Answer:
<u>R8000</u>.
Step-by-step explanation:
First, let's calculate the amount they are going to have to pay the bank after 1 year. It is given by the following expression:
R5 000 * 1.28= R6400
Therefore, they have to pay R6400/12 monthly.
Now, in fifteen months the total amount to pay should be (R6400/12) * 15= <u>R8000</u>.
Answer:
confidence interval:
This tells us the degree of certainty or uncertainty that is existent in a sampling method. It gives us a range of values, telling us we are fairly sure that our true value or parameter lies within the range.
Degree of confidence:
This tells us that the confidence interval has captured the true/exact population parameter.
If we have 95% degree of confidence, we are 95% sure that that the exact/true parameter are in the confidence interval
ax-bx+y=z the formula that could be used to find x
Answer:
<h2>x=z−y/a−b</h2>
