We need to compute the exact number of days of the loan.
Given:
Loan: 1,870
rate: 11%
term: Oct. 5 to Jan 16.
Oct 5-Oct 31: 26 days
Nov: 30 days
Dec: 31 days
Jan 16: 16 days.
total number of days: 103 days.
Interest = Principal * rate * term
Interest = 1870 * 0.11 * 103/365
Interest = 58.05
Given:
Promissory note $5,380
rate 6.2%
term: July 15 to Dec. 28
July 15 - 31 = 16 days
August: 31 days
September: 30 days
October: 31 days:
November: 30 days
December: 28 days
Total number of days is 166 days
Interest = Principal * rate * term
Interest = 5,380 * 0.062 * 166/365
Interest = 151.70
Answer:
the answer for this question is
A(-3,0)
Take a pencil put it on the paper then make sure the ink is on the paper then write
Answer:
99/130 is an answer for this
Answer:
The distribution with n = 225 will give a smaller standard error.
Since sigma x = sigma/√n, dividing by the square root of 225 will result in a small standard error regardless of the value of sigma.
Step-by-step explanation:
Standard error is given by standard deviation (sigma) divided by square root of sample size (√n).
The distribution with n = 225 would give a smaller standard error because the square root of 225 is 15. The inverse of 15 multiplied by sigma is approximately 0.07sigma which is smaller compared to the distribution n = 100. Square of 100 is 10, inverse of 10 multiplied by sigma is 0.1sigma.
0.07sigma is smaller than 0.1sigma
