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azamat
3 years ago
7

Coach Posey has $10,000 to invest. He can go to Bryant Bank that pays 5% simple interest or Hornets Bank that pays 4% interest c

ompounded monthly. If he plans on investing for 12 years, How much will he have if he uses Bryant Bank?
Mathematics
1 answer:
Zinaida [17]3 years ago
5 0
Here's what we know: Coach Posey has $10,000, and will be hypothetically investing in Bryant Bank for 12 years at 5% simple interest.

We can calculate the interest with the formula I = prt, where I is the interest, p is the principal (starting amount), r is the rate, and t is the amount of time.

I = $10,000(0.05)(12)
I = $10,000(0.6)
I = $6,000

He started with $10,000, and earned $6,000 interest, so he has $10,000 + $6,000, or $16,000.

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The human body has a normal temperature of 98.6°F. Doctors will get worried if a sick patient has a temperature that varies from
makvit [3.9K]

Answer:

|T- 98.6| \geq 3

And in order to solve this we have two possibilities:

Solution 1

T -98.6 \leq -3

And solving for T we got:

T \leq 98.6- 3

T\leq 95.6

Solution 2

And the other options would be:

T -98.6 \geq 3

T \geq 101.6

Step-by-step explanation:

For this case we can define the variable os interest T as the real temperature and we know that if we are 3 F more than the value of 98.6 we will be unhealthy so we can set up the following equation:

|T- 98.6| \geq 3

And in order to solve this we have two possibilities:

Solution 1

T -98.6 \leq -3

And solving for T we got:

T \leq 98.6- 3

T\leq 95.6

Solution 2

And the other options would be:

T -98.6 \geq 3

T \geq 101.6

6 0
3 years ago
How do you solve this
mars1129 [50]

Answer:

The inquality is always false i think..

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
The manager of a restaurant determined that the odds against a customer ordering dessert are 11/12 . What is the probability of
Mariulka [41]

Answer:

1 out of 12

Step-by-step explanation:

12-11=1

3 0
2 years ago
In the past, the average age of employees of a large corporation has been 40 years. Recently, the company has been hiring older
Viktor [21]

Answer:

p_v =P(t_{(63)}>2.5)=0.0075  

If we compare the p value and the significance level given \alpha=0.05 we see that p_v so we can conclude that we have enough evidence to fail reject the null hypothesis, so we can conclude that the mean age is significantly higher than 45 years at 5% of significance.  

Step-by-step explanation:

1) Data given and notation  

\bar X=45 represent the mean height for the sample  

s=16 represent the sample standard deviation for the sample  

n=64 sample size  

\mu_o =40 represent the value that we want to test

\alpha=0.05 represent the significance level for the hypothesis test.  

t would represent the statistic (variable of interest)  

p_v represent the p value for the test (variable of interest)  

State the null and alternative hypotheses.  

We need to conduct a hypothesis in order to check if the mean age is higher than 40 years, the system of hypothesis would be:  

Null hypothesis:\mu \leq 40  

Alternative hypothesis:\mu > 40  

If we analyze the size for the sample is < 30 and we don't know the population deviation so is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:  

t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}  (1)  

t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".  

Calculate the statistic

We can replace in formula (1) the info given like this:  

t=\frac{45-40}{\frac{16}{\sqrt{64}}}=2.5    

P-value

The first step is calculate the degrees of freedom, on this case:  

df=n-1=64-1=63  

Since is a one right tailed test the p value would be:  

p_v =P(t_{(63)}>2.5)=0.0075  

Conclusion  

If we compare the p value and the significance level given \alpha=0.05 we see that p_v so we can conclude that we have enough evidence to fail reject the null hypothesis, so we can conclude that the mean age is significantly higher than 45 years at 5% of significance.  

6 0
2 years ago
Help me out, please....
alex41 [277]

Answer:

5 radical 3

Step-by-step explanation:

b = √c2 - a2

= √102 - 52

= √75

= 8.66025 = 5√3

8 0
2 years ago
Read 2 more answers
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