Answer:
$149.66
Step-by-step explanation:
Step 1
Calculate Total Amount payable to the bank using compound interest
Total Amount payable (A) =
P(1 + r/n)^nt
P = Principal = $2000
r = Interest rate = 9% = 0.09
n = compounding interest = quarterly = 4
t = time in years = 2
Total Amount payable
= 2000(1 + 0.09/4)^0.09 × 2
A = $ 2,389.66
Interest = A - Principal
= $ 2,389.66 - $ 2,000.00
I (interest) = $ 389.66
Step 2
Calculate the Total amount payable to his uncle using simple interest.
Total Amount (A) = P(1 + rt)
P = Principal = $2000
r = Interest rate = 6% = 0.06
t = time in years = 2
A = 2000(1 + 0.06 × 2)
A = $2,240
A - Principal
= $ 2,240 - $ 2,000.
I (interest) = $240
Step 3
The amount of money you will save by borrowing the money from your uncle is calculated as:
Amount payable to the bank - Amount payable to your uncle
= $ 2,389.66 - $2,240
= $149.66
Therefore, the amount of money you will save by borrowing the money from your uncle is $149.66
Answer:
The value of nx is the ratio of the transformed x-coordinates to the original x-coordinates in each horizontal stretch. The value of ny is the ratio of the transformed y-coordinates to the original y-coordinates in each vertical stretch.
Step-by-step explanation:
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Rotation turns dilation shrinks
Answer:
(a) There are outliers
(b) and
Step-by-step explanation:
Given
Solving (a): Check for outliers
This is calculated using:
--- lower bound of outlier
--- upper bound of outlier
Where
So, we have:
The lower bound of outlier becomes
The upper bound of outlier becomes
So, we have:
--- the range without outlier
Given that:
--- This represents the lowest data
--- This represents the highest data
-24 and 64 are out of range of .
Hence, there are outliers
Solving (b): The outliers
The outliers are data less than the lower bound (i.e. less than -14) or greater than the upper bound (i.e. 62)
So, the outliers are:
and
Answer:
8244
Step-by-step explanation: