Answer:
Interest rate, R = 244%
Step-by-step explanation:
Given the following data;
Principal = $270
Simple interest = future amount - principal = 309.60 - 270 = $39.60
Time = 22/360 = 0.06 years
To find the interest rate?
Mathematically, simple interest is calculated using this formula;
Where;
Substituting into the equation, we have;
Cross-multiplying, we have;
<em>Interest rate, R = 244.44 ≈ 244%</em>
<em>Therefore, the pawnbroker charged Elisa a simple interest rate of 244%.</em>
Answer:
7
Step-by-step explanation:
Answer:
Step-by-step explanation:
x = y - 2.........(1)
4x + y = 2......(2)
Substituting x in (1) in (2)
4(y - 2) + y = 2
4y - 8 + y = 2
5y = 2 + 8
5y = 10
y = 10/5
y = 2
Putting x in (1)
x = y - 2
x = 2 - 2
x = 0
The equation of the perpendicular line to the given line is: y = -5/4x - 30.
<h3>What is the Equation of Perpendicular Lines?</h3>
The slope values of two perpendicular lines are negative reciprocal of each other.
Given that the line is perpendicular to y = 4/5x+23, the slope of y = 4/5x+23 is 4/5. Negative reciprocal of 4/5 is -5/4.
Therefore, the line that is perpendicular to it would have a slope (m) of -5/4.
Plug in m = -5/4 and (x, y) = (-40, 20) into y = mx + b to find b:
20 = -5/4(-40) + b
20 = 50 + b
20 - 50 = b
b = -30
Substitute m = -5/4 and b = -30 into y = mx + b:
y = -5/4x - 30
The equation of the perpendicular line is: y = -5/4x - 30.
Learn more about about equation of perpendicular lines on:
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Answer:
The correct answer is option (E)
Step-by-step explanation:
Solution to the question
Let us recall from given question that,
H0:p=0.80
Ha:p≠0.80 (which is the two tailed test)
For the p-value we have,
P-value: Let us assume that the null hypothesis is true, then the probability of observing the sample statistics or the more extreme,
Therefore if p= 0.80, the probability of observing or detecting proportion of samples is of at least 0.84 or at most 0.76 is 0.273.
