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3 years ago

Joan invests $800 at 12 1/2% per annum compound interest monthly.What is the amount of interest at the end of the first year?

Mathematics

1 answer:

amm18123 years ago

4 0

Answer:

Interest at the end of the first year is $105.93

Step-by-step explanation:

$800 at 12.5% APR compounded monthly.

Interest at the end of the year

= $800 *( (1+0.125/12)^12 - 1 )

= $800 * 0.132416

= $105.93

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3 years ago

QUESTION 1 Provide an appropriate response. Compute the standardized test statistic, X 2 , to test the claim σ 2 ≥ 12.6 if n = 1

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Answer: 11.667

Step-by-step explanation:

The formula to find the test statistic for chi-square test is given by :-

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Then , the standardized test statistic will be :-

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3 years ago

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4 years ago

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3 years ago

Write the equation for a parabola with a focus at (2, 2) and a directrix at x = 8.

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Let P(x,y) be a point on the parabola. The definition of a parabola is the squared distance from P to focus F(2,2) equals the squared distance to the directrix x=8.

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3 years ago