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Andrew [12]
3 years ago
15

If you charge $2,000 on a credit card today, how much will the

Mathematics
1 answer:
svet-max [94.6K]3 years ago
5 0

Answer:

$5,674.30

Step-by-step explanation:

Use the Compound Amount formula:

A = P(1 + r/n)^(n*t), where r = APR as a decimal fraction = 0.1499

and n = 12 (compounded monthly).

Then A = $2,000(1 + 0.1499/12) )^(7*12)

             =  $2,000(1 +  0.0125)^84

              = $2,000(1.0125)^84 = $2,000(2.837) = $5,674.30

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The length of time a person takes to decide which shoes to purchase is normally distributed with a mean of 8.21 minutes and a st
MaRussiya [10]

Correct answer is: P(x<6) is 0.123 and it is usual.

Solution:-

Given that the time a person takes to decide which shoes to purchase follows normal distribution. Which has mean = 8.21 minutes and standard deviation 1.90

Then probability of individual takes less than 6 minutes is

P(X<6) = P(z

           = P(z

           = 0.1230

Typically we say an event with a probability less than 5% is unusual.

But here P(X<6) = 0.123 is greater than 5% hence this is usual.

4 0
3 years ago
What is the solution to this system of equations?
maksim [4K]

Answer:x=3 y=1/2

Step-by-step explanation:

x+2y=4

2x-2y=5

Add both equations together

x+2x+2y-2y=4+5

3x+0=9

3x=9

Divide both sides by 3

3x/3=9/3

x=3

Substitute x=3 in x+2y=4

x+2y=4

3+2y=4

Collect like terms

2y=4-3

2y=1

Divide both sides by 2

2y/2=1/2

y=1/2

8 0
3 years ago
Extreme cold and hot temperatures are known to affect the operation of electronic components. Winter is approaching and you are
Musya8 [376]

Answer:

A 95% confidence interval for the true mean minimum temperature that will damage an iPod is between 2.55°F and 7.45°F

Test statistic(Z) = 2.31

P-value = 0.0104

Step-by-step explanation:

Step 1

Null hypothesis: The average damaging temperature of nine iPods is 5°F

Alternate hypothesis: The average damaging temperature of nine iPods differs from 5°F

Step 2

Mean=5°F, Sd=3, df=n-1=9-1=8

The t-value corresponding to 8 degrees of freedom and 95% confidence level (5% significance level) is 2.306

Confidence Interval(CI) = (mean + or - t×sd/√n)

CI = (5 + 2.306×3/√8) = 5 + 6.918/2.828= 5+2.45=7.45°F

CI = (5 - 2.306×3/√8) = 5-2.45 = 2.55°F

Z = (sample mean - population mean)/(sd÷√n) = (5-2.55)/(3÷√8) = 2.45/1.061 = 2.31

Step 3

Using the standard distribution table, the cumulative area to the left of Z = 2.31 is 0.9896

P-value = 1 - 0.9896 = 0.0104

Step 4

Conclusion: A 95% confidence interval for the true mean minimum temperature that will damage an iPod is between 2.55°F and 7.45°F

7 0
3 years ago
Deepak is using blocks to represent the four operation on 8 and 2 witch operation will require the greatest number of blocks
Vadim26 [7]

Answer:

18

Step-by-step explanation:

8 0
3 years ago
357288737773*34616 please help me
Oliga [24]

Answer:

12367906946750168

Step-by-step explanation:

8 0
3 years ago
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