ou deposit $1,000 in an account. The account earns 10.5% interest compounded yearly, so after 12 years the value has risen to $3,314. a) Use 70 over R appromixation to estimate the doubling time for the account. The value doubles about every ____ years. (Round to nearest tenth of a year) b) The higher the interest rate, the less accurate approximation in part a. Use logs, raxicals, or iretation to calxulate the exact doublig time for the account. The value doubles every ____ years. Round answer to nearest tenth of a year.
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.
You deposit $1,000 in an account. The account earns 10.5% interest compounded yearly, so after 12 years the value has risen to $3,314.
a) Use 70 over R appromixation to estimate the doubling time for the account.
The value doubles about every ____ years. (Round to nearest tenth of a year)
b) The higher the interest rate, the less accurate approximation in part a. Use logs, raxicals, or iretation to calxulate the exact doublig time for the account.
The value doubles every ____ years.
Round answer to nearest tenth of a year.
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