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mojhsa [17]
3 years ago
11

ryan has a $3000 bond with a 6% coupon. how much interest will ryan recieve for this bond every 6 months?

Mathematics
2 answers:
lidiya [134]3 years ago
8 0

Answer:

<h3>$90 interest will Ryan receive for this bond every 6 months.</h3>

Step-by-step explanation:

We are given that Ryan has total bond of amount $3000.

Rate of interest = 6% per annul.

Time = 6 month = \frac{1}{2} of a year.

Formula of simple interest = PRT, where P is the bond amount, R is the rate of interest per year and T is the time in years.

Plugging values P= 3000, R= 6% = 0.06 and T= \frac{1}{2} in above formula, we get

I = 30000×0.06 ×\frac{1}{2}

I= 90.

<h3>Therefore, $90 interest will Ryan receive for this bond every 6 months.</h3>
swat323 years ago
3 0

Answer:

$90.00

Step-by-step explanation:

a.p.e.x

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10. In a survey of 212 people at the local track and field championship, 72% favored the home team
igomit [66]

Answer:

a. The margin of error for the survey is of 0.0308 = 3.08%.

b. The 95% confidence interval that is likely to contain the exact percent of all people who favor the home team winning is (65.96%, 78.04%).

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of \pi, and a confidence level of 1-\alpha, we have the following confidence interval of proportions.

\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}

In which

z is the z-score that has a p-value of 1 - \frac{\alpha}{2}.

The margin of error of the survey is:

M = \sqrt{\frac{\pi(1-\pi)}{n}}

The confidence interval can be written as:

\pi \pm zM

In a survey of 212 people at the local track and field championship, 72% favored the home team winning.

This means that n = 212, \pi = 0.72

a. Find the margin of error for the survey.

M = \sqrt{\frac{0.72*0.28}{212}} = 0.0308

The margin of error for the survey is of 0.0308 = 3.08%.

b. Give the 95% confidence interval that is likely to contain the exact percent of all people who favor the home team winning.

95% confidence level

So \alpha = 0.05, z is the value of Z that has a p-value of 1 - \frac{0.05}{2} = 0.975, so Z = 1.96.

Lower bound:

\pi - zM = 0.72 - 1.96*0.0308 = 0.6596

Upper bound:

\pi + zM = 0.72 + 1.96*0.0308 = 0.7804

As percent:

0.6596*100% = 65.96%

0.7804*100% = 78.04%.

The 95% confidence interval that is likely to contain the exact percent of all people who favor the home team winning is (65.96%, 78.04%).

7 0
3 years ago
What does this equal?? Order of operations with integers
wolverine [178]
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3 years ago
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Answer:

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Answer:

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Step-by-step explanation:

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