A baker is using a cookie recipe that calls for 2 1/4 cups of flower to yield 36 cookies. How many flour will the baker need to
1 answer:
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Interest rate of the account is 5.5%, if Nadia deposited $3000 into an account that earns annual simple interest after 6 years, she had earned $990 in interest.
Step-by-step explanation:
The given is,
Nadia deposited $3000
After 6 years, she had earned $990 in interest
Simple interest
Step:1
Formula to calculate the future amount with simple interest is,
...........................(1)
Where, F - Future amount
P - Initial investment
r - Rate of interest ( simple interest )
t - No. of years
Step:2
From the given,
I = $990
P = $3000
F = Initial investment + Interest amount
F = P + I = 3000 + 990 = $3990
t = 6 years
Equation (1) becomes,
3990 = 3000 ( 1 + (r)(6) )
1.33 = 1 + (r)(6)
1.33 - 1 = (r)(6)
0.33 = (r)(6)
r = 0.055 × 100
r = 5.5%
Result:
Interest rate of the account is 5.5%, if Nadia deposited $3000 into an account that earns annual simple interest after 6 years, she had earned $990 in interest.
Answer:
At least 37.74% of the procedures takes between 97.6 and 125.6 minutes
Step-by-step explanation:
The percentage is the area of the standard normal distribution curve between the values 97.6 and 125.6
The standard normal variate of the given data is found as
Thus for the given values Z is calculated as under
Similarly for the other value we have
Thus the area between the calculated values can be found from standard normal distribution table to be 37.74%