Answer:
50%
Step-by-step explanation:
You can figure out the percentage that it is off by diving the price it is not at (12) by the full amount (24) and then multiplying it by 100 because it is a percent.
(12/24)= 0.5
(0.5)*(100)= 50%
Answer: $1398
Step-by-step explanation:
Given , Principal (P) = $12,500
Rate of interest for 1st year = 12% =0.12
Rate of interest for 2nd year = 15% =0.15
Rate of interest for 3rd year = 18% =0.18
Interest for first year =
=
= $1500
Now, For second year new principal
Interest for second year =
=
= $2100
Now, For third year new principal
Interest for third year =
=
= $2898
Difference between the compound interest of the first year and the compound interest for the third year. = $2898 - $1500 = $1398
Hence, the difference between the compound interest of the first year and the compound interest for the third year is <u>$1398 .</u>
Answer: (60.858, 69.142)
Step-by-step explanation:
The formula to find the confidence interval for mean :
, where is the sample mean , is the population standard deviation , n is the sample size and is the two-tailed test value for z.
Let x represents the time taken to mail products for all orders received at the office of this company.
As per given , we have
Confidence level : 95%
n= 62
sample mean : hours
Population standard deviation : hours
z-value for 93% confidence interval: [using z-value table]
Now, 93% confidence the mean time taken to mail products for all orders received at the office of this company :-
Thus , 93% confidence the mean time taken to mail products for all orders received at the office of this company : (60.858, 69.142)
Answer:
344
Step-by-step explanation: