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Setler [38]
3 years ago
11

Chelsea has a savings account that pays 6% annual interest, compounded monthly, and she has made no deposits or withdrawals sinc

e opening the account. She receives monthly statements via e-mail, and the statement she just received reported a balance of $800.00. Assuming that she has had the account open for over two months, what was the balance on the previous statement to the nearest cent?
Mathematics
2 answers:
Gelneren [198K]3 years ago
7 0

Answer: $782.02

Step-by-step explanation: Balance, P = $800; Rate, R = 6%; Time, T= 1/12

∴ Interest, I = P*R*T/100

I = 800 X 6 x 1/12/100 = $4

Second  month = $(800 - 4) = $796

I = 796 X 6 X 1/12/100 = $3.98

First month = $(796 - 3.98) = $782.02    

kodGreya [7K]3 years ago
4 0
X+x*6/100 + x*6/100 = x + 2*x*6/100 = 800 so
1.12*x = 800 so
x = 800/1.12 = 714.285 =(round it)= 714.29 $
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Answer:

The probability of finding a sample mean less than 18 hours is 0.0082

Step-by-step explanation:

To find the probability of finding a sample mean less than 18 hours, we need to calculate the z-score of this sample mean 18. And the probability of finding a sample mean less than 18 hours is P(z<z(18)).

Z-score can be calculated as follows:

z(18)=\frac{X-M}{\frac{s}{\sqrt{N} } } where

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Answer:

a) -1535.5

b) 0

Step-by-step explanation:

A) We do this problem according to its parenthesis. First, let's evaluate the first half, -2[(-1/4)-12(-1)^2]. We have to do (-1)^2 first, because of PEMDAS. (-1)^2 is just 1. Now, our equation is -2[(-1/4)-12*1]. Thus, we get -2[(-1/4)-12] because 12*1 is just 12. Then, we do (-1/4)-12, giving us -12.25. Our equation becomes -2(-12.25). Then, we just get 24.5.

The next half, -5[24+2(-12)^2] is similar. We first evaulate (-12)^2 because of PEMDAS, giving us 144. Then, we have -5[24+2(144)]. 2 times 144 is 288, so we get -5[24+288]. 24 + 288 is 312, so we have -5(312). This finally gives us -1560.

Putting the two together, we get 24.5 - 1560, which is -1535.5.

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We plug in -1/3 where a is and -1 where b is. So:

-(-1/3)^2(-1)^2 - 3(-1/3)^3(-1)^2.

The tricky part of this problem is making sure you follow PEMDAS. We evaluate the exponents first.

-1/9 * 1  - 3(-1/27) * 1

= -1/9 + 1/9

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