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Aleks [24]
3 years ago
11

A college student takes out a $7,500 loan from a bank. What will the balance of the loan be after one year (assuming the student

has not made any payments yet):
please explain how you got the answer.

Mathematics
1 answer:
jarptica [38.1K]3 years ago
5 0
The general equation use to calculate increasing or decreasing values

P(t) = A(1 + r)^t

where:
P = New value
A = original or starting amount
r = rate (can be either increasing(+) or decreasing(-))
t = time period that increase/decrease take place.

So after 1 year at 3.8% interest
P = 7500(1 + 0.038)^1
P = 7500(1.038)
P = 7,785

Then after 1 year at 5.35 interest
P = 7500(1 + 0.053)^1
P = 7500(1.054)
P = 7,897.50
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What is the slope perpendicular to y=-3
liraira [26]

check the picture below.


so, y = -3 is simply a horizontal line, as you see there, and any perpendicular line to that will be a vertical one, whose slope is undefined.

we can check by simply picking two points off the red line hmmm say (-2,2) and (-2, -2)


\bf (\stackrel{x_1}{-2}~,~\stackrel{y_1}{2})\qquad (\stackrel{x_2}{-2}~,~\stackrel{y_2}{-2}) \\\\\\ slope = m\implies \cfrac{\stackrel{rise}{ y_2- y_1}}{\stackrel{run}{ x_2- x_1}}\implies \cfrac{-2-2}{-2-(-2)}\implies \cfrac{-2-2}{-2+2}\implies \stackrel{und efined}{\cfrac{-4}{0}}

4 0
4 years ago
Write these decimals in order from least to.greatest 0.403 0.034 0.340
OLEGan [10]
0.034 -> 0.340 -> 0.403
3 0
3 years ago
Read 2 more answers
What is the volume of a frustum of a right pyramid with the area of the lower base square to 100 square inches, the area of the
otez555 [7]

Answer:

1

Step-by-step explanation:

7 0
3 years ago
5) Two machines M1, M2 are used to manufacture resistors with a design
Basile [38]

Answer:

Since M1 has the higher probability of being in the desired range, we choose M1.

Step-by-step explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Two machines M1, M2 are used to manufacture resistors with a design specification of 1000 ohm with 10% tolerance.

So we need the machines to be within 1000 - 0.1*1000 = 900 ohms and 1000 + 0.1*1000 = 1100 ohms.

For each machine, we need to find the probabilty of the machine being in this range. We choose the one with the higher probability.

M1:

Resistors of M1 are found to follow normal distribution with mean 1050 ohm and standard deviation of 100 ohm. This means that \mu = 1050, \sigma = 100

The probability is the pvalue of Z when X = 1100 subtracted by the pvalue of Z when X = 900. So

X = 1100

Z = \frac{X - \mu}{\sigma}

Z = \frac{1100 - 1050}{100}

Z = 0.5

Z = 0.5 has a pvalue of 0.6915.

X = 900

Z = \frac{X - \mu}{\sigma}

Z = \frac{900 - 1050}{100}

Z = -1.5

Z = -1.5 has a pvalue of 0.0668

0.6915 - 0.0668 = 0.6247.

M1 has a 62.47% probability of being in the desired range.

M2:

M2 are found to follow normal distribution with mean 1000 ohm and standard deviation of 120 ohm. This means that \mu = 1000, \sigma = 120

X = 1100

Z = \frac{X - \mu}{\sigma}

Z = \frac{1100 - 1000}{120}

Z = 0.83

Z = 0.83 has a pvalue of 0.7967.

X = 900

Z = \frac{X - \mu}{\sigma}

Z = \frac{900 - 1000}{120}

Z = -0.83

Z = -0.83 has a pvalue of 0.2033

0.7967 - 0.2033 = 0.5934

M2 has a 59.34% probability of being in the desired range.

Since M1 has the higher probability of being in the desired range, we choose M1.

8 0
3 years ago
Find the point estimate for the true difference between the given population means. Round your answer to three decimal places.
uranmaximum [27]

Answer:

Point Estimate for different between population means = - 0.99

Step-by-step explanation:

We are given data of two samples and we have to find the best point estimate of the true difference between two population means. Remember that in absence of data about population the best estimator is the sample data. So, we will find the means of both sample data and find the difference of that means. This difference between the means of sample data will be the best point estimate for the true difference between the population means.

Formula to calculate the mean is:

Mean=\frac{\text{Sum of Values}}{\text{Number of Values}}

Mean of Sample 1:

Mean=\frac{1414}{11}=128.55

Mean of Sample 2:

Mean=\frac{1684}{13}=129.54

Therefore the best point estimate for difference between two population means would be = Mean of Sample 1 - Mean of Sample 2

= 128.55 - 129.54

= - 0.99

8 0
3 years ago
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