John invested the money at simple interest for 4.22 years.
We have,
Invested amount = $ 4500
Rate of interest = 5.5 %
Time = t years
Maturity value = $ 5545
So,
Total interest earned = $ 5545 - $ 4500 = $ 1045
And,
Simple interest = (Principal × Rate × Time ) / 100
So, Using the mentioned formula,
1045 = ( 4500 × 5.5 × t ) /100
1045 = 45 × 5.5 × t
⇒
t = (1045) / (45 × 5.5)
⇒ t = 4.22 years
Therefore, John invested the money at simple interest for 4.22 years.
Learn more about simple interest here:
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Answer:
179.159
Step-by-step explanation:
Given the sequence :
50, 60, 72,..
The sequence given is a geometric sequence :
For a geometric sequence ;
ar^(n - 1)
a = first term
r = a2 / a1 = 60 / 50 = 1.2
The 8th term ; n =8
a8 = ar^(n - 1)
a8 = 50*1.2^(8 - 1)
a8 = 50*1.2^7
a8 = 50*3.5831808
a8 = 179.15904
a8 = 179.159 (nearest thousandth )
It would be 8 because 3 less than 8.
Hope this helps! :D
Answer:
Standard score z=0.07
Step-by-step explanation:
The z-score, or standard score, represents an equivalent value for X but in the standard normal distribution, where μ=0 and σ=1.
For X=28.3 in a normal distribution with μ=26.3 and σ=28.1, the standard score can be calculated as:
This value is 0.07 standard deviations right to the mean.
In the picture attached, we have located the z-score.
Answer:
c because the x value is equal to the y value
Step-by-step explanation:
