amount invested at 12%

let y= amount invested at 10%

with that being said we can write the two equation

Equation 1: x+y=3000

Equation 2: 3000*.106=.12x+.1y

isolte x from equation 1

x= 3000-y

plug this into equation 2

318=.12(3000-y)+.1y

318=360-.12y+.1y

-42= -.02y

y= 2100

Plug this into equation 1

x+2100=3000

x=900

she should invest $900 into the account earning 12% interest and $2100 into the account earning 10% interest.

How to determine How much money should she put into each account

Let's denote the amount of money Hattie invests at 12% as \(x\) dollars, and the amount she invests at 10% as \(\$3000 - x\) dollars.

The formula for calculating interest is: \(\text{Interest} = \text{Principal} \times \text{Rate} \times \text{Time}\).

For the 12% account:

Interest_12% = \(x \times 0.12 \times 1\) (1 year)

For the 10% account:

Interest_10% = \((3000 - x) \times 0.10 \times 1\) (1 year)

Hattie wants to earn 10.6% interest on the total investment, so we can set up the equation:

\(\text{Total Interest} = \text{Interest}_12% + \text{Interest}_10%\)

\(3000 \times 0.106 = x \times 0.12 + (3000 - x) \times 0.10\)

Now, solve for \(x\):

\(318 = 0.12x + 300 - 0.10x\)

\(318 = 0.02x + 300\)

\(18 = 0.02x\)

\(x = 900\)

Hattie should invest $900 at 12% and \(3000 - 900 = 2100\) at 10%.

Therefore, she should invest $900 into the account earning 12% interest and $2100 into the account earning 10% interest.

Learn more about interest at https://brainly.com/question/29451175

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may y’all help me please and thank you?

Answers

Answer:

F

Step-by-step explanation:

4.85-4.15=0.7 divided by 2 = 0.35+4.15=4.5*25 cause 30-20=10 divided by 2=5+20=25*4.5=112. closest to that is 120

F


i don’t really know how to explain sorry

A student estimated based on the video that the ball left my hand 1.65 meters off the ground, and after 0.58 seconds the ball reached the maximum height of 3.26 meters. Use this information to find an equation of the form h = a ( t − t 1 ) 2 + h 1 for the height of the ball, in meters, after t seconds. h =

Answers

9514 1404 393

Answer:

  h = -4.79(t -0.58)^2 +3.26

Step-by-step explanation:

The coordinates (t1, h1) are the time and height at the maximum. Then 'a' can be found from ...

  h = a(t -t1)^2 +h1

  1.65 = a(0 -0.58)^2 +3.26

  -1.61 = 0.3364a . . . . . subtract 3.26

  -4.786 = a . . . . . . . divide by the coefficient of a

The equation is ...

  h = -4.79(t -0.58)^2 +3.26

The first five terms of an arithmetic sequence are shown below:
20, 17, 14, 11, 8, . . .
Let n represent the term number and f(n) the term in the sequence.
Choose a function that represents the sequence.

The answer to this question is f(n) = -3 + 23

Now my question is, how do you find the solution? I was taught the explicit formula is f(n) = m(n) + b, but no matter how many times I've tried to plug in the numbers I cannot seem to get the right answer. Please help me and do show the entire process and the steps.

Answers

Answer:

The function represents the sequence is - 3 n + 23.

Step-by-step explanation:

20. 17, 14, 11, 8,......

Here, the first term is

a = 20

Common difference, d = -3

Let the nth term is Tn.

Tn = a + (n -1) d

Tn = 20 + (n -1) x (-3)

Tn = 20 - 3 n + 3

Tn = 23 - 3 n = - 3 n + 23

So, the function represents the sequence is - 3 n + 23.

Answer:

Y'all know what it is already, but I want points, so: f(n) = -3n + 23

g A. (Points: 7) Compute (without using a calculator) 241^257 mod 12 B. (Points: 3) Compute Z*20 C. (Points: 6) Find the multiplicative inverse of 7 in Z19

Answers

Answer:

[tex]241^{257}\ mod\ 12 =1[/tex]

[tex]7 * 20 = 140[/tex]

[tex]\frac{1}{700}[/tex]

Step-by-step explanation:

Solving (a): 241^257 mod 12

To do this, we simply calculate [tex]241\ mod\ 12[/tex]

Because [tex]a\ mod\ b = a^n\ mod\ b[/tex]

The highest number less than or equal to 241 that is divisible by 12 is 240; So:

[tex]241\ mod\ 12 = 241- 240[/tex]

[tex]241\ mod\ 12 =1[/tex]

Hence:

[tex]241^{257}\ mod\ 12 =1[/tex]

Solving (b): 7 * 20

[tex]7 * 20 = 140[/tex]

Solving (c): Multiplicative inverse of 7 in 719

The position of 7 in 719 is 700

So, the required inverse is 1/700 ---- i.e. we simply divide 1 by the number

The radius of a circle is 5 yd.
Answer the parts below. Make sure that you use the correct units in your answers.
If necessary, refer to the list of geometry formulas.

