Instruction 2 Note: 1L Means the 'Low Teens' - 10, 11, 12

question 104

Short Answer

Instruction 2.5
The Stem-and-Leaf display below contains data on the number of months between the date a civil suit is filed and when the case is actually adjudicated for 50 cases heard in the Supreme Court of Victoria.
$$\begin{array} { | l | l | } \hline \text { Stem } & \text { Leaves } \\\hline 1 \mathrm {~L} & 23444 \\\hline 1 \mathrm { H } & 7899 \\\hline 2 \mathrm {~L} & 2222345 \\& 5 \\\hline 2 \mathrm { H } & 678889 \\\hline 3 \mathrm {~L} & 001113 \\\hline 3 \mathrm { H } & 5778 \\\hline 4 \mathrm {~L} & 0234 \\\hline 4 \mathrm { H } & 5579 \\\hline 5 \mathrm {~L} & 1124 \\\hline 5 \mathrm { H } & 66 \\\hline 6 \mathrm {~L} & 15 \\\hline 6 \mathrm { H } & 8 \\\hline\end{array}$$ Note: 1L means the 'low teens' - 10, 11, 12, 13, or 14; 1H means the 'high teens' - 15, 16, 17, 18, or 19; 2L means the 'low twenties' - 20, 21, 22, 23, or 24, etc.
-Referring to Instruction 2.5,locate the first leaf -that is,the lowest valued leaf with the lowest valued stem.This represents a wait of _________ months.

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Definitions:

Perpetuity

A type of annuity that continues indefinitely, making regular payments for an infinite amount of time.

Compounded Monthly

The method of calculating interest where the earned interest is added to the principal each month, leading to interest on interest.

Perpetuity

Perpetuity refers to a type of annuity that pays a consistent amount of income to an individual indefinitely.

Compounded Quarterly

Interest calculation method where the interest is computed and added to the principal every quarter, impacting the total interest earned or paid.