when interest is compounded n times a year, the accumalated amount(A) after t years.approximately how long will take $2000.00 to double at an annual rate of 5.25% compounded monyhly?

Answers

Answer 1

Therefore, it will take approximately 13.47 years for $2000.00 to double at an annual rate of 5.25% compounded monthly.

What is percent?

Percent is a way of expressing a number as a fraction of 100. The symbol for percent is "%". Percentages are used in many different contexts, such as finance, economics, statistics, and everyday life. Percentages can also be used to express change or growth, such as an increase or decrease in the value of something over time.

Here,

The formula for the accumulated amount (A) when interest is compounded n times per year at an annual interest rate of r, for t years, is:

[tex]A = P(1 +\frac{r}{n})^{nt}[/tex]

where P is the principal amount (initial investment).

To find approximately how long it will take $2000.00 to double at an annual rate of 5.25% compounded monthly, we need to solve for t in the above formula.

Let P = $2000.00, r = 0.0525 (5.25% expressed as a decimal), and n = 12 (monthly compounding).

Then, we have:

[tex]2P = P(1 +\frac{r}{n})^{nt}[/tex]

Dividing both sides by P, we get:

[tex]2= (1 +\frac{r}{n})^{nt}[/tex]

Taking the natural logarithm of both sides, we get:

[tex]ln(2) =ln(1 +\frac{r}{n})^{nt}[/tex]

Using the properties of logarithms, we can simplify this expression as:

[tex]ln(2) = n*t * ln(1 + r/n)[/tex]

Dividing both sides by n*ln(1 + r/n), we get:

[tex]t = ln(2) / (n * ln(1 + r/n))[/tex]

Plugging in the values for r and n, we get:

[tex]t = ln(2) / (12 * ln(1 + 0.0525/12))[/tex]

Solving this expression on a calculator, we get:

t ≈ 13.47 years

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Related Questions

Increase the number 15/16 by 3/5 of it of it. Then increase the resulting number by 3/5 of it

Answers

The resulting number is 12/5

What are arithmetical operations?

Arithmetic operations is a branch of mathematics, that involves the study of numbers, operation of numbers that are useful in all the other branches of mathematics. It basically comprises operations such as Addition, Subtraction, Multiplication and Division.

Given that we need to, increase the number 15/16 by 3/5 of it, then increase the resulting number by 3/5 of it

So, performing the operations,

15/16+15/16×3/5

= 15/16(1+3/5)

= 15/16(8/5)

= 120/80

= 3/2

Now,

3/2+3/2×3/5

= 3/2(1+3/5)

= 3/2(8/5)

= 24/10

= 12/5

Hence, the resulting number is 12/5

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A sports medicine specialist determines that a
hot-weather training strategy is appropriate for
a 165 cm tall individual whose BSA is less
than 2.0. To the nearest hundredth, what can
the mass of the individual be for the training
strategy to be appropriate?
hom
BSA <2.0
20
1789
Finish
165 cm
^

Answers

The mass of the individual can be up to 87.27 kg for the hot-weather training strategy to be appropriate.

How do you solve for the mass of of the individual using the equation provided?

Given that the training strategy is appropriate for a BSA less than 2.0, we need to find the maximum mass (M) for the individual with a height (H) of 165 cm. The equation for BSA is:

BSA = √(H x M) / 3600

We can rearrange the equation to solve for M:

M = (BSA^2 x 3600) / H

Since we want the maximum mass for a BSA less than 2.0, we can use BSA = 2.0 as the upper limit:

M = (2.0^2 x 3600) / 165

M = (4 x 3600) / 165

M = 87.27 kg

The above question is in response to the full question as seen in the image;

A sports medicine specialist determines that a hot-weather training strategy is appropriate for a 165 cm tall individual whose BSA is less

than 2.0. To the nearest hundredth, what can the mass of the individual be for the training strategy to be appropriate?

The equation for BSA is BSA = √(H x M)/3600

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video
Let the region R be the area enclosed by the function f(x) = ln (x) + 1 and
g(x)=x-1. If the region R is the base of a solid such that each cross section
perpendicular to the a-axis is a semi-circle with diameters extending through the
region R, find the volume of the solid. You may use a calculator and round to the
nearest thousandth.

