1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Crazy boy [7]
4 years ago
7

Jan wants to save a $2000 gift from her grandparents, and add $50 per month as emergency funds. She has narrowed her search for

a savings account to 2 banks, Bank A and Bank B. Bank A pays a fixed rate of interest, and Bank B pays a variable rate, but both rates are currently the same. What advice would you give Jan about how to choose an account based upon her own needs?
Mathematics
2 answers:
Nesterboy [21]4 years ago
3 0

Answer:

Jan wants to save a $2000 gift from her grandparents, and add $50 per month as emergency funds.

Bank A pays a fixed rate of interest, and Bank B pays a variable rate, but both rates are currently the same.

Based on her own needs, I would advice Jan to look out or few things like -

When you are expecting to save more money, you should prioritize about the interest rates as they will have an effect on your accounts and balance.

You should also look for the chargeable fee and services that are applied on that account as these make a big difference on the account when you have little balance. The type of interest (fixed or variable) does not matter that much. When you have more money in account then these fee looks negligible.

vampirchik [111]4 years ago
3 0

Answer:

B.

I and II

Step-by-step explanation:

Just took the test

You might be interested in
What is the answer for 6.8 6.9 6.10
Dafna1 [17]
6.11

see- .8 .9 .10 so its .11
6 0
3 years ago
Matters has 456:8 What s his rate
Olegator [25]

We are given ratio 456:8.

The given ratio can be written in fraction form as \frac{456}{8}

In order to find the rate, we need to divide 456 by 8, because it would give the unit value.

When we divide 456 by 8, we first take multiple of 8 closer to the number 45.

8*6=48 but it's greater than 45, so we would take 8*5 =40.

Subtracting 40 from 45, we get 5.

Getting 6 down, we get 56. Take multiple of 8 upto 56.

8*7= 56.

56 -56=0.

So, on dividing 456 by 8 we got 57.

Therefore, rate is 57 per unit.


3 0
3 years ago
The 2008 Workplace Productivity Survey, commissioned by LexisNexis and prepared by WorldOne Research, included the question, "Ho
vitfil [10]

Answer:

Therefore, the sampling distribution of \bar{x} is normal with a mean equal to 9 hours and a standard deviation of 0.7969 hours.

The 95% interval estimate of the population mean \mu is

LCL = 7.431 hours to UCL = 10.569 hours

Step-by-step explanation:

Let X be the number of hours a legal professional works on a typical workday. Imagine that X is normally distributed with a known standard deviation of 12.6.

The population standard deviation is  

\sigma = 12.6 \: hours

A sample of 250 legal professionals was surveyed, and the sample's mean response was 9 hours.

The sample size is

n = 250

The sample mean is  

\bar{x} = 9 \: hours  

Since the sample size is quite large then according to the central limit theorem, the sample mean is approximately normally distributed.

The population mean would be the same as the sample mean that is

 \mu = \bar{x} = 9 \: hours

The sample standard deviation would be  

$ s = {\frac{\sigma}{\sqrt{n} }  $

Where   is the population standard deviation and n is the sample size.

$ s = {\frac{12.6}{\sqrt{250} }  $

s = 0.7969 \: hours

Therefore, the sampling distribution of \bar{x} is normal with a mean equal to 9 hours and a standard deviation of 0.7969 hours.

The population mean confidence interval is given by

\text {confidence interval} = \mu \pm MoE\\\\

Where the margin of error is given by

$ MoE = t_{\alpha/2}(\frac{s}{\sqrt{n} } ) $ \\\\

Where n is the sampling size, s is the sample standard deviation and  is the t-score corresponding to a 95% confidence level.

The t-score corresponding to a 95% confidence level is

Significance level = α = 1 - 0.95 = 0.05/2 = 0.025

Degree of freedom = n - 1 = 250 - 1 = 249

From the t-table at α = 0.025 and DoF = 249

t-score = 1.9695

MoE = t_{\alpha/2}(\frac{\sigma}{\sqrt{n} } ) \\\\MoE = 1.9695\cdot \frac{12.6}{\sqrt{250} } \\\\MoE = 1.9695\cdot 0.7969\\\\MoE = 1.569\\\\

So the required 95% confidence interval is

\text {confidence interval} = \mu \pm MoE\\\\\text {confidence interval} = 9 \pm 1.569\\\\\text {LCI } = 9 - 1.569 = 7.431\\\\\text {UCI } = 9 + 1.569 = 10.569

The 95% interval estimate of the population mean \mu is

LCL = 7.431 hours to UCL = 10.569 hours

8 0
4 years ago
I need help with number 20 please ​
Doss [256]

Answer:

3 = 92 degree 4 = 88 degree

Step-by-step explanation:

3 = 45 + 47 = 92 degree

4 = 180 - 92 = 88 degree

5 0
3 years ago
Read 2 more answers
Complete the point-slope equation of the line through (-1,6) and (1,5).
deff fn [24]
Step by step equation
5 0
3 years ago
Read 2 more answers
Other questions:
  • For which value of c is the line y=3x+c a tangent to the parabola with equation y=x^2-5x+7
    5·1 answer
  • Help me plz thanks you
    12·2 answers
  • Please help me! This math is killing me!
    7·1 answer
  • 2/8 greater or less than 1/2
    8·2 answers
  • The formula for the surface area, S, of a cylinder, is S = 2tr2 + 2trh, where h is
    5·1 answer
  • Which elements comprise an alcohol functional group?
    12·1 answer
  • Suppose that a point moves along some unknown curve y = f(x) in such a way that, at
    7·1 answer
  • Line FG is represented by the equation 8x+3y=10. Which value is the slope of a line perpendicular to line FG
    12·1 answer
  • Freeeeeee pointssssssssssssssssss
    13·2 answers
  • 3x + 2 = 14<br> Which number makes the equation true?<br><br> 1<br> 2<br> 2<br> 4<br> 6
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!