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larisa86 [58]
3 years ago
9

Suppose you deposit ​$2,000 in a savings account that pays interest at an annual rate of 4​%. If no money is added or withdrawn

from the​ account, answer the following questions.
a. How much will be in the account after 3 ​years?
b. How much will be in the account after 17 ​years?
c. How many years will it take for the account to contain ​$2,500​?
d. How many years will it take for the account to contain ​$3,000​?
Mathematics
1 answer:
777dan777 [17]3 years ago
3 0
Is this Compount or Intrest?

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Which of the following correctly completes the square for the equation below?
erastova [34]
The answer is :

c. (x+1)²=20

To check:
(x+1)²=20                          (a+b)²=a²+2ab+b²
x²+2x+1=20
x²+2x=20-1
x²+2x=19
3 0
3 years ago
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Nicole sold 2 times more t-shirts than
Pachacha [2.7K]

Answer:

54

Step-by-step explanation:

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2 years ago
A wire 31ft long is stretched from the top of a flagpole to the ground at a point of a flagpole to the ground at a point 15ft fr
Nat2105 [25]

Answer:the height of the flagpole is 27.12 ft

Step-by-step explanation:

The wire makes an angle with the ground and forms a right angle triangle with the flag pole. The length of the wire represents the hypotenuse of the right angle triangle. The height of the flag pole and the ground distance from the wire represents the adjacent and opposite sides respectively.

To determine the height of the flagpole, x we would apply Pythagoras theorem which is expressed as

Hypotenuse² = opposite side² + adjacent side²

31² = x² + 15²

x² = 961 - 225 = 736

x = √736. = 27.12 ft

8 0
3 years ago
They estimate that their current (older) fridge, which they got for free, costs them about $17 a month in electricity charges to
Eddi Din [679]

Step-by-step explanation:

Step one:

given

current (older) fridge

electricity charges= $17 monthly

maintenance costs= $220

let the number of months be x

and the total cost be yo

the expression for the cost for the old fridge is

yo=220+17x---------1

New  fridge

electricity charges= $6 monthly

costs=  $1,050

let the number of months be x

and the total cost be yn

the expression for the cost for the old fridge is

yn= 1050+6x---------2

Hence the system of equation for the situation is

yo=220+17x---------1

yn= 1050+6x---------2

Step two

for 10 years there are 12*10= 120 months

put x= 120 in both expressions and compare the total

yo=220+17(120)---------1

yo=220+2040

yo=$2,260

yn= 1050+6(120)---------2

yn=1050+720

yn=$1770

<u><em>Based on the analysis it will be less expensive to get the new fridge, hence buying the new fridge is worth it.</em></u>

3 0
3 years ago
A company with a large fleet of cars wants to study the gasoline usage. They check the gasoline usage for 50 company trips chose
Nookie1986 [14]

Answer:

The 95% confidence interval is given by (25.71536 ;28.32464)

And if we need to round we can use the following excel code:

round(lower,2)

[1] 25.72

round(upper,2)

[1] 28.32

And the interval would be (25.72; 28.32)  

Step-by-step explanation:

Notation and definitions  

n=50 represent the sample size  

\bar X= 27.2 represent the sample mean  

s=5.83 represent the sample standard deviation  

m represent the margin of error  

Confidence =88% or 0.88

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".  

The margin of error is the range of values below and above the sample statistic in a confidence interval.  

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".  

Calculate the critical value tc  

In order to find the critical value is important to mention that we don't know about the population standard deviation, so on this case we need to use the t distribution. Since our interval is at 88% of confidence, our significance level would be given by \alpha=1-0.88=0.12 and \alpha/2 =0.06. The degrees of freedom are given by:  

df=n-1=50-1=49  

We can find the critical values in R using the following formulas:  

qt(0.06,49)

[1] -1.582366

qt(1-0.06,49)

[1] 1.582366

The critical value tc=\pm 1.582366  

Calculate the margin of error (m)  

The margin of error for the sample mean is given by this formula:  

m=t_c \frac{s}{\sqrt{n}}  

m=1.582366 \frac{5.83}{\sqrt{50}}=14.613  

With R we can do this:

m=1.582366*(5.83/sqrt(50))

m

[1] 1.304639

Calculate the confidence interval  

The interval for the mean is given by this formula:  

\bar X \pm t_{c} \frac{s}{\sqrt{n}}  

And calculating the limits we got:  

27.02 - 1.582366 \frac{5.83}{\sqrt{50}}=25.715  

27.02 + 1.582366 \frac{5.83}{\sqrt{50}}=28.325

Using R the code is:

lower=27.02-m;lower

[1] 25.71536

upper=27.02+m;upper

[1] 28.32464

The 95% confidence interval is given by (25.71536 ;28.32464)  

And if we need to round we can use the following excel code:

round(lower,2)

[1] 25.72

round(upper,2)

[1] 28.32

And the interval would be (25.72; 28.32)  

6 0
3 years ago
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