Given:
Wang Yong owes the bank $8500. He pays back a fixed amount each month. After 12 months, he still has to pay off $6460.
To Find:
The amount of money he pays the bank every month and how long it will take him to pay off the full debt.
Answer:
Wang Yong pays $170 each month, and doing so, it will take him a total time of 50 months to pay off the full debt.
Step-by-step explanation:
Wang Yong has borrows $8500 according to the question.
Say he pays the bank an amount of x every month, which is fixed. After 12 months, he still has to pay $6460.
In 12 months, he would have paid the bank 12x.
But $6460 is still left out of the original $8500.
This means,
That is, Wang Yong pays the bank $170 every month.
Next, to calculate the amount of time it took Wang Yong to pay back his whole debt, we divide the total sum of money owed to the bank by the amount Wang Yong pays each month.
So, number of months = 8500 ÷ 170 = 50
That is, Wang Yong will pay off his debt 50 months after borrowing the money from the bank, provided he pays back $170 every month.
Answer:
6x
Explanation:
A number is x. 6 x x is written as 6x
Answer:
sometimes
Step-by-step explanation:
Answer:
A.)
H0: μ ≤ 31
H1: μ > 31
B.)
H0: μ ≥ 16
H1: μ < 16
C.)
Right tailed test
D.)
If Pvalue is less than or equal to α ; we reject the Null
Step-by-step explanation:
The significance level , α = 0.01
The Pvalue = 0.0264
The decision region :
Reject the null if :
Pvalue < α
0.0264 > 0.01
Since Pvalue is greater than α ; then, we fail to reject the Null ;
Then there is no significant evidence that the mean graduate age is more Than 31.
B.)
H0: μ ≥ 16
H1: μ < 16
Null Fluid contains 16
Alternative hypothesis, fluid contains less than 16
One sample t - test
C.)
Null hypothesis :
H0 : μ ≤ 12
. The direction of the sign in the alternative hypothesis signifies the type of test or tht opposite direction of the sign in the null hypothesis.
Hence, this is a right tailed test ; Alternative hypothesis, H1 : μ > 12
d.)
If Pvalue is less than or equal to α ; we reject the Null.
Answer:
3
Step-by-step explanation: