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scoundrel [369]
3 years ago
5

Tyler has earned money by helping out on a neighbor's farm and now wants to put his earnings in a savings account. He is a bit c

onfused on the different interest options available and how each will impact the amount he has after several years. Help Tyler better understand by showing him how his money will increase in an account that uses simple interest and one that uses compound interest over a specified period of time.
If Tyler deposits $1500 of the $3200 he has earned in an account that pays 4% interest compounded annually, how much will he have in his account after 5 years?
Mathematics
1 answer:
weeeeeb [17]3 years ago
3 0
The awnser is $1800
1500*.04*5= 1800
You might be interested in
Is 0.5814 repeating a rational or irrational number??
goldenfox [79]

Answer:

irrational

Step-by-step explanation:

8 0
2 years ago
Read 2 more answers
Modern medical practice tells us not to encourage babies to become too fat. Is there a positive correlation between the weight x
Anna11 [10]

Answer:

a) Figure attached

b) y=1.31 x +98.57

c) The correlation coefficient would be r =0.47719

d) y=1.31 x +98.57=1.31*21 + 98.57 =126.08

Step-by-step explanation:

(a) Draw a scatter diagram for the data.

See the figure attached

(b) Find x, y, b, and the equation of the least-squares line. (Round your answers to three decimal places.) x =__ y =__ b =__ y =__ + __x

m=\frac{S_{xy}}{S_{xx}}

Where:

S_{xy}=\sum_{i=1}^n x_i y_i -\frac{(\sum_{i=1}^n x_i)(\sum_{i=1}^n y_i)}{n}

S_{xx}=\sum_{i=1}^n x^2_i -\frac{(\sum_{i=1}^n x_i)^2}{n}

With these we can find the sums:

S_{xx}=\sum_{i=1}^n x^2_i -\frac{(\sum_{i=1}^n x_i)^2}{n}=6576-\frac{300^2}{14}=147.429

S_{xy}=\sum_{i=1}^n x_i y_i -\frac{(\sum_{i=1}^n x_i)(\sum_{i=1}^n y_i){n}}=38186-\frac{300*1773}{14}=193.143

And the slope would be:

m=\frac{193.143}{147.429}=1.31

Nowe we can find the means for x and y like this:

\bar x= \frac{\sum x_i}{n}=\frac{300}{14}=21.429

\bar y= \frac{\sum y_i}{n}=\frac{1773}{14}=126.643

And we can find the intercept using this:

b=\bar y -m \bar x=126.643-(1.31*21.429)=98.571

So the line would be given by:

y=1.31 x +98.57

(c) Find the sample correlation coefficient r and the coefficient of determination r?2. (Round your answers to three decimal places.)

n=14 \sum x = 300, \sum y = 1773, \sum xy=38186, \sum x^2 =6576, \sum y^2 =225649  

And in order to calculate the correlation coefficient we can use this formula:

r=\frac{n(\sum xy)-(\sum x)(\sum y)}{\sqrt{[n\sum x^2 -(\sum x)^2][n\sum y^2 -(\sum y)^2]}}

r=\frac{14(38186)-(300)(1773)}{\sqrt{[14(6576) -(300)^2][14(225649) -(1773)^2]}}=0.9534

So then the correlation coefficient would be r =0.47719

What percentage of variation in y is explained by the least-squares model? (Round your answer to one decimal place.)

The % of variation is given by the determination coefficient given by r^2 and on this case 0.47719^2 =0.2277, so then the % of variation explaines is 22.8%.

(d) If a female baby weighs 21 pounds at 1 year, what do you predict she will weigh at 30 years of age? (Round your answer to two decimal places.) ___ lb

So we can replace in the linear model like this:

y=1.31 x +98.57=1.31*21 + 98.57 =126.08

7 0
2 years ago
1-58. Mr. Wright was making a table to figure out how much it costs to send a certain numt
Drupady [299]

A table of values can be used to represent variables that are directly proportional.

The complete table of proportions is:

\left[\begin{array}{ccccccccc}Letters&10&2&[150 ]&7&1&500&[420] \\Cost&0.45&0.90&6.75&[0.315]&[0.045 ]&[22.5 ] & 18.90\end{array}\right]

Given that

\left[\begin{array}{ccccccccc}Letters&10&2&[\ ]&7&1&500&[\ ] \\Cost&0.45&0.90&6.75&[\ ]&[\ ]&[\ ] & 18.90\end{array}\right]

Let:

<em />L \to<em> Letters</em>

<em />C \to<em> Cost</em>

<em />

Using proportional reasoning, we have:

C  = kL

Where

<em />k \to<em> ratio of proportion</em>

For the first values of C and L, we have:

C  = kL

0.45 = k \times 10

Divide both sides by 10

k = 0.045

So, the equation of proportion is:

C = 0.045L

<u>When C = 6.75, we have:</u>

C = 0.045L

6.75 = 0.045L

Solve for L

L = \frac{6.75}{0.045}

L = 150

<u>When L = 7, we have:</u>

C = 0.045L

C = 0.045 \times 7

C = 0.315

<u>When L = 1, we have:</u>

C = 0.045L

C = 0.045 \times 1

C = 0.045

<u>When L = 500, we have:</u>

C =0.045L\\

C =0.045 \times 500

C =22.5

<u>When C = 18.90, we have:</u>

C = 0.045L

18.90 = 0.045L

Solve for L

L=\frac{18.90}{0.045}

L=420

Hence, the complete table is:

\left[\begin{array}{ccccccccc}Letters&10&2&[150 ]&7&1&500&[420] \\Cost&0.45&0.90&6.75&[0.315]&[0.045 ]&[22.5 ] & 18.90\end{array}\right]

Read more about proportions at:

brainly.com/question/21126582

8 0
2 years ago
Sorry i know it is too blurry but can u at least try
raketka [301]

Answer:

Step-by-step explanation:

Draw your figures the same way as I did, and see if you understand the explanations before writing them down. It's most important to learn from your work :)

7 0
2 years ago
A rectangle has a length that is three feet more than twice it’s width. If the area of the rectangle is 90 square feet, then alg
Mkey [24]

Answer:

Length=27feet\\Width=12 feet

Step-by-step explanation:

Let, the length of the rectangle be 'L'

and, width of the rectangle be 'W'

length=2*Width+3

L=(2W+3) feet\\\\

Area of the rectangle= 90 square feet

Area of a rectangle = Length*Width

90=(2W+3)*W\\\\2W^2+3W=90\\\\2W^2+3W-90=0\\\\

Using Factorization Method to solve quadratic equation:

2W^2-12W+15W-90=0

Taking common from the equation:

2W(W-12)+15(W-12)=90\\\\(W-12)(2W+15)=0\\\\W-12=0\\\\W=12 feet

OR

2W+15=0\\\\2W=-15\\\\W=-7.5 feet

The Width cannot be negative, therefore Width(W)=12 feet

Length=2*Width+3\\\\=(12*2)+3\\\\=24+3\\\\=27 feet

Length=27feet\\Width=12 feet

3 0
3 years ago
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