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Tems11 [23]
3 years ago
6

Kristen just deposited $6,500 into a new bank account that pays 4.5% interest the first year and 3% compounded annually each yea

r after that. If there is no other activity in the account, how much money will there be in two years ? PLEASE BRAKE DOWN THE PROBLEM!
Mathematics
2 answers:
vladimir2022 [97]3 years ago
6 0

This question is about compound interest, but since the interest is such a small number you can use what you know about simple interest to eliminate some answers.

You can immediately eliminate choice A as a clunker, since it is less than the original amount in the account.

Consider what the amount of interest would be if you make the rate much larger than the original rate, say 10%, or 0.1:

$6,500 × 0.1 = $650

If this amount were added to the original amount each year for two years, the total would be:

$6,500 + $650 + $650 = $6,500 + $1,300 = $7,800

This is an over-estimate for the information given, and since choices C and D are even greater than this over-estimate, they can be eliminated. That means choice B is the correct answer.

jolli1 [7]3 years ago
6 0

B is the correct answer.


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Recall that in Linear Functions, we wrote the equation for a linear function from a graph. Now we can extend what we know about graphing linear functions to analyze graphs a little more closely. Begin by taking a look at Figure 8. We can see right away that the graph crosses the y-axis at the point (0, 4) so this is the y-intercept.

Then we can calculate the slope by finding the rise and run. We can choose any two points, but let’s look at the point (–2, 0). To get from this point to the y-intercept, we must move up 4 units (rise) and to the right 2 units (run). So the slope must be

\displaystyle m=\frac{\text{rise}}{\text{run}}=\frac{4}{2}=2m=

​run

​

​rise

​​ =

​2

​

​4

​​ =2

Substituting the slope and y-intercept into the slope-intercept form of a line gives

\displaystyle y=2x+4y=2x+4

HOW TO: GIVEN A GRAPH OF LINEAR FUNCTION, FIND THE EQUATION TO DESCRIBE THE FUNCTION.

Identify the y-intercept of an equation.

Choose two points to determine the slope.

Substitute the y-intercept and slope into the slope-intercept form of a line.

EXAMPLE 4: MATCHING LINEAR FUNCTIONS TO THEIR GRAPHS

Match each equation of the linear functions with one of the lines in Figure 9.

\displaystyle f\left(x\right)=2x+3f(x)=2x+3

\displaystyle g\left(x\right)=2x - 3g(x)=2x−3

\displaystyle h\left(x\right)=-2x+3h(x)=−2x+3

\displaystyle j\left(x\right)=\frac{1}{2}x+3j(x)=

​2

​

​1

​​ x+3

Graph of three lines, line 1) passes through (0,3) and (-2, -1), line 2) passes through (0,3) and (-6,0), line 3) passes through (0,-3) and (2,1)

Figure 9

SOLUTION

Analyze the information for each function.

This function has a slope of 2 and a y-intercept of 3. It must pass through the point (0, 3) and slant upward from left to right. We can use two points to find the slope, or we can compare it with the other functions listed. Function g has the same slope, but a different y-intercept. Lines I and III have the same slant because they have the same slope. Line III does not pass through (0, 3) so f must be represented by line I.

This function also has a slope of 2, but a y-intercept of –3. It must pass through the point (0, –3) and slant upward from left to right. It must be represented by line III.

This function has a slope of –2 and a y-intercept of 3. This is the only function listed with a negative slope, so it must be represented by line IV because it slants downward from left to right.

This function has a slope of \displaystyle \frac{1}{2}

​2

​

​1

​​  and a y-intercept of 3. It must pass through the point (0, 3) and slant upward from left to right. Lines I and II pass through (0, 3), but the slope of j is less than the slope of f so the line for j must be flatter. This function is represented by Line II.

Now we can re-label the lines as in Figure 10.

Figure 10

Finding the x-intercept of a Line

So far, we have been finding the y-intercepts of a function: the point at which the graph of the function crosses the y-axis. A function may also have an x-intercept, which is the x-coordinate of the point where the graph of the function crosses the x-axis. In other words, it is the input value when the output value is zero.

To find the x-intercept, set a function f(x) equal to zero and solve for the value of x. For example, consider the function shown.

\displaystyle f\left(x\right)=3x - 6f(x)=3x−6

Set the function equal to 0 and solve for x.

⎧

⎪

⎪

⎨

⎪

⎪

⎩

0

=

3

x

−

6

6

=

3

x

2

=

x

x

=

2

The graph of the function crosses the x-axis at the point (2, 0).

Q & A

Do all linear functions have x-intercepts?

No. However, linear functions of the form y = c, where c is a nonzero real number are the only examples of linear functions with no x-intercept. For example, y = 5 is a horizontal line 5 units above the x-axis. This function has no x-intercepts.

Graph of y = 5.

Figure 11

A GENERAL NOTE: X-INTERCEPT

The x-intercept of the function is value of x when f(x) = 0. It can be solved by the equation 0 = mx + b.

EXAMPLE 5: FINDING AN X-INTERCEPT

Find the x-intercept of \displaystyle f\left(x\right)=\frac{1}{2}x - 3f(x)=

​2

​

​1

​​ x−3.

SOLUTION

Set the function equal to zero to solve for x.

\displaystyle \begin{cases}0=\frac{1}{2}x - 3\\ 3=\frac{1}{2}x\\ 6=x\\ x=6\end{cases}

​⎩

​⎪

​⎪

​⎪

​⎪

​⎪

​⎨

​⎪

​⎪

​⎪

​⎪

​⎪

​⎧

​​  

​0=

​2

​

​1

​​ x−3

​3=

​2

​

​1

​​ x

​6=x

​x=6

​​  

The graph crosses the x-axis at the point (6, 0).

Analysis of the Solution

A graph of the function is shown in Figure 12. We can see that the x-intercept is (6, 0) as we expected.

Figure 12. The graph of the linear function \displaystyle f\left(x\right)=\frac{1}{2}x - 3f(x)=

​2

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3 years ago
Test scores are normally distributed with a mean of 500. Convert the given score to a z-score, using the given standard deviatio
Bond [772]

Answer:

The percentage of students who scored below 620 is 93.32%.

Step-by-step explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

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Percentage of students who scored below 620:

This is the pvalue of Z when X = 620. So

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3 years ago
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