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Eva8 [605]
3 years ago
11

To borrow money, you pawn your guitar. based on the value of the guitar, the pawnbroker loans you $840. one month later, you get

the guitar back by paying the pawnbroker $1,472. what annual interest rate did you pay? round to the nearest tenth of a percent.
Mathematics
1 answer:
Zanzabum3 years ago
8 0

It would be: 1472/840 * 100 = 147200/840 = 175.02

So, it is 75.02%

For nearest 10th percent it will be 75%

SO 75% IS YOUR ANSWER

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Step-by-step explanation:

Hello!

You have the following hypothesis:

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Remember: The p-value is defined as the probability corresponding to the calculated statistic if possible under the null hypothesis (i.e. the probability of obtaining a value as extreme as the value of the statistic under the null hypothesis).

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If p-value ≤ α, then you reject the null hypothesis.

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