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coldgirl [10]
3 years ago
11

Suppose you invested $1500 in an ac count that paid an annual of 3% compound monthly. How much would you have after 1 year?

Mathematics
1 answer:
Sati [7]3 years ago
3 0

Answer:

1545.62

Step-by-step explanation:

The calculation of compound interests uses this formula:

<h2>A = P (1 + \frac{r}{n} )^{n*t}</h2>

Where  A = total amount, P = principal or amount of money deposited, r = annual interest rate, n = number of times compounded per year  and t = time in years.

So, if we plug-in the numbers of the problem we have:

<h2>A = 1500 (1 + \frac{0.03}{12} )^{12*1}</h2>

Which gives us:

A = 1500 * 1.0025^{12} = 1500 * 1.030416 = 1545.62

For a grand total of 1,545.62 including capital and interests.

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Amy, Doug, and Ginger took a math test. Amy scored 12 points higher than Doug, and Ginger scored twice as many points as Doug. T
lakkis [162]
Amy(A): D + 12
Doug(D):D
Ginger(G):2D
SumOfAll(S)=208 : Total points / sum of all three friends

(D+12)+D+2D=208
D+12+3D=208 - transpose 12 to the right side
4D=208-12 
4D = 196   - divide both sides by 4
D=49
Therefore, Doug scored 49

7 0
3 years ago
Read 2 more answers
Postulates can be used to prove theorems.<br><br> True<br><br> False
nikitadnepr [17]
<span>No, because postulates are assumptions. Some true, some not. So it can't be used to prove it</span>
8 0
3 years ago
A given population proportion is .25. What is the probability of getting each of the following sample proportions
anyanavicka [17]

This question is incomplete, the complete question is;

A given population proportion is .25. What is the probability of getting each of the following sample proportions

a) n = 110 and = p^ ≤ 0.21, prob = ?

b) n = 33 and p^ > 0.24, prob = ?

Round all z values to 2 decimal places. Round all intermediate calculation and answers to 4 decimal places.)

Answer:

a) the probability of getting the sample proportion is 0.1660

b) the probability of getting the sample proportion is 0.5517

Step-by-step explanation:

Given the data in the questions

a)

population proportion = 0.25

q = 1 - p = 1 - 0.25 = 0.75

sample size n = 110

mean = μ = 0.25

S.D = √( p( 1 - p) / n ) = √(0.25( 1 - 0.25) / 110 ) √( 0.1875 / 110 ) = 0.0413

Now, P( p^ ≤ 0.21 )

= P[ (( p^ - μ ) /S.D) < (( 0.21 - μ ) / S.D)

= P[ Z < ( 0.21 - 0.25 ) / 0.0413)

= P[ Z < -0.04 / 0.0413]

= P[ Z < -0.97 ]

from z-score table

P( X ≤ 0.21 ) = 0.1660

Therefore, the probability of getting the sample proportion is 0.1660

b)

population proportion = 0.25

q = 1 - p = 1 - 0.25 = 0.75

sample size n = 33

mean = μ = 0.25

S.D = √( p( 1 - p) / n ) = √(0.25( 1 - 0.25) / 33 ) = √( 0.1875 / 33 ) = 0.0754

Now, P( p^ > 0.24 )  

= P[ (( p^ - μ ) /S.D) > (( 0.24 - μ ) / S.D)

= P[ Z > ( 0.24 - 0.25 ) / 0.0754 )

= P[ Z > -0.01 / 0.0754  ]

= P[ Z > -0.13 ]

= 1 - P[ Z < -0.13 ]

from z-score table

{P[ Z < -0.13 ] = 0.4483}

1 - 0.4483

P( p^ > 0.24 )  = 0.5517

Therefore, the probability of getting the sample proportion is 0.5517

6 0
3 years ago
Cheryl can travel 21.6 miles on one gallon of gas. how far can cheryl travel on 6.2 gallons of gas?
boyakko [2]
21.6 miles per gallon

Multiplied by 6.2 gallons 

21.6 * 6.2 = 133.92

Cheryl can travel 133.92 (or about 134) miles on 6.2 gal. of gas.

Hope that helped!
6 0
3 years ago
PLEASEE HELP!! &lt;3 100 POINTSS
iris [78.8K]

To tell isf a table is proportional, divide y by x,

if all sets are the same it is proportional.

First table:

3 / -3 = -1

2 / -4 = -2


-1 and -2 are not the same


Table 2:

1/-1 = -1

3/-3 = -1

5/-5 = -1


These are all the same.


Table 2 is correct.

6 0
3 years ago
Read 2 more answers
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