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3 years ago

How much simple interest is earned on $2500 in 6 years at an annual interest rate of 2.25

Mathematics

1 answer:

Vesna [10]3 years ago

4 0

$2,500x2.25%=$56.25

$56.25x6years= $337.50

$2,500+$337.50=$2,837.50

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3 years ago

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Answer:

Step-by-step explanation:

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3 years ago

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3 years ago

Assume that women's heights are normally distributed with a mean given by mu equals 62.5 in, and a standard deviation given by

kirza4 [7]

Answer: a) The probability is approximately = 0.5793

b) The probability is approximately=0.8810

Step-by-step explanation:

Given : Mean : $\mu= 62.5\text{ in}$

Standard deviation : $\sigma = \text{2.5 in}$

a) The formula for z -score :

$z=\dfrac{x-\mu}{\dfrac{\sigma}{\sqrt{n}}}$

Sample size = 1

For x= 63 in. ,

$z=\dfrac{63-62.5}{\dfrac{2.5}{\sqrt{1}}}=0.2$

The p-value = $P(z$

$0.5792597\approx0.5793$

Thus, the probability is approximately = 0.5793

b) Sample size = 35

For x= 63 ,

$z=\dfrac{63-62.5}{\dfrac{2.5}{\sqrt{35}}}\approx1.18$

The p-value = $P(z$

$= 0.8809999\approx0.8810$

Thus , the probability is approximately=0.8810.

6 0

4 years ago