Suppose that an investment of $13,000 grows in value at a rate of 9% per year. what is the growth factor for this investment?
a.
0.09
c.
1.09
b.
1/9
d.
9

c.  1.09

Step-by-step explanation:

The exponential growth equation is given by :-

, where A is the initial amount , r is the rate of growth and x is the time period.

Here growth factor = 1+r

Given: The Initial value = $13,000

Rate of growth = 9%=0.09

Then, the exponential growth equation for the given investment will be

Here , the growth factor = 1.09

solution:

as, mean is defined as sum of all the observations divided by total number of observations.

and , median is mid value of the data whether arranged in ascending order or descending order.

consider, roadsters:

2,3,4,5,6,7,8,9

mean =

also, median= , because number of observations is even, so median is mean of two mid values.

now, coming to bandits

2,3,4,5,6

mean =  

median = 4, as number of observations is odd.

so, roadsters has greater median as well mean than bandits.

→option a is true about the repairs performed on 2 types of cars:

bandits have lower median and mean than roadsters.

their is no graph showing

step-by-step explanation: