Author Question: Compute the arithmetic mean of the following numbers: 657.5, 471.25, 872.01, 405.54, 221.21 (Round ... (Read 138 times)

natalie2426 · **on:** Jun 24, 2018

Compute the arithmetic mean of the following numbers: 657.5, 471.25, 872.01, 405.54, 221.21 (Round to two decimal places)
A) 521.00
B) 361.50
C) 759.21
D) 525.50

Question 2

Narrative 11-1 Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent) Suppose you wish to have 16,500 in 2 years. Use the present value formula to find how much you should invest now at 8 interest, compounded semiannually in order to have 16,500, 2 years from now. Then calculate the amount of interest.
A) 2,395.73
B) 2,353.89
C) 14,104.27
D) 14,146.11