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My name is Ann [436]
3 years ago
15

osiah invests $360 into an account that accrues 3% interest annually. Assuming no deposits or withdrawals are made, which equati

on represents the amount of money in Josiah’s account, y, after x years? y = 360(1.3)x y = 360(0.3)x y = 360(0.03)x y = 360(1.03)x
Mathematics
1 answer:
sammy [17]3 years ago
4 0

The standard compound interest formula is

Future value after x years with an annual interest of i

=Present Value (1+i)^x [which is an exponential function]

for given present value of $360. interest=0.03 (3%) and a total of x years, above equation reduces to

Future value after x years

=360(1.03^x)


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What is the mean of the numbers?
velikii [3]

Answer:

1.6666666666666...

Step-by-step explanation:

10/6=5/3=1.6666666...

6 0
3 years ago
What is the sum of all of the perfect squares between
Nonamiya [84]

Answer:

(-138) is the answer.

Step-by-step explanation:

Perfect square numbers between 15 and 25 inclusive are 16 and 25.

Sum of perfect square numbers 16 and 25 = 16 + 25 = 41

Sum of the remaining numbers between 15 and 25 inclusive means sum of the numbers from 17 to 24 plus 15.

Since sum of an arithmetic progression is defined by the expression

S_{n}=\frac{n}{2}[2a+(n-1)d]

Where n = number of terms

a = first term of the sequence

d = common difference

S_{8}=\frac{8}{2} [2\times 17+(8-1)\times 1]

   = 4(34 + 7)

   = 164

Sum of 15 + S_{8} = 15 + 164 = 179

Now the difference between 41 and sum of perfect squares between 15 and 25 inclusive = 41-179

= -138

Therefore, answer is (-138).

7 0
3 years ago
An important factor in selling a residential property is the number of times real estate, agents show a home. A sample of 21 hom
Natalka [10]

Using the t-distribution to build the 99% confidence interval, it is found that:

  • The margin of error is of 3.64.
  • The 99% confidence interval for the population mean is (19.36, 26.64).

<h3>What is a t-distribution confidence interval?</h3>

The confidence interval is:

\overline{x} \pm t\frac{s}{\sqrt{n}}

In which:

  • \overline{x} is the sample mean.
  • t is the critical value.
  • n is the sample size.
  • s is the standard deviation for the sample.

The critical value, using a t-distribution calculator, for a two-tailed 95% confidence interval, with 21 - 1 = 20 df, is t = 2.086.

The other parameters are given as follows:

\overline{x} = 23, s = 8, n = 21

The margin of error is given by:

M = t\frac{s}{\sqrt{n}} = 2.086\frac{8}{\sqrt{21}} = 3.64

Hence the bounds of the interval are:

\overline{x} - M = 23 - 3.64 = 19.36

\overline{x} + M = 23 + 3.64 = 26.64

The 99% confidence interval for the population mean is (19.36, 26.64).

More can be learned about the t-distribution at brainly.com/question/16162795

#SPJ1

7 0
2 years ago
If edging cost $2.32 per 12-inch stone, and you want a double layer of edging around your flower bed that is 6 yards by 1 yard.
aksik [14]
12 inches = 1foot
1yard = 3feet
6yards = 18feet
Rerange the question:
If edging cost $2.32 per 1foot stone, and you want a double layer of edging around your flower bed that is 18feet by 3feet. How much will edging you flower bed cost?
Perimter:
2(18+3)=42
And since you want to double it; double the perimeter too.
42(2)=84

2.32(84)=194.88
7 0
3 years ago
Read 2 more answers
3. If a customer has $50.00 to spend, for how many hours can they rent the bicycle?
olya-2409 [2.1K]

Answer:

4 hours

Step-by-step explanation:

Alright, so Steve has $50 in his pocket. He wants to rent a bike for the maximum amount of time possible with his money. It costs him $12 per hour to rent a bike.

To solve this problem use simple arithmetic:

($50/$12=4.16)

So Steve is able to rent the bike for 4.16 hours, but we aren't done yet. Steve cannot purchase 16% of an hour, he can only buy FULL hours, so with his $50 , the maximum amount of time he can buy is 4 hours!

Let me know if you need any further explanations :)

7 0
3 years ago
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