Answers

Answer:

Circumference =10 pi yard

Area =25 pi yard squared

Step-by-step explanation:

C=2*pi*r

Circumfrance =10 pi

A=pi r^2

Area =25 pi

For the estimate just sub in pi on the calculator for pi, then round to the hundreth.

Circumfrence= just the unit

Area= squared

Thompson and Thompson is a steel bolts manufacturing company. Their current steel bolts have a mean diameter of 144 millimeters, and a variance of 49 . If a random sample of 46 steel bolts is selected, what is the probability that the sample mean would differ from the population mean by more than 2 millimeters? Round your answer to four decimal places.

Answers

Answer:

0.0524 = 5.24% probability that the sample mean would differ from the population mean by more than 2 millimeters.

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

Mean diameter of 144 millimeters, and a variance of 49.

This means that [tex]\mu = 144, \sigma = \sqrt{49} = 7[/tex]

Sample of 46:

This means that [tex]n = 46, s = \frac{7}{\sqrt{46}}[/tex]

Wat is the probability that the sample mean would differ from the population mean by more than 2 millimeters?

Above 144 + 2 = 146 or below 144 - 2 = 142. Since the normal distribution is symmetric, these probabilities are equal, which means that we find one of them and multiply by two.

Probability the sample mean is below 142:

p-value of Z when X = 142, so:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{142 - 144}{\frac{7}{\sqrt{46}}}[/tex]

[tex]Z = -1.94[/tex]

[tex]Z = -1.94[/tex] has a p-value of 0.0262

2*0.0262 = 0.0524

0.0524 = 5.24% probability that the sample mean would differ from the population mean by more than 2 millimeters.

Math algebra two plz show your work

Answers

Answer:

The answer is [tex]b=3, a=-2[/tex], and [tex]c=3[/tex].

Step-by-step explanation:

To solve this system of equations, start by solving for (a) in the third equation.

To solve for (a) in the third equation, add [tex]3b[/tex] to both sides of the equation, which will look like [tex]2a=-13+3b\\-a+b-c=2\\2a+3b-4c=-7[/tex]. Next, divide each term in [tex]2a=-13+3b[/tex] by 2 and simplify, which will look like [tex]\frac{2a}{2}=\frac{-13}{2} +\frac{3b}{2} \\-a+b-c=2\\2a+3b-4c=-7[/tex]   =  [tex]a=\frac{-13}{2} +\frac{3b}{2} \\-a+b-c=2\\2a+3b-4c=-7[/tex].

Then, replace all variables of (a) with [tex]-\frac{13}{2} +\frac{3b}{2}[/tex] in each equation and simplify, which will look like [tex]-13+6b-4c=-7\\-\frac{2c-13+b}{2}=2\\a=-\frac{13}{2}+\frac{3b}{2}[/tex].

The next step is to reorder [tex]-\frac{13}{2}[/tex] and [tex]\frac{3b}{2}[/tex], which will look like [tex]\frac{3b}{2}-\frac{13}{2}\\-13+6b-4c=-7\\-\frac{2c-13+b}{2} =2[/tex].

Then, solve for (b) in the second equation. To solve for (b) in the second equation start by moving all terms not containing (b) to the right side of the equation, which will look like [tex]6b=6+4c\\a=\frac{3b}{2}-\frac{13}{2} \\-\frac{2c-13+b}{2} =2[/tex]. Next, divide each term in                ([tex]6b=6+4c[/tex]) and simplify, which will look like [tex]b=1+\frac{2c}{3} \\a=\frac{3b}{2} -\frac{13}{2\\}\\-\frac{2c-13+b}{2} =2[/tex].

Then, replace all variables of (b) with [tex]1+\frac{2c}{3}[/tex] in each equation and simplify, which will look like [tex]-\frac{2(2c-9)}{3}=2\\a=c-5\\b=1+\frac{2c}{3}[/tex].

