Answer:
The initial amount in the account is $333.33
Step-by-step explanation:
Here, we want to calculate the initial amount in the account.
Let the initial amount be $x
Mathematically;
Simple interest = PRT/100
where P is the amount deposited = $x
R is the rate = 10%
T is the time = 5 years
Simple interest = Present amount - Principal = $(500-x)
By substituting;
500-x = (x * 10 * 5)/100
100(500-x) = 50x
50,000 - 100x = 50x
50,000 = 100x + 50x
150x = 50,000
x = 50,000/150
x = 333.33333333
Which to the nearest penny ; x = $333.33
Answer:
$190
Step-by-step explanation:
800-230=570
570÷3=190
Answer:
Step-by-step explanation:
Since the amount of soft drink dispensed into a cup is normally distributed, we would apply the formula for normal distribution which is expressed as
z = (x - µ)/σ
Where
x = amount in ounce of soft drink dispensed into cup.
µ = mean amount
σ = standard deviation
From the information given,
µ = 7.6oz
σ = 0.4 oz
a) The probability that the machine will overflow an 8-ounce cup is expressed as
P(x > 8) = 1 - P(x ≤ 8)
For x = 8,
z = (8 - 7.6)/0.4 = 1
Looking at the normal distribution table, the probability corresponding to the z score is 0.84
P(x ≤ 8) = 1 - 0.84 = 0.16
b) P(x< 8) = 0.84
c) when the machine has just been loaded with 848 cups, the number of cups expected to overflow when served is
0.16 × 848 = 136 cups
Answer:
$111.59
Step-by-step explanation:
The total amount of the purchase was the cost of the computer plus the sales tax:
$1,257*1,06= $1,332.42
Now, to determine the interest that they will have to pay, you have to consider that the interest rate is 16,75% APR that is the annual percentage rate but as only 6 month have passed, the interest rate at this point that they have to pay is 8.375%:
$1,332.42*8.375%= $111.59
The interest that they will be charged is $111.59
