The formula for simple interest =
I = PRT
P = initial capital = $7000
R = rate = 0.02 in this case
T = time = our variable we are solving for
Thus substitute the parts into the equation we get
280 = 7000*0.02*T
Solving for T we get A or 2 years
Answer: option c
Step-by-step explanation:
margin of error = critical value × s/√n
Where s = sample standard deviation = 0.58, n = 53
The critical value = 1.96 ( this is the critical value for a two test test corresponding to a level of significance of 5%)
By substituting the parameters, we have that
Margin of error = 1.96×0.58/√53
Margin of error = 1.96 × 0.0796
Margin of error = 0.156 ~ 0.16
Answer:
2. 3 3/4
3. 1 2/4
4. 4 days
5. new value = 3/4
Step-by-step explanation:
2. 3 3/4
3. 1 2/4
4. 4 days
5. smallest = 1 2/4
largest = 3 3/4
largest - smallest = 3
if the new value = 3/4
3 3/4 - 3/4 = 3
Slope: -4
Y-intercept : (0, -10)
