Look all you have to do is with each question draw a line to the answer I am going to help you. Mark the 3rd question with answer A Mark the second question with b and the first one C I might be wrong with the first one. Hope this helps
Answer:
its d
Step-by-step explanation:
the options can be eliminated by using common sense.
Answer:
Step-by-step explanation:
1
Answer: No, the money won't be enough to buy the car
Step-by-step explanation:
you plan on buying yourself a new $20,000 car on graduation day and graduation day is 24 months time. If you invest $300 a month for the next 24 months.
The principal amount, p = 300
He is earning 4% a month, it means that it was compounded once in four months. This also means that it was compounded quarterly. So
n = 4
The rate at which the principal was compounded is 4%. So
r = 4/100 = 0.04
It was compounded for a total of 24 months. This is equivalent to 2 years. So
n = 2
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount that would be compounded at the end of n years.
A = 300(1 + (0.04/4)/4)^4×2
A = 300(1 + 0.01)^8
A = 300(1.01)^8
A = $324.857
The total amount at the end of 24 months is below the cost of the car which is $20000. So he won't have enough money to buy the car
Correlation coefficient helps us to know how strong is the relation between two variables. The strength of the model is a strong positive correlation.
<h3>What is the correlation coefficient?</h3>
The correlation coefficient helps us to know how strong is the relation between two variables. Its value is always between +1 to -1, where, the numerical value shows how strong is the relation between them and, the '+' or '-' sign shows whether the relationship is positive or negative.
- 1 indicates a strong positive relationship.
- -1 indicates a strong negative relationship.
- A result of zero indicates no relationship at all, therefore, independent variable.
Hence, the strength of the model is a strong positive correlation.
Learn more about Correlation Coefficients:
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