Answer:
5,000.
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Step-by-step explanation:
Answer:
r = -1
Step-by-step explanation:
To get r isolated, you have to divide each side by -7
7 divided by -7 is -1, therefore r = -1
Answer:
92% Confidence Interval = [8.515, 8.605]
Step-by-step explanation:
The number of samples given is 15,this less than 30, hence, we use the t score confidence Interval
= Mean ± t score × Standard deviation/√n
Mean = 8.56 ounces
Standard deviation = 0.09 ounces
n = 15
We find the degrees of freedom = n - 1
= 15 - 1 = 14
Using the T score table
T score for 92% confidence interval with degrees of freedom 14
= 1.8875
Hence:
Confidence Interval =
= 8.56 ± 1.8875 × 0.09/√15
= 8.56 ± 0.0454010035
Confidence Interval
8.56 - 0.0454010035
= 8.5145989965
≈ 8.515
8.56 + 0.0454010035
= 8.6054010035
≈ 8.605
92% Confidence Interval = [8.515, 8.605]
The formula for this is
. Filling in accordingly,
. This simplifies to
and 36=6x. Therefore, x = 6 so the bases are 6 and 12.
= $ 32,275.00
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 4.85%/100 = 0.0485 per year,
putting time into years for simplicity,
24 quarters ÷ 4 quarters/year = 6 years,
then, solving our equation
A = 25000(1 + (0.0485 × 6)) = 32275
A = $ 32,275.00
The total amount accrued, principal plus interest,
from simple interest on a principal of $ 25,000.00
at a rate of 4.85% per year
for 6 years (24 quarters) is $ 32,275.00.
