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telo118 [61]
3 years ago
13

Jeffersonville Bank is offering it's customers a record 3.4% compound interest on new savings accounts. Mr. Kirks opens an accou

nt with $2,100. How much will his balance be after 3 years?
Mathematics
1 answer:
slega [8]3 years ago
6 0
The answer to ur question is $2171.40. to find the answer out you would divide 2,100 by 100 then multiply that by 3.4 and ur answer would be 71.4 and jus add that to his total and u have ur answer
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A business major wants to determine whether the variation in advertising costs of hair salons is different from the variation in
olchik [2.2K]

Answer:

Test value = 3.49

Step-by-step explanation:

We are given the following in the question:

S_1 = \$ 23, n_1 = 12\\S_2 = \$ 43, n_2 = 8

Alpha, α = 0.05

First, we design the null and the alternate hypothesis

H_{0}: \sigma_1^2 = \sigma_2^2\\H_A: \sigma_1^2 \neq \sigma_2^2

We use F-test to determine the difference in variation between the two samples.

Formula:

F_{stat} = \displaystyle\frac{S_2^2}{S_1^2}\\\\(As ~S_2 > S_1)

Putting all the values, we have

F_{stat} = \displaystyle\frac{1849}{529} = 3.49

Now, F_{critical} \text{ at 0.05 level of significance, degree of freedom(8-1,12-1)} = 3.01

Comparison:    

F_{stat} > F_{critical}

We reject the null hypothesis and accept  the alternate hypothesis.

Thus, there is  variation in advertising cost of salon and the advertising cost of nails.  

8 0
3 years ago
2. What is the quotient of 1.02 X 103 and<br> 2 x 10-4?
ICE Princess25 [194]

Answer:

1.02*103= 13.06 and 2x10-4=16

Step-by-step explanation:

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5 0
2 years ago
Given y=3x-7. When x = 0 what is the value of y
MissTica

Answer:

-7

Step-by-step explanation:

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x=0 ⇒ y= 3*0-7= -7

7 0
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The quotient of 14 and 7
stepladder [879]
2 is the answer as ‘quotient’ means the number divided by the other number.
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The standard form: Ax + By = C


y = 90 - 15x     <em>add 15x to both sides</em>

<h3>15x + y = 90</h3>
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