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cestrela7 [59]
3 years ago
10

Devin signs a note for a discounted loan agreeing to pay $2,700 in 6 months at a discount rate of 7%. Determine the amount of th

e discount and the proceeds to Devin.
Discount = $

Proceeds = $
Mathematics
1 answer:
grandymaker [24]3 years ago
7 0

Answer:

discount= $94.5

Proceeds=$2605.5

Step-by-step explanation:

amount Dawin has to pay= $2700

in 6 months time

at a discount rate of 7%

here future value = $2700

D= discount before m months is given by

D= \frac{FV\times r\times m}{1200}

m= 6 months, r= 7% and FV= 2700

putting values

D= \frac{2700\times 7\times 6}{1200}

solving we get

D= $94.5

now present value = future value - discount

=2700-94.5= $ 2605.5

here PV(present valve )= Proceeds= $2605.5

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A newspaper published an article about a study in which researchers subjected laboratory gloves to stress. Among 225 vinyl? glov
romanna [79]

Answer:

a)

H₀: ρ₁ ≤ ρ₂

H₁: ρ₁ > ρ₂

b)

Z= \frac{('p_{1} - 'p_{2}) - (p_{1} - p_{2})}{\sqrt{'p(1-'p)[\frac{1}{n_1} + \frac{1}{n_2} ]} } ≈ N(0;1)

c)

p-value < .00001

d)

Reject the null hypothesis.

The population proportion vinyl gloves that leak viruses is greater than the population proportion of latex gloves that leak viruses.

Step-by-step explanation:

Hello!

The objective is to test if the population proportion of vinyl gloves that leak viruses (population 1) is greater then the population proportion of latex gloves that leak viruses (population 2).

Sample 1 (Vinyl)

n₁= 225

Sample proportion 'ρ₁= 0.60

Sample 2 (Latex)

n₂= 225

Sample proportion 'ρ₂= 0.09

Pooled proportion: 'ρ= (x₁+x₂)/(n₁+n₂)= ( 'ρ₁ + 'ρ₂)/2= (0.60 + 0.09)/2= 0.345 ≅0.35

The hypothesis is:

H₀: ρ₁ ≤ ρ₂

H₁: ρ₁ > ρ₂

α: 0.05

The statistic to use is a pooled Z

Z= \frac{('p_{1} - 'p_{2}) - (p_{1} - p_{2})}{\sqrt{'p(1-'p)[\frac{1}{n_1} + \frac{1}{n_2} ]} } ≈ N(0;1)

The critical region is one-tailed to the right (positive), the critical value is:

Z_{1-\alpha } = Z_{0.95} = 1.64

If Z ≥ 1.64, you will reject the null hypothesis.

If Z < 1.64, you will not reject the null hypothesis.

Z= \frac{(0.6 - 0.09) - (0}{\sqrt{0.35(1-0.35)[\frac{1}{225} + \frac{1}{225} ]} } = 11.34

Since the calculated Z- value is greater than the critical value, the decision is to reject the null hypothesis. The population proportion vinyl gloves that leak viruses is greater than the population proportion of latex gloves that leak viruses.

P-value approach:

p-value < .00001

If you compare with the level of signification, you reach the same decision.

I hope it helps!

8 0
4 years ago
What's the order 5/6 7/12 1/8 5/16
cluponka [151]
To find the order smallest to largest we need to find the common denominator the find the equivalent fractions and compare.

the LCD is 48 so

5/6 = 40/48
7/12 = 28/48
1/8 = 6/48
5/16 = 15/48

now we can make a direct comparison...
from smallest to largest
1/8, 5/16, 7/12, 5/6
7 0
3 years ago
A tiling company completes two jobs. The first job has $1200 in labor expenses for 40 hours worked, while the second job has $15
daser333 [38]

Answer:

The correct option is;

1560 = 30(52) + b

Step-by-step explanation:

The cost of the first job = $1,200 in labor and expenses

The number of hours worked in the first job = 40

The second job costs $1,560 in labor and expenses

The number of hours worked in the second job = 52

If the cost of labor per hour = L and the expenses = b, we have;

$1,200 = 40×L + b......................(1)

$1,560 = 52×L + b.......................(2)

Subtracting equation (1) from (2), we have;

52×L + b - (40×L + b) =  52×L - 40×L + b - b = $1,560 - $1,200 = $360

12×L = $360

L = $360/12 = $30/hour

From equation (1), we have;

$1,200 = 40×L + X =  40×$30 + b

Therefore, the equation that can be used to calculate the y-intercept of the linear equation is either;

1200 = 40(30) + X or 1560 = 32(52) + b, which gives the correct option as 1560 = 32(52) + b

6 0
3 years ago
Which is the graph of the function y = 3x?
Lady_Fox [76]

9514 1404 393

Answer:

  see attached

Step-by-step explanation:

The graph that includes the point (1, 3) will be the one that is a graph of ...

  y = 3^x

8 0
3 years ago
A/an _______ triangle has all three angles measuring less than 90°.
Svetllana [295]
The triangle is acute
7 0
4 years ago
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