Answers

The volume of the solid is approximately 0.558 cubic units.

To find the volume of the solid, we need to integrate the area of the semi-circles along the a-axis.

We know that the diameter of each semi-circle is the distance between the functions f(x) and g(x), which is:

d(a) = f(a) - g(a) = ln(a) + 1 - (a-1) = ln(a) - a + 2

The radius of each semi-circle is half of the diameter, which is:

r(a) = (ln(a) - a + 2) / 2

The area of each semi-circle is π times the square of its radius, which is:

[tex]A(a) = πr(a)^2 = π/4 (ln(a) - a + 2)^2[/tex]

To find the volume of the solid, we integrate the area of each semi-circle along the a-axis, from a = e to a = 2:

V = ∫[e,2] A(a) da

V = ∫[e,2] π/4 [tex](ln(a) - a + 2)^2 da[/tex]

V ≈ 0.558 (rounded to the nearest thousandth)

Therefore, the volume of the solid is approximately 0.558 cubic units.

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Question 2
(03.01 LC)
Which of the following is not created when a plane slices through a cone?
O Point
O Line
O Circle
O Square

Answers

A square is not created when a plane slices through a cone.

What is square?

A square is a geometrical shape that has four equal sides and four equal angles of 90 degrees.

What is cone?

A cone is a three-dimensional geometric shape that tapers smoothly from a flat base to a pointed top or apex. It looks like a funnel or an ice cream cone.

According to given information:

When a plane intersects or slices through a cone, it creates a variety of different shapes depending on the angle of the plane and the position of the cone.

If the plane intersects the cone at an angle perpendicular to its base, it will create a circle. If the plane intersects the cone at an angle that is not perpendicular to its base, it will create an ellipse.

If the plane intersects the cone at an angle that is parallel to one of its generators (the lines that can be drawn from the vertex of the cone to any point on its base), it will create a parabola. If the plane intersects the cone at an angle that is not parallel to one of its generators, it will create a hyperbola.

Therefore, a square is not created when a plane slices through a cone.

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How many feet of fencing will be needed to enclose this dog pen? 4.8ft by 4yd

Answers

Answer:

19.2 ft

Step-by-step explanation:

2. Solve based on the diagram below.
What is the value of angle x? How do you know (what type of angle pairs are they)?

Answers

Answer: 160

Step-by-step explanation: The straight line or line X is 180 degrees. So subtracted 20. This is because X is intersected by another line which makes the upper notch 20 degrees.

ALGEBRA 1 HW!! I WILL GIVE BRAINLYEST​

Answers

A) The completed table is given as follows:

L D(L)

0 0

3 1

4 1

6.5 2

10 2

11.9 2

15 3

B) the graph is attached accordingly.

C) In the context of the given problem, to store 43 liters of coffee, she needs at least 8 dispensers, as given by the function D(L).

What is the explanation for the above response?

a) To complete the table, we need to use the given function D(L) to determine the number of beverage dispensers needed to hold different amounts of coffee.

We know that each beverage dispenser can hold 6 liters of coffee, so we can start by dividing the amount of coffee needed by 6 and rounding up to the nearest integer to get the number of dispensers needed.

D(L) = ceil(L/6)

Using this formula, we can complete the table as follows:

L D(L)

0 0

3 1

4 1

6.5 2

10 2

11.9 2

15 3

Note that for L=0, we don't need any dispensers, so the value of D(L) is 0. For all other values of L, we divide by 6 and round up to get the corresponding value of D(L).

b) The graph is attached.

c) In the context of the given problem, the function D(L) gives the minimum number of beverage dispensers needed to hold L liters of coffee, assuming each dispenser can hold 6 liters.

So, D(43) = 8 means that if Giada needs to brew and store 43 liters of coffee, she will need at least 8 beverage dispensers. Each dispenser can hold 6 liters, so the first 7 dispensers will be completely filled, and the last dispenser will be partially filled with the remaining coffee.

In other words, if Giada fills 7 dispensers completely, she will have used 42 liters of coffee, and the remaining 1 liter of coffee will be stored in the 8th dispenser. Therefore, to store 43 liters of coffee, she needs at least 8 dispensers, as given by the function D(L).

