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horrorfan [7]
3 years ago
8

Suppose Johnny invests $41,745 into an account, which has been earning interest for many years and he now has a total of $39,974

. In two or more sentences explain why a negative number would/wouldn’t be reasonable in the solution of the rate of the investment.
Mathematics
2 answers:
fgiga [73]3 years ago
8 0

Answer:

A negative number wouldn’t be reasonable in the solution of the rate of the investment.

Step-by-step explanation:

Suppose Johnny invests $41,745 into an account, which has been earning interest for many years. The simple interest formula is:-

Simple Interest = $41745 x Rate x Time

We know Rate > 0 and Time > 0. It means Simple interest > 0.

<u>So the interest part could not be negative.</u>

Given that he now has a total of $39,974. So the interest part = $39,974 - $41,745 = -$1,771. It means he got the negative interest which is not reasonable.

Hence, a negative number wouldn’t be reasonable in the solution of the rate of the investment.

cupoosta [38]3 years ago
7 0
A negative number wouldn't be reasonable in investments because when you invest you are adding money to something. If you invest you aren't removing anything so there can't be negative numbers.
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If you look up "angles of 7 sided polygon" it would give a result of how many degrees polygons with 7 sides such as this one above would equal to. It's important to know that when finding x angles within.

7-sided polygons = 900 degrees in total

Since all the other angles except x are given, we can add all those up and set it equal to 900. So it would look like this:

139+121+125+126+158+120+x=900

Simply solve for x now.

139+121+125+126+158+120+x=900\\ \\ 789+x=900\\ \\ x=900-789=111

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Hope this helps!

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Choose the correct simplification.
iren [92.7K]

Answer:

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Step-by-step explanation:

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3 years ago
A simple random sample was taken of 44 water bottles from a bottling plant’s warehouse. The dissolvedoxygen content (in mg/L) wa
AleksAgata [21]

Answer:

a)9.14-2.33\frac{2}{\sqrt{44}}=8.44    

9.14+2.33\frac{2}{\sqrt{44}}=9.84    

b) The 98% confidence interval would be given by (8.44;9.84)    

For this case we can conclude that we have 98% of confidence that the true mean for the oxygen content is between 8.44 and 9.84 mg/L

Step-by-step explanation:

Previous concepts

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".

The margin of error is the range of values below and above the sample statistic in a confidence interval.

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

\bar X=9.14 represent the sample mean for the sample  

\mu population mean (variable of interest)

\sigma=2 represent the population standard deviation

n=44 represent the sample size  

Part a

The confidence interval for the mean is given by the following formula:

\bar X \pm z_{\alpha/2}\frac{\sigma}{\sqrt{n}}   (1)

In order to calculate the critical value t_{\alpha/2} we need to find first the degrees of freedom, given by:

df=n-1=18-1=17

Since the Confidence is 0.98 or 98%, the value of \alpha=0.01 and \alpha/2 =0.01, and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-NORM.INV(0.01,0,1)".And we see that z_{\alpha/2}=2.33

Now we have everything in order to replace into formula (1):

9.14-2.33\frac{2}{\sqrt{44}}=8.44    

9.14+2.33\frac{2}{\sqrt{44}}=9.84    

Part b

The 98% confidence interval would be given by (8.44;9.84)    

For this case we can conclude that we have 98% of confidence that the true mean for the oxygen content is between 8.44 and 9.84 mg/L

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