This graph shows the amount of rain that falls in

3. Bob the Builder wants to earn an annual rate of 10% on his investments,

mamaluj [8]

Answer:

He should pay $2,790.7.

Step-by-step explanation:

This is a simple interest problem.

The simple interest formula is given by:

$E = P*I*t$

In which E is the amount of interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time, in years.

After t years, the total amount of money is:

$T = E + P$

In this question:

Rate of 10%, so I = 0.1.

9 months, so $t = \frac{9}{12} = 0.75$

How much should he pay for a note that will be worth $3,000 in 9 months?

We have to find P for which T = 3000. So

$T = E + P$

$3000 = E + P$

$E = 3000 - P$

Then

$E = P*I*t$

$3000 - P = P*0.1*0.75$

$1.075P = 3000$

$P = \frac{3000}{1.075}$

$P = 2790.7$

He should pay $2,790.7.

8 0

3 years ago

The XO Group Inc. conducted a survey of 13,000 brides and grooms married in the United States and found that the average cost of

slavikrds [6]

Answer:

a) 0.0392

b) 0.4688

c) At least $39,070 to be among the 5% most expensive.

Step-by-step explanation:

Problems of normally distributed samples can be solved using the z-score formula.

In a set with mean $\mu$ and standard deviation $\sigma$ , the zscore of a measure X is given by:

$Z = \frac{X - \mu}{\sigma}$

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

$\mu = 29858, \sigma = 5600$

a. What is the probability that a wedding costs less than $20,000 (to 4 decimals)?

This is the pvalue of Z when X = 20000. So

$Z = \frac{X - \mu}{\sigma}$

$Z = \frac{20000 - 29858}{5600}$

$Z = -1.76$

$Z = -1.76$ has a pvalue of 0.0392.

So this probability is 0.0392.

b. What is the probability that a wedding costs between $20,000 and $30,000 (to 4 decimals)?

This is the pvalue of Z when X = 30000 subtracted by the pvalue of Z when X = 20000.

X = 30000

$Z = \frac{X - \mu}{\sigma}$

$Z = \frac{30000 - 29858}{5600}$

$Z = 0.02$

$Z = 0.02$ has a pvalue of 0.5080.

X = 20000

$Z = \frac{X - \mu}{\sigma}$

$Z = \frac{20000 - 29858}{5600}$

$Z = -1.76$

$Z = -1.76$ has a pvalue of 0.0392.

So this probability is 0.5080 - 0.0392 = 0.4688

c. For a wedding to be among the 5% most expensive, how much would it have to cost (to the nearest whole number)?

This is the value of X when Z has a pvalue of 0.95. So this is X when Z = 1.645.

$Z = \frac{X - \mu}{\sigma}$

$1.645 = \frac{X - 29858}{5600}$

$X - 29858 = 5600*1.645$

$X = 39070$

The wedding would have to cost at least $39,070 to be among the 5% most expensive.

5 0

3 years ago

I need help fast what is 9m−(3+7m) simplified?

iogann1982 [59]

Answer:

Simplifying 9m + -3 + -7m = 0

Reorder the terms: -3 + 9m + -7m = 0

Combine like terms: 9m + -7m = 2m -3 + 2m = 0 Solving -3 + 2m = 0

Solving for variable 'm'. Move all terms containing m to the left, all other terms to the right.

Add '3' to each side of the equation. -3 + 3 + 2m = 0 + 3 Combine like terms: -3 + 3 = 0 0 + 2m = 0 + 3 2m = 0 + 3 Combine like terms: 0 + 3 = 3 2m = 3

Divide each side by '2'. m = 1.5

Step-by-step explanation:

Hope this helps :)

4 0

3 years ago

Paul paid $25.50 for 3 cups of hot chocolate and 4 cups of hot tea. The cost of each cup of tea was 2/3 the cost of each cup of

weqwewe [10]

Answer:

The cost of one cup of hot chocolate is $4.50

Step-by-step explanation:

Let

x ----> the cost of one cup of hot chocolate

y ----> the cost of one cup of hot tea

we know that

3x+4y=25.50 ------> equation A

y=(2/3)x -----> equation B

Solve the system of equations by substitution

substitute equation B in equation A and solve for x

3x+4(2/3)x=25.50

3x+(8/3)x=25.50

(17/3)x=25.50

x=25.50*3/17

x=$4.50

therefore

The cost of one cup of hot chocolate is $4.50

4 0

3 years ago

Read 2 more answers

At president Bush's inauguration in 2005,the newspaper headlines stated there were about 400,00 people in attendance. if the new

Crazy boy [7]

The smallest would have been 35,000. The largest would have been 44,999.

3 0

3 years ago

Read 2 more answers