Answer:
Interest= $ 18.73
Step-by-step explanation:
Given : $600 at 9.5% for 120 days
To find : Find the interest due
Solution :
Simple interest formula
Principle(P)=$600 , rate(r)=9.5%=0.095 , time (t)= 120 days
In years, 1 year = 365 days
1 day = year
120 days = year
Put values in the formula
Therefore, Interest= $ 18.73
Answer:
- 508
Step-by-step explanation:
The n th term of an arithmetic sequence is
= a₁ + (n - 1)d
where a₁ is the first term and d the common difference
Here a₁ = - 28 and d = - 34 - (- 28) = - 34 + 28 = - 6, thus
= - 28 + (- 6 × 80) = - 28 - 480 = - 508
Answer:
Sample size minimum is 60
Step-by-step explanation:
given that you want to create a 99% confidence interval with a margin of error of .5.
The population standard deviation is equal to 1.5
i.e.
Confidence level = 99%
Since population std deviation is known, we can use Z critical value for finding margin of error
Z critical value for 99% = 2.58
Margin of error =
Equate this to 0.5 and solve for n