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BaLLatris [955]
3 years ago
10

Sonnie deposited $2,500 into an account that earns simple interest. After 5 years, she earned $375 in interest. What was the int

erest rate of the account?
Mathematics
1 answer:
Goshia [24]3 years ago
4 0

Answer:

  3%

Step-by-step explanation:

The interest on the account is given by the simple interest formula:

  I = Prt

where I is the interest, P is the principal invested, r is the annual rate, and t is the number of years

  375 = 2500r(5) . . . . . . using the given values in the formula

  375/12500 = r = 0.03 . . . . . divide by the coefficient of r

Sonnie's account had a 3% interest rate.

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URGENT: statistics: A researcher wishes to estimate the percentage of adults who support abolishing the penny what size sample s
irina1246 [14]

Using the margin of error for the z-distribution, the sample sizes are given as follows:

a) 822.

b) 1068.

<h3>What is a confidence interval of proportions?</h3>

A confidence interval of proportions is given by:

\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}

The margin of error is given by:

M = z\sqrt{\frac{\pi(1-\pi)}{n}}

In which:

  • \pi is the sample proportion.
  • z is the critical value.
  • n is the sample size.

We have a 95% confidence level, hence\alpha = 0.95, z is the value of Z that has a p-value of \frac{1+0.95}{2} = 0.975, so the critical value is z = 1.96.

Item a:

The estimate is of \pi = 0.26, hence we solve for n when M = 0.03.

M = z\sqrt{\frac{\pi(1-\pi)}{n}}

0.03 = 1.96\sqrt{\frac{0.26(0.74)}{n}}

0.03\sqrt{n} = 1.96\sqrt{0.26(0.74)}

\sqrt{n} = \frac{1.96\sqrt{0.26(0.74)}}{0.03}

(\sqrt{n})^2 = \left(\frac{1.96\sqrt{0.26(0.74)}}{0.03}\right)^2

n = 821.2

A sample of 822 is needed.

Item b:

No prior estimate, hence \pi = 0.5.

M = z\sqrt{\frac{\pi(1-\pi)}{n}}

0.03 = 1.96\sqrt{\frac{0.5(0.5)}{n}}

0.03\sqrt{n} = 1.96\sqrt{0.5(0.5)}

\sqrt{n} = \frac{1.96\sqrt{0.5(0.5)}}{0.03}

(\sqrt{n})^2 = \left(\frac{1.96\sqrt{0.5(0.5)}}{0.03}\right)^2

n = 1067.11

A sample of 1068 is needed.

More can be learned about the z-distribution at brainly.com/question/25890103

#SPJ1

4 0
2 years ago
Could any one explain this problem?
maxonik [38]

Answer:

C

Step-by-step explanation:

Δ AQP and Δ ACB are similar triangles, thus the ratios of corresponding sides are equal, that is

\frac{AQ}{AC} = \frac{PQ}{BC} ( note that AC = 3 + 6 = 9 ), substitute values

\frac{3}{9} = \frac{4.5}{BC} ( cross- multiply )

3BC = 40.5 ( divide both sides by 3 )

BC = 13,5 cm → C

8 0
3 years ago
Leon wants to buy a belt that costs $22. He also wants to buy some shirts that are $10 each. He has $80 to spend. Write an inequ
liubo4ka [24]

Answer:

67

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
What is the value of x? <br><br> __mm
andrezito [222]

Answer:

161.91

Step-by-step explanation:

First find the side length or YT by using the pythagorean theorem.

c= 129.2^2 = 16692.64

b= 68^2=4624

c-b = 12068.64

The square root of 12068.64 is approximately 109.86.

Using that length use the pythagorean theorem again and so:

a = 109.86^2 = 12068.64

c = 57^2 = 3249

a-c = 8819.64

The square root of 8819.64 is approximately 93.91.

So, 68 + 93.91 = 161.91

6 0
3 years ago
A random sample of harvested corn showed that 6% of the ears of corn picked were not edible. Approximately 2300 ears of corn wer
Ivenika [448]
Given:
6% of the random sample were not edible
2300 ears of corn were picked

Find number of those ears of corn that were not edible.

2,300 * 6% = 138

138 ears of corn were not edible.
3 0
4 years ago
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