A juice company did a survey among 100 customers to find their juice preferences. The customers were asked about their preferenc
es for apple or orange juices.
Out of the total 35 people who liked apple juice, eight also liked orange juice. There were 20 people who liked orange juice.
Part A: Summarize the data by writing the values that the letters A to I in the table below represent. (5 points)
Part B: What percentage of the survey respondents did not like either apple or orange juice? (3 points)
Part C: Do the survey results reveal a greater dislike for apple juice or orange juice? Justify your answer. (2 points)
Out of the total 35 people who liked apple juice, eight also liked orange juice. There were 20 people who liked orange juice.
Part A: Summarize the data by writing the values that the letters A to I in the table below represent. (5 points)
Part B: What percentage of the survey respondents did not like either apple or orange juice? (3 points)
Part C: Do the survey results reveal a greater dislike for apple juice or orange juice? Justify your answer. (2 points)
1 answer:
You might be interested in
Answer:
<em>The account will take 7 years to reach a value of $4,020</em>
Step-by-step explanation:
<u>Compound Interest </u>
When it occurs interest in the next period is then earned on the principal sum plus previously accumulated interest.
The formula is:
Where:
A = final amount
P = initial principal balance
r = interest rate
n = number of times interest applied per time period
t = number of time periods elapsed
Ella invested P=$2,700 in an account with an interest rate of r=5.4% (0.054) compounded monthly. Since there are 12 months in a year, n=12.
It will be calculated when will the account have a value of A=$4,020. Substituting all the values in the formula:
Calculating:
Dividing by 2,700:
To solve this equation for t, we need to apply logarithms:
Applying the logarithm power rule:
Dividing by 12log 1.0045:
Calculating:
t= 7.39 years
Rounding to the nearest year, the account will take 7 years to reach a value of $4,020