The amount of each payment is $699.
What is payment?
Payment refers to the exchange of something of value as a condition of a contract. While one party pays money and receives something else of value, the other party gets paid in return for delivering a good or service. Physical currency was once the most common form of payment, but nowadays most forms of payment use technology.
Given: Buy 2 personal watercrafts for $3,495 each.
So, the price for 2 watercrafts is, 2 x $3495 = $6990
They make 10 equal payments for the watercrafts.
So each payment is of $6990/10 = $699.
Hence, the amount of each payment is $699.
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Since the plane starts at (0,0), you don't have to factor in anything except for the translation. The plane would be at (-.5, 3.5)
withdrawals are when cash is taken out from the account
Flora withdraws an amount of $75 at a time from her bank account
she makes 7 such withdrawals
one withdrawal she takes out - $75
then seven withdrawals leads to - $75 x 7 = $525
then overall change in her account has been a net withdrawal of $525
so the overall change in the account is -$525
The 99% confidence interval for the true mean is given by:
where:
is the sample mean = 69.7
is the standard deviation = 2.8
is the test statistics = 2.58 for for 99% confidentce interval.
n is the sample size = 772.
Therefore, the 99% confidence interval is:
