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Alika [10]
2 years ago
11

Maria deposited 1200 in savings account for 5 years. The

Mathematics
1 answer:
fredd [130]2 years ago
6 0

Answer:

compound interest would be,

1495.91

and simple interest would be,

1470

Step-by-step explanation:

compound interest would look like,

1200 x 1.045 x 1.045 x 1.045 x 1.045 x 1.045

and simple interest would look like,

1200 x 0.045 = 54 = 4.5%

54 x 5 = 270

1200 + 270 = 1470

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Step-by-step explanation:

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An item sells for $30 and is on sale for 15% off and the sales tax is 8.2%. What is the final cost to the nearest cent? (Calcula
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Answer:

$27.59

Step-by-step explanation:

You multiply 30 dollars by 0.85 (1-0.15, with the 0.15 being for the 15 percent off). Which gets you to $25.50, and you then multiply it by 1.082 (the 1.082 being the tax, and the .082 part equating to the 8.2% tax percentage).

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Harper’s Index claims that 23% of American are in favor of outlawing cigarettes. You decide to test this claim and ask a random
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Answer:

There is enough evidence not to reject the claim.

Step-by-step explanation:

H0: The population proportion of Americans in favor of cigarette outlawing is 0.23.

Ha: The population proportion of Americans in favor of cigarette outlawing is not 0.23.

Critical value approach

z = (p' - p) ÷ sqrt[p(1 - p) ÷ n]

p' is sample proportion = 54/200 = 0.27

p is population proportion = 23% = 0.23

n is number of Americans sampled = 200

z = (0.27 - 0.23) ÷ sqrt[0.23(1 - 0.23) ÷ 300] = 0.04 ÷ sqrt[8.855×10^-4] = 0.04 ÷ 0.0298 = 1.34

The test is a two-tailed test because the alternate hypothesis is expressed using not equal to.

Critical value at 0.05 significance level is 1.96

For a two-tailed test, the region of no rejection of H0 lies between -1.96 and 1.96

Conclusion:

Fail to reject H0 because the test statistic 1.34 falls within the region bounded by -1.96 and 1.96.

There is enough evidence not to reject the claim because the claim is contained in the null hypothesis (H0).

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