Answer:
<em>Avram will have to pay $7,047 simple interest</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=A.r.t
Where:
I = Interest
P = initial principal balance
r = interest rate
t = time
Avram has a principal of P=$14,500 at a simple rate of r=5.4%=0.054 for t=9 years, thus:
I=14,500*0.054*9=7,047
I=$7,047
Avram will have to pay $7,047 simple interest
The 95% margin of error simony states that there is a 95% probability that the confidence interval contains the true population mean.
<h3>What is a margin of error?</h3>
It should be noted that the margin of error simply means a measurement that accounts for the difference between the actual result and the projected result in a survey sample.
In this case, the 95% margin of error simply states that there is a 95% probability that the confidence interval contains the true population mean. This is the radius of the 95% confidence interval.
Learn more about margin of error on:
brainly.com/question/27909412
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Answer:
6ft by 15ft
Step-by-step explanation:
just divide each number by two and add it to the origanal number.
Answer:
Definition and Equation
This form of the equation of a line is called the slope-intercept form. The y-intercept of a line (b), is the y-coordinate of the point where the graph of the line crosses the y-axis. As we have seen in the Wild About Cupcakes example, it is the value of y when x = 0.
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Step-by-step explanation:
R' = (-2,0)
E' = (-2,2)
F' = (4,4)