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Just curious to know

Answers

Therefore, if Jane had left a message on every call, you would have gotten 670 voicemails. The solution is 670.

what is percentage ?

Since "percent" is a slang term for "per hundred," when we discuss percentages, we are speaking to a fraction of a hundred. In a variety of contexts, including math, science, finance, and daily living, percentages are used. The percent sign (%) is commonly used to denote percentages. As an illustration, to determine what proportion of 50 apples are red, you would split the number of red apples by the total number of apples and multiply the result by 100.

given

If Jane had phoned 1,000 times and you had allowed 67% of those calls to go to voicemail, then 67% of those calls would have left voicemails for you.

You can multiply the overall number of calls by the proportion of calls that went to voicemail to determine how many voicemails you would have received:

1000 x 67% = 670

Therefore, if Jane had left a message on every call, you would have gotten 670 voicemails. The solution is 670.

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The complete question is :-  

Jane called one thousand times to tell you she's sorry. If you saw she was calling and let your phone go to voicemail 67% of the time, how many voicemails would you have received if she left one each time?

Possible Answers:

3,700

57,000

67

None of the given answers

670

Which of the following quotients are true? Select all that apply. A. 1 2 ÷ 2 = 4 B. 1 3 ÷ 4 = 4 3 C. 1 2 ÷ 6 = 1 12 D. 1 5 ÷ 2 = 10 E. 1 8 ÷ 3 = 1 24

Answers

We may conclude after answering the presented question that None of the given quotient equations are true.

What is an equation?

A formula is a statement that two expressions are equal. An equation consists of two sides separated by an algebraic equation (=).  

For example, the argument "2x + 3 = 9" asserts that the phrase "2x Plus 3" equals the number "9."

The purpose of equation solving is to determine the value or values of the variable(s) that will allow the equation to be true. Equations can be simple or complicated, regular or nonlinear, and include one or more elements.

[tex]x^2 + 2x - 3 = 0.[/tex] Lines are utilized in many different areas of mathematics, such as algebra, calculus, and geometry.

None of the given quotients are true.

A. 1/2 ÷ 2 = 1/4, not 4.

B. 1/3 ÷ 4 = 1/12, not 4/3.

C. 1/2 ÷ 6 = 1/12, not 1/6.

D. 1/5 ÷ 2 = 1/10, not 10.

E. 1/8 ÷ 3 = 1/24, not 1/3.

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Interpret the data in the circle graph. If 560 books were sold at the book fair, find the number of the books that were mystery books.


If 560 books were sold at the book fair,
(Type a whole number.)
of the books were mystery books.
Circle graph
Fantasy 8%
Science
Fiction
12%
Comic 15%
Other 5%
Mystery 20%
-Fictic

Answers

Answer:

112

Step-by-step explanation:

According to the circle graph, the mystery books make up 20% of all books sold. So, we can calculate the number of mystery books sold as follows:

Number of mystery books = 20% of 560

= (20/100) x 560

= 112

Therefore, the number of mystery books sold at the book fair was 112.

Which relationships describe angles 1 and 2? Select each correct answer. O complementary angles O adjacent angles O vertical angles O supplementary angles​

Answers

Answer:2

Step-by-step explanation:Because the 2 is closest to the middle line

Answer:

relationship describes angles 1 and 2 is supplementary angles. From the given figure

it is concluded that

the relation ship between angle 1 and 2 is supplementary angles

because its is  linear pair

and forms a line

therefore , the angles are supplementary angles

hence , relationship describes angles 1 and 2 is supplementary angle

Step-by-step explanation: Hope this helps !! Mark me brainliest!! :))

A line has a slope of 5/6
and passes through the point (7,6). Write its equation in slope-intercept form.

Answers

Answer:

y = 5/6x + 1/6

Step-by-step explanation:

m = 5/6, x = 7, y = 6

y = mx + b

6 = 5/6(7) + b

b = 6 - 35/6

b = 36/6 - 35/6 = 1/6

y = 5/6x + 1/6

Answer:

Below

Step-by-step explanation:

Here is another way:

 Start with point ( 7,6)   slope ( m= 5/6)  form :

    (y-6) = 5/6 ( x-7)     expand

    y-6 = 5/6 x -  35/6     add 6 to both sides

       y = 5/6 x + 1/6     Done.

