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katrin2010 [14]
4 years ago
15

Using the Avalanche Method and the following debt, how much of the monthly $700 should be paid to Creditor #3?

Mathematics
1 answer:
Zanzabum4 years ago
3 0
Creditor 3 should receive only the minimum payment of $25. In the avalanche method, the debtor pays only the minimum payments, then pays the rest of their money to the creditor with the highest interest rate. Creditor 2 has the highest interest rate.
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Write a function rule for each table.
Sergeu [11.5K]

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4 years ago
When Belinda asked him to what pages his book was opened, he replied that the product of the facing pages was 87,912. To what pa
Liono4ka [1.6K]

Answer:

His book was opened at Page no.296 and Page no.297

Step-by-step explanation:

Let the page number of one page be x

Page number of page facing page no. x = x+1

We are given that the product of the facing pages was 87,912.

So, x(x+1)=87912

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5 0
3 years ago
(1 point) The shelf life of a battery produced by one major company is known to be normally distributed with a mean life of 3 ye
NeX [460]

Answer:

z=-0.994

And if we solve for a we got

a=3 -0.994*0.4=2.6024

So the value of height that separates the bottom 16% of data from the top 84% is 2.6024 years

The answer rounded would be 2.6 years approximately  

Step-by-step explanation:

Previous concepts

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".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".  

Solution to the problem

Let X the random variable that represent the shelf life of a population, and for this case we know the distribution for X is given by:

X \sim N(3,0.4)  

Where \mu=3 and \sigma=0.4

For this part we want to find a value a, such that we satisfy this condition:

P(X>a)=0.84   (a)

P(X   (b)

Both conditions are equivalent on this case. We can use the z score again in order to find the value a.  

As we can see on the figure attached the z value that satisfy the condition with 0.16 of the area on the left and 0.84 of the area on the right it's z=-0.994. On this case P(Z<-0.994)=0.16 and P(z>-0.994)=0.84

If we use condition (b) from previous we have this:

P(X  

P(z

But we know which value of z satisfy the previous equation so then we can do this:

z=-0.994

And if we solve for a we got

a=3 -0.994*0.4=2.6024

So the value of height that separates the bottom 16% of data from the top 84% is 2.6024 years

The answer rounded would be 2.6 years approximately  

8 0
4 years ago
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