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3 years ago

The best way to achieve significant increases in interest after all in a savings account is through?

Mathematics

1 answer:

Alekssandra [29.7K]3 years ago

4 0

Answer: The answer is (d) Compounding.

Step-by-step explanation: We are given four options out of we are to select the best way through which we can achieve significant increases in interest after all in a savings account.

Increases in principle and increases in time will not give the result, because we are talking about a fixed amount of money for a fixed time.

Also, increases in interest is not in our hand.

So, only we can do is compounding. Here, in same amount of money and time, the rate of interest will automatically increase.

Thus, the correct option is (d) Compounding.

You might be interested in

Which of the following is a solution to 2cos x + 1 = 0?

nlexa [21]

The answer is b
2cos x + 1 = 0
2 cos x = -1
cos x = -1/2
x = cos^1(-1/2)
(cos inverse (-1/2))
x = 120°

3 0

3 years ago

Sarah claims that the thickness of the spearmint gum she produces is 7.5 one-hundredths of an inch. A quality control specialist

satela [25.4K]

Answer:

$t=\frac{7.55-7.5}{\frac{0.103}{\sqrt{10}}}=1.539$

$p_v =2*P(t_{(9)}>1.539)=0.158$

If we compare the p value and the significance level assumed $\alpha=0.05$ we see that $p_v>\alpha$ so we can conclude that we have enough evidence to fail reject the null hypothesis.

Step-by-step explanation:

Data given and notation

Data: 7.65, 7.60, 7.65, 7.7, 7.55, 7.55, 7.4, 7.4, 7.5, 7.5

We can begin calculating the sample mean given by:

$\bar X = \frac{\sum_{i=1}^n X_i}{n}$

And the sample deviation given by:

$s=\sart{\frac{\sum_{i=1}^n (X_i -\bar X)^2}{n-1}}$

And we got:

$\bar X=7.55$ represent the sample mean

$s=0.103$ represent the sample standard deviation

$n=10$ sample size

$\mu_o =7.5$ represent the value that we want to test

$\alpha=0.05$ represent the significance level for the hypothesis test.

t would represent the statistic (variable of interest)

$p_v$ represent the p value for the test (variable of interest)

State the null and alternative hypotheses.

We need to conduct a hypothesis in order to check if the mean is equal to 7.5 or no, the system of hypothesis would be:

Null hypothesis: $\mu = 7.5$

Alternative hypothesis: $\mu \neq 7.5$

If we analyze the size for the sample is < 30 and we don't know the population deviation so is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:

$t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}$ (1)

t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".

Calculate the statistic

We can replace in formula (1) the info given like this:

$t=\frac{7.55-7.5}{\frac{0.103}{\sqrt{10}}}=1.539$

P-value

The first step is calculate the degrees of freedom, on this case:

$df=n-1=10-1=9$

Since is a two sided test the p value would be:

$p_v =2*P(t_{(9)}>1.539)=0.158$

Conclusion

If we compare the p value and the significance level assumed $\alpha=0.05$ we see that $p_v>\alpha$ so we can conclude that we have enough evidence to fail reject the null hypothesis.

3 0

4 years ago

PLZ help picture included

cupoosta [38]

Answer:

4 miles

Step-by-step explanation:

Let

x ----> the time to returned back biking in hours

d ---> the distance in miles

s ---> speed in miles per hour

Remember that

The speed or rate is equal to divide the distance by the time

$s=\frac{d}{t}$

The distance is equal to multiply the speed by the time

$d=st$

we know that

$18\ min=\frac{18}{60}\ hours$

The distance to his friend's house and the distance of return is the same

$10x=4(x+\frac{18}{60})$

solve for x

$10x=4x+\frac{18}{15}$

subtract 4x both sides

$10x-4x=\frac{18}{15}$

$6x=\frac{18}{15}$

$x=\frac{1}{5}\ hours$

The total distance of the round trip is

$y=10x+4x+\frac{18}{15}$

substitute the value of x

$y=10(\frac{1}{5})+4(\frac{1}{5})+\frac{18}{15}$

$y=2+2=4\ miles$

6 0

3 years ago

Which equations represents a line that passes through (4, 1/3) and has a slope of 3/4

docker41 [41]

Answer:

y = 3/4x - 8/3

Step-by-step explanation:

y = 3/4x + b

1/3 = 3/4(4) + b

1/3 = 3 + b

-8/3 = b

6 0

3 years ago

Read 2 more answers

A 10-foot ladder leans against a wall with its foot braced 3 feet from wall's base. How far up the wall does the ladder reach?

dlinn [17]

Pythagorean theorem
for a right triangle with legs legnth a and b and hytponuse c
a^2+b^2=c^2

the legnht of th eladder is the hypotnuse
the 3 feet is bottom leg
height is other leg

10=c
3=a
b=?
3^2+b^2=10^2
9+b^2=100
minus 9 both sides
b^2=91
sqrt both sides
b=√91
aprox
b=9.53939

answer is √91 feet or aprox 9.53939

8 0

3 years ago