A = $2,861.60
I = A - P = $2,361.60
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 26.24%/100 = 0.2624 per year.
Solving our equation:
A = 500(1 + (0.2624 × 18)) = 2861.6
A = $2,861.60
The total amount accrued, principal plus interest, from simple interest on a principal of $500.00 at a rate of 26.24% per year for 18 years is $2,861.60.
The answer to the question
Answer: (13.4996, 32.5004)
Step-by-step explanation:
The confidence interval for mean difference is given by :-
,
where
= sample mean difference .
= critical t value (two-tailed)
SE= Standard error.
Given :
![t^*=2.262](https://tex.z-dn.net/?f=t%5E%2A%3D2.262)
SE= 4.2
Now, the confidence interval for mean difference will be :-
Hence, the required confidence interval : (13.4996, 32.5004)
Answer:
44
Step-by-step explanation:
if she had 10 left at the end and you add the other half from lunch which is 12, then that gives you 22. Since before lunch she had half (22), all you gotta do is add the other half which is 22. 22+22=44 and that's your answer.
Answer:
- $70
- y = 25 + 0.9x
- $250
Step-by-step explanation:
1. 10% of $50 is $5, so the purchases would come to $50 -5 = $45. Added to the $25 membership fee, the total cost for the year would be
$45 +25 = $70
2. The member pays $25 even if no purchases are made. Then any purchases are 100% - 10% = 90% of the marked price. So, the total is ...
y = 25 + 0.90x
3. $25 is 10% of $250, so that is the amount the member would have to purchase to break even on cost.
If you like, you can compare the cost without the membership (x) to the cost with the membership (25+.9x) and see where those costs are equal.
x = 25 +0.9x . . . . . x is the spending level at which there is no advantage
0.1x = 25 . . . . . . . . subtract 0.9x
25/0.1 = x = 250 . . . divide by 0.1