Hey there find an image attached..
Assuming he had not dealt with the bank offering plan B before, he has nothing deposited two years back. Hence plan B only gives him only 0.2% annual interest for his deposit.
Plan A gives 0.25% for his deposit all the time.
So plan A is more advantageous.
For durations,
To reach $1,000,000 from $100,000, the money needs to grow 10 fold, or
(1+i)^n=10
n=log(10)/log(1+i).
So for plan A:
n=log(10)/log(1.0025)=922.18 years, while for
plan B
n=log(10)/log(1.0020)=1152.44 years.
Hope the bank(s) still exist at that time.
Answer:
A. principal interviewed the 25 students who scored highest on a reading test.
D. For a report on the exercise habits of adults, Sergio talked to 30 adults at a local fitness center.
E. Josh asked the first 25 people he met at the dog park if they preferred dogs or cats.
Step-by-step explanation:
Biased means if the selection of every unit does not have an equal chance of being selected in a sample.
The sample is said to be good if choosing the unit is unbiased. The sample is said to be unbiased if the selection of each unit is independent.
Option A is an example of data selected in a biased way because principal chose only those student who scored the highest marks on reading test.
Options B and C are unbiased as here a selection of each number and name of the student has an equal chance of being selected.
Option D is biased because Sergio talked adults at a local fitness center where people go for maintaining their health. So, there is a chance of the selection of fitted adults more than unfitted adults.
Option E is biased because Josh met people at the dog park where dog lovers are more than a cat lover.
So assuming simplet interest
find the change to find the interest
change=186000-129000=57000
simple interest=time times rate times principal
time is in years (8)
rate is in decimal
principal is amount invested (129000)
so
interest is 57000
57000=(8)(r)(129000)
57000=1032000r
divide both sides by 1032000
0.05523255813953488372093023255814=r
or
5.523255813953488372093023255814%
rounded
5.5%
