A bank withdrawal of $50 is a reasonable amount for the average American person.
Answer:
<em>Correct choice: C. $320</em>
Step-by-step explanation:
<u>Simple Interest</u>
Definition: Interest calculated on the original principal only of a loan or on the balance of an account.
Unlike compound interest where the interest earned in the compounding periods is added to the new principal, simple interest only considers the principal to calculate the interest.
The interest earned is calculated as follows:
I=P.r.t
Where:
I = Interest
P = initial principal balance
r = interest rate
t = time
Marving is saving money in a savings account with a simple interest rate of r=7.5%=0.075. It's known that after t=12 years, the account had earned $288 interest. Substituting in the formula:
288 = P*0.075*12
Calculating:
288 = 0.9P
Dividing by 0.9:
P = $320
Correct choice: C. $320
Hello. To answer this questions, we need to remember some properties about fractions and equivalences.
Starting by the question 9:
Call the population 5 years ago by P. If the population has decreased 12000 in these 5 years and this represents a decrease of 3%, so it means the new population is 0.97P.
With this, we can make the following equation:
P - 12000 = 0.97P
Subtract 0.97P and sum 12000 in both sides of the equation
0.03P = 12000
Divide both sides of the equation by a factor of 0.03
P = 3600000
Answer:
2
Step-by-step explanation:
m is the slope = rise/run
take any 2 easi points on the line, for example (0,0) and (1,2)
to get from (0,0) to (1,2) you had to rise 2 and go run 1 so the slope is
m=2/1=2
Answer:
a) Continuous
b) Continuous
c) Discrete
d) Continuous
e) Discrete
Step-by-step explanation:
Discrete variable
Discrete variables are numerical variables that have a countable number of values between any two values. A discrete variable is always numerical. For example, the number of people with blood type Upper A in a random sample of 42 people.
Continuous variable
Continuous variables are numerical variables that have an infinite number of values between any two values. A continuous variable can be numeric or date / time. For example, the time it takes to fly from City Upper A to City Upper B.