The next step is to solve for (c) in the first equation. To solve for (c) in the first equation start by multiplying both sides of the equation by [tex]-\frac{3}{2}[/tex] and simplify, which will look like [tex]2c-9=-3\\a=c-5\\b=1+\frac{2c}{3}[/tex]. Then, move all terms not containing (c) to the right side of the equation, which will look like [tex]2c=6\\a=c-5\\b=1+\frac{2c}{3}[/tex]. Next, divide each term in [tex]2c=6[/tex] by 2 and simplify, which will look like [tex]c=3\\a=c-5\\b=1+\frac{2c}{3}[/tex].

Then, replace all variables of (c) with 3 in each equation and simplify, which will look like [tex]b=3\\a=-2\\c=3[/tex]. Finally, the list of all the solutions are [tex]b=3,a=-2[/tex], and [tex]c=3[/tex].

Write each of the following numbers to 3 significant figures in exponential or scientific notation. Write each number with only one non-zero digit before the decimal point.
(i) 5590
(ii) 0.000498
(iii) 135000
(iv) 0.000438

Answers

Solution :

The significant figure of a number are defined as the positional notation of that number which are most reliable and are absolutely necessary to represent the quantity of something.

In the context, we have to express the given numbers into three significant figures in the form of scientific notation or in the exponential form :

(i). 5590    -----    [tex]$5.59 \times 10^3$[/tex]

(ii).  0.000498   -----    [tex]$4.98 \times 10^{-4}$[/tex]

(iii) 135000  -----   [tex]$1.35 \times 10^5$[/tex]

(iv) 0.000438   -----  [tex]$4.38 \times 10^{-4}$[/tex]

       

A motel in New Orleans charges $90 per day for double occupancy and $80 per day for single occupancy during off-season. If 80 rooms are occupied for a total of $6,930, how many rooms of each kind are occupied?

Answers

double occupancy room=x

single occupancy room=y

x + y =   80,    

90x + 80y = 6930

x=53

y=27

For an analysis of variance comparing three treatment means, H0 states that all three population means are the same and H1 states that all three population means are different.
A. True
B. False

Answers

Answer:

False

Step-by-step explanation:

The analysis of variance may be described as an hypothesis test which is used to make comparison between variables of two or more independent groups. The null hypothesis is always of the notion that there is no difference in the means. While the alternative hypothesis is the opposite, for two independent groups, the alternative hypothesis is that both means are different, or not equal or not the same. However. When we have more than 2 independent groups, then the alternative hypothesis is stated as : 'the means are not all equal'. This means that the means of each group does not all have to be different, but the mean of one group may be different from that of the other groups or the mean of two groups are different from the other groups and so on.

Long division: 2/ 2769

Answers

Answer:

1384.5

Step-by-step explanation

Diviseion is just the oppisite of multiplication so you can think to yourself that what times two equals 2769. If you multiply 1384.5 on a calculater you get 2769.

1384.7 I think I’m not sure tho

Approximately 5% of workers in the US use public transportation to get to work. You randomly select 25 workers and ask if they use public transportation to get to work. Find the probability that exactly 2 workers say yes.

Answers

Answer:

0.2305 = 23.05% probability that exactly 2 workers say yes.

Step-by-step explanation:

For each worker, there are only two possible outcomes. Either they say yes, or they say no. The probability of a worker saying yes is independent of any other worker, which means that the binomial probability distribution is used to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

5% of workers in the US use public transportation to get to work.

This means that [tex]p = 0.05[/tex]

You randomly select 25 workers

This means that [tex]n = 25[/tex]

Find the probability that exactly 2 workers say yes.

This is P(X = 2). So

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 2) = C_{25,2}.(0.05)^{2}.(0.95)^{23} = 0.2305[/tex]

0.2305 = 23.05% probability that exactly 2 workers say yes.

PLEASE ANYONE definition of a percent increase?

Answers

Answer:

In any quantitative science, the terms relative change and relative difference are used to compare two quantities while taking into account the "sizes" of the things being compared. The comparison is expressed as a ratio and is a unitless number.

Step-by-step explanation:

I hope it helps

O EXPONENTAL AND LOGARITHMIC FUNCTIONS
Finding the initial or final amount in a word problem on...
An initial amount of money is placed in an account at an interest rate of 2% per year, compounded continuously. After two years, there is $1269.79 in the
account. Find the initial amount placed in the account. Round your answer to the nearest cent.

Answers

Answer:

$ 1220.00

Step-by-step explanation:

1269.79 = A [tex]e^{.02 * 2}[/tex]

1269.79 /A = [tex]e^{.04}[/tex]

ln(1269.79 /A) = .04 ln(e)

ln(1269.79 /A) = .04

1269.79 /A = [tex]e^{.04}[/tex]

1269.79 /A = 1.0408

A =  1269.79 / 1.0408

$ 1220.00

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