Answer:
0.09
Step-by-step explanation:
hope it helps thank you
Answer:
The amount in the account in the beginning of the 6th year is $6375 .
Step-by-step explanation:
Formula
![Simple\ interest = \frac{Principle\times Rate\ times Time}{100}](https://tex.z-dn.net/?f=Simple%5C%20interest%20%3D%20%5Cfrac%7BPrinciple%5Ctimes%20Rate%5C%20times%20Time%7D%7B100%7D)
As given
You invest $5000 in an account at 5.5% per year simple interest.
Principle = $ 5000
Rate = 5.5 %
Time = 5 years
(As calculate amount in the account for beginning of 6th year.)
Putting all the values in the formula
![Simple\ interest = \frac{5000\times 5.5\times 5}{100}](https://tex.z-dn.net/?f=Simple%5C%20interest%20%3D%20%5Cfrac%7B5000%5Ctimes%205.5%5Ctimes%205%7D%7B100%7D)
![Simple\ interest = 50\times 5.5\times 5](https://tex.z-dn.net/?f=Simple%5C%20interest%20%3D%2050%5Ctimes%205.5%5Ctimes%205)
Simple interest = $ 1375
Amount = Principle + Simple interest
Putting values in the above formula
Amount = $5000 + $1375
Amount = $ 6375
Therefore the amount in the account in the beginning of the 6th year is $ 6375 .
Answer:
the point is D
Step-by-step explanation:
brainliest plz
Answer:
O -1+ 3/
Step-by-step explanation:
brainest plz
Answer:
Z=2.36
P=0.0091
Step-by-step explanation:
The hypothesis is:
π > 0.55 which is the population proportion
The formula to get the test statistic is
Zstat = P-π/√π(1-π)/n
P =507.4/860 = 0.59 (sample proportion )
n =860 (sample size)
π =0.55(population porportion)
Zstat = 0.59-0.55/√0.55(1-0.55)/860
Zstat =2.36
From Z table the probability of Z score of 2.36 is 0.9909
To calculate for P- value will then be
P= 1 - 0.9909
P= 0.0091