I need help with my homework

Answers

The average rate of change representing the state whose temperature is decreasing slower is given as follows:

-1.5ºF/day.

How to obtain the average rate of change?

The average rate of change of a function is given by the change in the output of the function divided by the change in the input of the function. Hence we must identify the change in the output, the change in the input, and then divide then to obtain the average rate of change.

For Maine, in 9 days, the temperature fell by 13.5ºF, hence the rate is given as follows:

-13.5/9 = -1.5ºF/day.

For Connecticut, in 2.5 days, the temperature fell by 6.25ºF, hence the rate is given as follows:

-6.25/2.5 = -2.25 ºF/day.

A slower decline is in Maine, as it has a lower rate of change.

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The perimeter of a rectangular garden is 30 ft. The length is 3 ft more than the width. Find the length and the width of the garden.

Answers

Step-by-step explanation:

the perimeter of a rectangle is

2×length + 2×width

in our case

length = width + 3

and

2×length + 2×width = 30

using the first equation in the second :

2×(width + 3) + 2×width = 30

width + 3 + width = 15

2×width + 3 = 15

2×width = 12

width = 12/2 = 6 ft

length = width + 3 = 6 + 3 = 9 ft

What is the value of x in (x+3)^2=49 show your work

Answers

Answer:

x = 4,-10

Step-by-step explanation:

(x+3)^2=49

x+3=√(49)

x+3=√(7^2)

x+3=7

x+3-3=7-3

x=4

x+3=-√(49)

x+3=-7

x+3-3=-7-3

x=-10

x = 4,-10

savvas realize topic 5 assesment

Answers

Finally, express the solution as an interval of real numbers or as a set of values that make the inequality. x<10.4, x>3.3, x≥32 and x≤-15.

How to solve inequality?

To solve an inequality, you need to find the set of values that make the inequality true. The process for solving an inequality depends on the type of inequality and the variables involved. Here are the general steps:

Determine the type of inequality: Is it a greater than (>), less than (<), greater than or equal to (≥), or less than or equal to (≤) inequality?

Simplify both sides of the inequality as much as possible using algebraic operations such as addition, subtraction, multiplication, and division. Remember to apply the same operation to both sides of the inequality.

If you multiplied or divided both sides of the inequality by a negative number, you need to reverse the direction of the inequality. For example, if you multiplied both sides of x < 3 by -1, you would get -x > -3.If there are variables on both sides of the inequality, move them all to one side of the inequality and simplify.If there are absolute values in the inequality, you may need to split the inequality into two separate cases, one for when the quantity inside the absolute value is positive, and one for when it is negative.

Finally, express the solution as an interval of real numbers or as a set of values that make the inequality true. If the inequality is strict (> or <), use an open interval (e.g., (a, b)). If the inequality includes equality (≥ or ≤), use a closed interval (e.g., [a, b]).

by the question.

a. x-3.5>6.9

x>6.9+3.5

x>10.4

b. 6.4>x+3.1

x[tex]\geq 32[/tex]

c. x/4≤8

x≤32

d. 2/3x≤-10

x≤-15

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the soccer team manager plans to have 2 gallons of water for every 4 players on the team during practice. determine whether the statements about ratios are true or false.

A. The team manager needs 1 gallon of water for every 1 player
` true or false
B. The ratio of number of players to gallons of water is 2:1
` true or false
C. The team manager ould need 4 gallons of water for 10 players
` true or false
D. For 30 players, the team manager would need 15 gallons of water ` true or false

Answers

Answer:

A.=False

B.=True

C.=False

D.=True

Step-by-step explanation:

The original ration is 2 gallons of water for 4 players.

Each player requires 1/2 gallon of water.

To get the amount of water needed multiply 1/2 by the amount of players.

1*(1/2) does not equal 1

2*(1/2) equals 1

10*(1/2) does not equal 4

30*(1/2) equals 15

PLEASE HELP! Find missing side lengths of B and C. Explain

Answers

Answer:

b=7 & c=7√2

Step-by-step explanation:

b=7 as it is an isosceles triangle

now using Pythagoras theorem,

(c)^2= (7)^2+(7)^2

⇒(c)^2= 49+49

⇒(c)^2= 98

⇒c= √98

⇒c=7√2

Answer:

b = 7c = 7√2

Step-by-step explanation:

You want the missing side lengths in an isosceles right triangle with one side given as 7.

Isosceles right triangle

The two congruent acute angles tell you this right triangle is isosceles. That means sides 7 and b are the same length:

  b = 7

The hypotenuse of an isosceles right triangle is √2 times the side length:

  c = 7√2

__

Additional comment

You can figure the hypotenuse using the Pythagorean theorem if you haven't memorized the side relations of this "special" right triangle.

  c² = 7² + b²

  c² = 7² +7² = 2·7²

  c = √(2·7²) = 7√2

The side length ratios for an isosceles right triangle (angles 45°-45°-90°) are 1 : 1 : √2.

The other "special" right triangle is the 30°-60°-90° triangle, which has side length ratios 1 : √3 : 2.

A student wants to investigate the chemical changes that a piece of wood undergoes when it is burned. He believes wood that burns for 15 minutes will weigh less than unburned wood. Design a laboratory experiment that would allow the student to test his predictions, using appropriate equipment and technology. Be sure to consider safety requirements in your answer.

Answers

Answer:

Experimental Procedure:

Materials:

Piece of wood

Electronic balance

Bunsen burner

Heat-resistant mat

Stopwatch or timer

Safety goggles

Lab coat

Safety Precautions:

Wear safety goggles and a lab coat to protect your eyes and clothing from any sparks or flames.

Place the heat-resistant mat under the Bunsen burner to prevent any accidental fires.

Use the Bunsen burner only under adult supervision.

Be cautious when handling hot objects, and allow them to cool before touching.

Procedure:

Measure the initial mass of the piece of wood using an electronic balance, and record it in a table.

Light the Bunsen burner, and place the piece of wood over the flame using tongs. Ensure that the wood is fully engulfed in the flame.

Use a stopwatch or timer to time how long the wood burns for (in this case, 15 minutes).

After 15 minutes, turn off the Bunsen burner and remove the piece of wood from the flame using tongs.

Allow the wood to cool, and then measure its final mass using the electronic balance, and record it in the table.

Calculate the difference between the initial and final mass of the wood, and record it in the table.

Repeat steps 1-6 three times to obtain three sets of data.

Calculate the average mass of the burned wood and compare it to the initial mass of the unburned wood to determine if the student's prediction was correct.

Conclusion:

If the average mass of the burned wood is less than the initial mass of the unburned wood, the student's prediction was correct, and he can conclude that the wood underwent a chemical change when it was burned. If the average mass is greater than or equal to the initial mass, the prediction was incorrect, and the student may need to revise his hypothesis or experimental design.

1. You purchase a car using a $12,500 loan with a 5.6% simple interest rate.
(a) Suppose you pay the loan off after 6 years. How much interest do you pay on your loan? Show your work.
(a) Suppose you pay the loan off after 3 years. How much interest do you save by paying the loan off sooner? Show your work.

Answers

The interest that is paid on the loan in 6 years will be $4,200.

The amount of interest that is saved is $2,100.

What is the interest on the loan?

The simple interest is a linear function of the number of years of the loan, value of the loan and the duration of the loan. The higher either of these values are, the higher the simple interest.

Simple interest = loan x time x interest rate

Simple interest if the loan is paid off after 6 years: $12,500 x 6 x 0.056 = $4,200

Simple interest if the loan is paid off after 3 years: $12,500 x 3 x 0.056 = $2100

Interest saved = $4200 - $2100 = 2100

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In western music, an octave is divided into 12 pitches. For the film Close Encounters of the Third Kind, director Steven Spielberg asked composer John Williams to write a five-note theme, which aliens would use to communicate with people on Earth. Disregarding rhythm and octave changes, how many five-note themes are possible if no note is repeated?

Answers

Answer:

This should be a permutation

Step-by-step explanation:

P (n, r) = n!/(n-r)!

P (12,5) = 12!/(12-5)!

P (12,5) = 12!/7!

P(12,5) = 95040

Find the area of the shaded sector of the circle​

Answers

Answer:

32.67 square meters

Step-by-step explanation:

finding the area of the shaded region.

area of sector = (θ/360°) x πr²

where "θ" is the central angle of the sector in degrees, "r" is the radius of the sector, and π is a mathematical constant approximately equal to 3.14.

Substituting the given values into the formula, we get:

area of sector = (60°/360°) x π(14m)²

area of sector = (1/6) x 3.14 x 196m²

area of sector = 32.67m² (rounded to two decimal places)

Therefore, the area of the section is 32.67 square meters

I need help asap!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

Step-by-step explanation: 1. is Yes 2 is no 3. is all 4 is Y and 50 5 is yes and -1

Perry's patio is 6 meters long and 53 meters wide. What is the area of his patio?​

Answers

The area of Perry’s patio is 318 m^2.
You have to multiply 6 and 53 to get 318 as your area, which then you would put into the unit states in the question, so your answer is 318 m^2.

Lmkkkk helppppppppppp

Answers

Answer:

1.986 x 10 to the tenth power

Step-by-step explanation:

Jump to level 1
What are m and b in the linear equation 3 + 7x + 11 + 10x = y?
m = Ex: 50 ÷
b = Ex: 50

Answers

Answer:

The given equation is 3 + 7x + 11 + 10x = y.

Simplifying the equation, we get:

y = 17x + 14

Comparing with the standard linear equation y = mx + b, we can see that:

m = 17

b = 14

Therefore, m = 17 and b = 14.

which is more 7,000 millimeters or 7 liters?

Answers

I believe you meant milliliters? If so, they are equal.

Please helpppp it’s urgent!!! Assume you have a balance of $3000 on a credit card with an APR of 24 %, or 2 % per month. You start making monthly payments of $200, but at the same time you charge an additional $100 per month to the credit card. Assume that interest for a given month is based on the balance for the previous month. How long does it take to pay off the credit card debt? Round your numbers to the nearest cent?

Answers

It will take around 3.72 months to pay off the credit card debt.

Explain about the annual percentage rate APR?The annual rate of interest that a person must pay on a loan or receives on a bank account is known as the annual percentage rate (APR).APR is utilized for everything, including credit cards, auto loans, and mortgages.

The formula for APR is:

A = P * [tex](1 + r/n)^{nt}[/tex]

In which,

A = amount after compounding.

P = balance amount

r = rate of interest.

n = number of time compounded.

Initial balance: $30,000.

Payments per month = $200.

Expenses = $100

Balance amount = 30,000 - 12 *(200 - 100)

Balance amount = $28800

So, time taken for paying off credit card debt.

30,000 = 28800  [tex](1 + 0.24/1)^{1*t}[/tex]

[tex](1.24)^{t}[/tex] = 30,000 / 28800

[tex](1.24)^{t}[/tex] = 1.04

Solve by using logarithmic function.

t = ln (1.04) / 1.24

t = 0.31  year

t = 3.72 months

Thus, it will take around 3.72 months to pay off the credit card debt.

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What is the volume of this cone?

Answers

The volume of the cone is  2119. 5 cubic centimeters

How to determine the volume of the cone

The formula used for calculating the volume of a cone is expressed as;

V = πr² h/3

Given that the parameters are namely;

V is the volume of the cone.π takes the constant value of 3.14h is the height of the cone.r is the radius of the cone.

Now, substitute the values, we have;

Volume , V = 3.14 × 15² × 9/3

Divide the values, we have;

Volume = 3.14 × 225 × 3

Multiply the values, we get;

Volume, V = 2119. 5 cubic centimeters

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In a recent survey, 60% of the community favored building a supermarket in their neighborhood. If 25 citizens are chosen, what is the variance of the number favoring the supermarket?

Answers

The variance of the number of citizens favoring the supermarket is 6.

To find the variance of the number of citizens favoring the supermarket, we need to use the binomial distribution formula:

Variance = n × p × (1 - p)

where n is the number of trials (25 in this case), p is the probability of success (0.6 in this case), and (1 - p) is the probability of failure.

Plugging in the values, we get:

Variance = 25 × 0.6 × (1 - 0.6)

Variance = 25 × 0.6 × 0.4

Variance = 6

The binomial distribution is a probability distribution that models the number of successes in a fixed number of independent trials, where each trial has only two possible outcomes, success or failure. In this case, the trials are the 25 citizens who were chosen, and the success is the event of favoring the supermarket, which has a probability of 0.6.

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