Answer:
Interest rate, R = 244%
Step-by-step explanation:
Given the following data;
Principal = $270
Simple interest = future amount - principal = 309.60 - 270 = $39.60
Time = 22/360 = 0.06 years
To find the interest rate?
Mathematically, simple interest is calculated using this formula;
Where;
Substituting into the equation, we have;
Cross-multiplying, we have;
<em>Interest rate, R = 244.44 ≈ 244%</em>
<em>Therefore, the pawnbroker charged Elisa a simple interest rate of 244%.</em>
Answer:
<em>The prediction interval provides an interval estimation for a particular value of y while the confidence interval does it for the expected value of y. </em>
Step-by-step explanation:
<em>A</em><em>. the prediction interval is narrower than the confidence interval.</em>
the prediction interval is always wider than the confidence interval.
<em>B</em><em>. the prediction interval provides an interval estimation for the expected value of y while the confidence interval does it for a particular value of y.</em>
False
<em>C</em><em>. the prediction interval provides an interval estimation for a particular value of y while the confidence interval does it for the expected value of y. </em>
<em>True</em>
<em>D.</em><em> the confidence interval is wider than the prediction interval.</em>
the prediction interval is wider
3.66666666 but u can round it to the third place
3 + 3 + 1 = 7
3 + 3 are the double ones
+1
=7
Answer:
yes
Step-by-step explanation:
