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Ugo [173]
3 years ago
12

Your goal is to create a college fund for your child. Suppose you find a fund that offers an APR of 7 %. How much should you dep

osit monthly to accumulate ​$88 in 18 ​years? You should invest​$ nothing each month.
Mathematics
1 answer:
Yanka [14]3 years ago
5 0

Answer:

You shoud invest $0.204, it is an small amount each month.

The formula to calculate the monthly saving is

PP= \frac{A(APR/n)}{(1+(APR/n))^{nY}-1}

with PP: periodic payments, A: amount desired, n: number of payments in one year, Y: number of years.

In this case A = 88, n= 12 (the payments are monthly), Y=18, APR=7%.

Replacing in the formula you obtain that PP \approx 0.204

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The double number line shows how many bananas are needed to make 111 loaf of banana bread.
skelet666 [1.2K]

Answer:

Chart

Number of loaves    Number of Bananas

1                                    2 1/2

2                                   5                            

4                                    10

Step-by-step explanation:

My friend helped me with this and since I saw no answer here I wanted to help YOU!!!!

So the first one was easy because it already said it in the number line.

The second one you simply multiply 2x 2 1/2

The third one you multiply 4x 2 1/2.

Hope it helps! Stay safe and dont go out during Quarantine!!!!!!!!!!

5 0
3 years ago
Given that a function, h, has a domain of -3 ≤ x ≤ 11 and a range of 1 ≤ h(x) ≤ 25 and that h(8) = 19 and h(-2) = 2, select the
morpeh [17]

Answer:

Option D. h(2) = 16

Step-by-step explanation:

Verify each statement

case A) h(8) = 21

The statement is false

Because

we know that

h(8)=19 -----> given value

and

If h(8) = 21  then f(x) is not a function

case B) h(13) = 18

The statement is false

Because x=13 not belong to the domain of the function

case C) h(-3) = -1

The statement is false

Because

x=-3 belong to the domain

but

h(-3)=-1   not belong to the range of the function

case D) h(2) = 16

The statement could be true

Because

x=2 ----> belong to the domain of the function

h(2)=16 ----> belong to the range of the function

5 0
3 years ago
An orange juice producer buys oranges from a large orange grove that has one variety of orange. The amount of juice squeezed fro
strojnjashka [21]

Answer:

a) 0.10565

b) The two values = 4.61712 and

4.78288

c) 4.64088

Step-by-step explanation:

The z score formula we use to solve when given a random number of samples=

The formula for calculating a z-score is is z = (x-μ)/σ/√n

where x is the raw score

μ is the population mean

σ/√n is standard error

σ is the population standard deviation

n = random number of samples

a. What is the probability that the sample mean amount of juice will be at least 4.60 ounces?

z = (x-μ)/σ/√n

x = 4.60

μ = 4.70

σ = 0.40

n = 25

z = 4.60 - 4.70/0.40/√25

z = -0.10/0.40/5

z = -1.25

P-value from Z-Table:

P(x ≤ 4.60)

= P(x ≤ 4.60)

= P(z = -1.25)

= 0.10565

Therefore, the probability that the sample mean amount of juice will be at least 4.60 ounces is 0.10565

b. The probability is 70% that the sample mean amount of juice will be contained between what two values symmetrically distributed around the population mean?

The probability of 70% = 0.70

The z score for 0.70 = 1.036

This means, -1.036 and +1.036 gives a probability (0.70) or confidence level of 70%

We are to find x(raw score)

We solve using z score formula

For z = +1.036

z = (x-μ)/σ/√n

x = ?

μ = 4.70

σ = 0.40

n = 25

1.036 = x - 4.70/0.40/√25

1.036 = x - 4.70/0.08

Cross Multiply

1.036 × 0.08 = x - 4.70

0.08288 = x - 4.70

0.08288 + 4.70 = x

x = 4.78288

For z = -1.036

z = (x-μ)/σ/√n

x = ?

μ = 4.70

σ = 0.40

n = 25

-1.036 = x - 4.70/0.40/√25

-1.036 = x - 4.70/0.08

Cross Multiply

-1.036 × 0.08 = x - 4.70

-0.08288 = x - 4.70

-0.08288 + 4.70 = x

= 4.61712

Therefore, the two values = 4.61712 and

4.78288

c. The probability is 77% that the sample mean amount of juice will be greater than what value?

We are told to find the value that the sample mean is greater than

The z score for a P(x > z)

= P(x > 0.77)

= -0.739

Using z score formula, we find x first

z = (x-μ)/σ/√n

x = ?

μ = 4.70

σ = 0.40

n = 25

-0.739 = x - 4.70/0.40/√25

-0.739 = x - 4.70/0.08

Cross Multiply

-0.739 × 0.08 = x - 4.70

-0.05912 = x - 4.70

-0.05912 + 4.70 = x

x = 4.64088

Therefore, the value that the probability is 77% that the sample mean amount of juice will be greater than is 4.64088

5 0
4 years ago
Answer ASAP plz!! Look at photo
Musya8 [376]

There's a 1/3 chance of being an elf.

There's also a 1/5 chance of have magic.

Since these 2 events are distinct from each other, the chances of being a magic elf is 1/15.

3 0
3 years ago
Read 2 more answers
Doña Catalina tiene un terreno de una hectárea. Si desea dividir el terreno en parcelas de 400 m2, ¿cuántas parcelas obtendrá?
s2008m [1.1K]

Answer: guyguyguyguyuguyguyg

Step-by-step explanation:

7 0
3 years ago
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