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garik1379 [7]
3 years ago
9

Jim deposits 6000 into an account that pays simple interest at a rate of 2% per year. How much interest will he be paid in the f

irst 5 years?
Mathematics
1 answer:
Alex73 [517]3 years ago
6 0

Answer:

$600 interest will be paid in the first 5 years

Step-by-step explanation:

Simple interest is calculated only on the principal or initial amount deposited. Jim deposits 6000 into an account that pays simple interest at a rate of 2% per year. The formula for simple interest is expressed as

I = PRT/100

Where

I represents interest after the given time.

R represents the interest loan on the principal.

T represent number of time in years.

P represents principal or initial amount deposited.

From the information given,

R = 2

P = 6000

T = 5

I = (6000 × 2 × 5)/100 = $600

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After being rejected for employment, Kim Kelly learns that the Bellevue Credit Company has hired only five women among the last
Georgia [21]

Answer:

The probability that 5 or fewer women are hired, assuming no gender discrimination, is 0.0317; we can use this result to support her charge of gender discrimination.

Step-by-step explanation:

If we are assuming that the women and the men are equally qualified, then the probability for each employee that is hired the probability for it to be a women should be 1/2. Note that the fact that more men that women are hired in a sample might not be disctrimination: for example, if 2 men are hired out of 2 employees, that can happen with probability 1/4, so it is quite common. In order to support her charge for gender discrimination, we need at least a probability less that 0.05 that 5 (or less) women are hired out of 19 employees.

Since each configuration is equally probable, we will count the total amount of possible cases that 5 or less women are hired, and dividide it by the total amount of cases, 2¹⁹.

  • 0 women hired: one possible case: every employee is male
  • 1 women hired: 19 possible cases
  • 2 women hired: {19 \choose 2} = 171 possible cases
  • 3 women hired: {19 \choose 3}  = 969 possible cases
  • 4 women hired: {19 \choose 4} = 3876 possible cases
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Thus, there are a total of 11628+3876+969+171 = 16644 possible cases out of 2¹⁹ ones. All of them with seemingly equal probability. As a consequence, the probability of 5 or less women to be hired out of 19 employees, assuming that the probability to hire 1 is 1/2, is

16644/2¹⁹ = 0.0317 < 0.05

The probability that 5 or fewer women are hired, assuming no gender discrimination, is 0.0317. Since the probability is so low, we can conclude that for the employer, a woman equally qualified as a man is less likely to be hired, therefore, we can support her charge of gender discrimination.

6 0
3 years ago
A meter is 3.37 inches more than a yard swimmer a swims 100 meters and swimmer b swims 100 yeards how many more feet did swimmer
olga_2 [115]
Swimmer a swims 100 meters, which is 100 1-meters, which is 100
(1 yards +3.37 inches) = 100 yards + 337 inches.

1 yard is 3 feet, so 100 yards are 300 feet.

100 in is 8.33 feet so
337 in is (337*8.33)/100=28.07 feet


Swimmer b swims 100 yards, which is 300 feet

Swimmer a swam 28.07 feet.


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3 years ago
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Tanya [424]

Answer:

We can find the volume of a sphere using the volume of a cylinder. Cylinder is a solid which has a circular base. We know the fact that the volume of any solid is equal to the product of base area and height of the solid. So, the volume of a right circular cylinder of base radius ‘r’ and height ‘h’ is given by

Step-by-step explanation:

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2 years ago
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elena55 [62]

Answer:

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Step-by-step explanation:

<em>The question is to find the lengths of 2 sides of the rectangle</em>.

<u>Solution:</u>

Let shorter side be "x"

Let longer side be "y"

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Now, y = 3x, y = 3(5) = 15

So we can say the lengths of 2 sides of the rectangle is 5 feet & 15 feet

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Answer:/

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Step-by-step explanation:

           

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