Answer:
The sale price will be: $215.10
Step-by-step explanation:
We know that:
Sale price = Regular price × (100% - Discount %)
= Regular price × (100% - 10%)
= 239 × 90%
= 239 × 0.9
= 215. 10 $
Therefore, the sale price will be: $215. 10
Try this: Principal times (1+interest rate as a decimal fraction)^(number of yrs)
In this case, Principal = $28,000; interest rate = -0.25; # of years = 1
So Decrease in value = $28,000 (0.75)^1 = $21,000.
Answer:
E) we will use t- distribution because is un-known,n<30
the confidence interval is (0.0338,0.0392)
Step-by-step explanation:
<u>Step:-1</u>
Given sample size is n = 23<30 mortgage institutions
The mean interest rate 'x' = 0.0365
The standard deviation 'S' = 0.0046
the degree of freedom = n-1 = 23-1=22
99% of confidence intervals
(from tabulated value).





using calculator

Confidence interval is


the mean value is lies between in this confidence interval
(0.0338,0.0392).
<u>Answer:-</u>
<u>using t- distribution because is unknown,n<30,and the interest rates are not normally distributed.</u>