Answer:
6 samples
Step-by-step explanation:
Given :
Sample size, = n
Standard deviation, = 6000
Margin of Error = 2000
Confidence interval, α = 95%
Zcritical at 95% = 1.96
n = (Zcritical * σ) / margin of error
n = (1.96 * 6000) /2000
n = 11760 / 2000
n = 5.88
n = 6 samples
Answer: $2294 should be invested in the simple interest account while $4588 should be invested in the certificate of deposit.
Step-by-step explanation:
Let x represent the amount that he would deposit in the simple interest account.
Let y represent the amount that he would deposit in the certificate of deposit.
she will deposit twice as much in the certificate of deposit. It means that
y = 2x
Interest from the simple interest account would be 7%. This mean that the interest would be 7/100 × x = $0.07x
Interest from the certificate of deposit account would be 5%. This mean that the interest would be 5/100 × y = $0.05y.
The total interest from both accounts would be $390. It means that
0.07x + 0.05y = 390- - - - - - - - - - 1
Substituting y = 2x into equation 1, it becomes
0.07x + 0.05 × 2x = 390
0.07x + 0.1x = 390
0.17x = 390
x = 390/0.17 = $2294
y = 2x = 2 × 2294
y = 4588
Answer:
20%
Step-by-step explanation:
If it's adding to the 4,900 in the bank just add the numbers to 4,900.
After 4 years. 1,176.
Year 1: 294
Year 2: 588
Year 3: 882
Year 4: 1176
Year 5: 1470
Year 6: 1764
1. You have the following information:
<span>
- Maria has 8 1/2 quarts of soil.
- Each pot requires 3/4 quart of soil.
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2. Keeping this on mind, you can convert the mixed number 8 1/2 and the fracion 3/4 to decimals, as below:
8 1/2=8.5 quarts
3/4=0.75 quarts
3. Therefore, you have:
1 pot-----0.75 quarts
x-----8.5 quarts
x=(8.5x1)/0.75
x=11 pots
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For how many pots does Maria have enough soil?
</span>
The answer is: 11 pots
