After 8 years the value of the computer to be $0 if the Aaron’s mother purchases a new computer for $1750.
<h3>What is a sequence?</h3>
It is defined as the systematic way of representing the data that follows a certain rule of arithmetic.
We have:
Aaron’s mother purchases a new computer for $1750. If she claims a linear depreciation (loss of value) on the computer at a rate of $250 per year.
The above problem can be solved using concept of arithmetic sequence
The starting value = $1750
After one year = 1750 - 250 = $1500
After second year = 1500 - 250 = $1250
Common difference = 1500 - 1750 = -250
a(n) = 1750 + (n - 1)(-250)
a(n) = 0 (final value is zero given)
0 = 1750 + (n - 1)(-250)
n - 1 = 7
n = 8 years
Thus, after 8 years the value of the computer to be $0 if the Aaron’s mother purchases a new computer for $1750.
Learn more about the sequence here:
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Answer:
Part a. t = 7.29 years.
Part b. t = 27.73 years.
Part c. p = $3894.00
Step-by-step explanation:
The formula for continuous compounding is: A = p*e^(rt); where A is the amount after compounding, p is the principle, e is the mathematical constant (2.718281), r is the rate of interest, and t is the time in years.
Part a. It is given that p = $2000, r = 2.5%, and A = $2400. In this part, t is unknown. Therefore: 2400 = 2000*e^(2.5t). This implies 1.2 = e^(0.025t). Taking natural logarithm on both sides yields ln(1.2) = ln(e^(0.025t)). A logarithmic property is that the power of the logarithmic expression can be shifted on the left side of the whole expression, thus multiplying it with the expression. Therefore, ln(1.2) = 0.025t*ln(e). Since ln(e) = 1, and making t the subject gives t = ln(1.2)/0.025. This means that t = 7.29 years (rounded to the nearest 2 decimal places)!!!
Part b. It is given that p = $2000, r = 2.5%, and A = $4000. In this part, t is unknown. Therefore: 4000 = 2000*e^(2.5t). This implies 2 = e^(0.025t). Taking natural logarithm on both sides yields ln(2) = ln(e^(0.025t)). A logarithmic property is that the power of the logarithmic expression can be shifted on the left side of the whole expression, thus multiplying it with the expression. Therefore, ln(2) = 0.025t*ln(e). Since ln(e) = 1, and making t the subject gives t = ln(2)/0.025. This means that t = 27.73 years (rounded to the nearest 2 decimal places)!!!
Part c. It is given that A = $5000, r = 2.5%, and t = 10 years. In this part, p is unknown. Therefore 5000 = p*e^(0.025*10). This implies 5000 = p*e^(0.25). Making p the subject gives p = 5000/e^0.25. This means that p = $3894.00(rounded to the nearest 2 decimal places)!!!
Answer:
The 95% confidence interval for the fraction of all shoppers during the year whose visit was because of a coupon they'd received in the mail is (0.2016, 0.2694).
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of 
, and a confidence level of 
, we have the following confidence interval of proportions.
In which
z is the z-score that has a p-value of 
.
A store randomly samples 603 shoppers over the course of a year and finds that 142 of them made their visit because of a coupon they'd received in the mail.
This means that 
95% confidence level
So 
, z is the value of Z that has a p-value of 
, so 
.
The lower limit of this interval is:
The upper limit of this interval is:
The 95% confidence interval for the fraction of all shoppers during the year whose visit was because of a coupon they'd received in the mail is (0.2016, 0.2694).
Answer:
m = 5,520.619
Step-by-step explanation:
The given equation is :
y=5,520.619x-1,091.393 ....(1)
The general form of equation is given by :
y = mx +c ...(2)
Where
m is slope of line
c is y-intercept
Comparing equation (1) and (2), we get :
Slope, m = 5,520.619
Hence, the slope of the given line is 5,520.619.
