Interest paid after 30 years is $494,546.99.
Solution:
Principal (P) = $195,000
Interest rate (r) = 4.3%
Time (t) = 30 years
n = number of times interest calculated per year
n = 1
Compound interest formula:
where A is the final amount
A = 689546.99
Interest = Amount - Principal
= 689546.99 - 195000
= 494546.99
Interest paid after 30 years is $494,546.99.
451.76 and <span>451.7576 these two</span>
Answer:
Chocolate chip dough = $12
Gingerbread cookie dough = $17
Step-by-step explanation:
Since there are two variables in this problem, setting up a system of equations and using the elimination method will help us find the cost for each package of cookie dough. Based on Ryan's sales of 6 packages of chocolate chip and 12 packages of gingerbread for $276, the first equation is:
6c + 12g = 276
Since Shawna sold 8 chocolate chip and 3 gingerbread for a total of $147.00, the second equation is:
8c + 3g = 147
Using the elimination method, we will need to multiply the second equation by a factor of -4 in order to eliminate the variable 'g':
-4(8c + 3g = 147) = -32c - 12g = -588
Add the two equations:
6c + 12g = 276
+ <u> -32c - 12g = -588</u>
-26c = -312 or c = $12
Plug the value of 'c' into the first equation:
6(12) + 12g = 276 or 72 + 12g = 276 or g = $17
Answer:
25 minutes
Step-by-step explanation:
he runs 4 laps in 8 minutes
so he runs 1 lap is 8/4 = 2 minutes
Therefore he rub 12.5 laps in 2 * 12.5 = 25 minutes
Answer: 0.418 < p < 0.512
Step-by-step explanation: A 95% conifdence interval for a population proportion is given by:
where:
p is the proportion
z is score in z-table
n is sample size
The proportion for people who said "yes" is
= 0.465
For a 95% confidence interval, z = 1.96.
Calculating
0.465 ± 1.96*0.024
0.465 ± 0.047
Interval is between:
0.465 - 0.047 = 0.418
0.465 + 0.047 = 0.512
<u>The interval with 95% of confidence is between 0.418 and 0.512.</u>
