Often in statistics research, a population is too large to collect data on. A sampling distribution of a statistic is created by
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Answer:
The total amount due after five years is $57,000.
Step-by-step explanation:
Recall that simple interest is given by the formula:
Where <em>A</em> is the final amount, <em>P</em> is the principal amount, <em>r</em> is the rate, and <em>t</em> is the time (in years).
Since we are investing a principal amount of $38,000 at a rate of 10.0% for five years, <em>P</em> = 38000, <em>r</em> = 0.1, and <em>t</em> = 5. Substitute:
Evaluate. Hence:
The total amount due after five years is $57,000.
Answer:
B.
Step-by-step explanation:
GIven that and
, and that point M is the midpoint of AB, the midpoint can be determined as a vectorial sum of A and B. That is:
The location of B is now determined after algebraic handling:
Then:
Which corresponds to option B.