A=P(1+R/100)^n
A=$15000, n=6 years, R=4.65
Therefore,
15000=P(1+4.65/100)^6
15000=P(1.3135)
P=15000/1.3135
=$11420 (to the nearest dollars)
The leading coefficient is -9
The degree is 2
The leading term is 9cd
Variables are nothing more than a placeholder. They stand for things that you want to find out but don't have the answer to yet.
The variables are j, c, and d.
The yellow one is the right answer
The account be worth in 7 months is 375.725 .
<h3>What is the amount in simple interest?</h3>
Amount (A) is the total money paid back at the end of the time period for which it was borrowed. The total amount formula in case of simple interest can also be written as: A = P(1 + RT)
Here, A = Total amount after the given time period.
Given that,
P = $350, R = 1.05%, T = 7 month
The simple interest equation uses "t" as years, but is just cycles, using an APR rate.
now, if we never mind "t" as years and just use it as an interest cycle, then we can say the rate is 1.05% and the period is 7 cycles.
A = P(1 + RT)
= 350(1+1.05%×7)
= 350(1+0.0105×7)
= 350(1+0.0735)
= 350×1.0735
A = $375.725
Hence, The account be worth in 7 months is 375.725 .
To learn more about simple interest from the given link:
brainly.com/question/25793394
#SPJ4
Answer: the value us 2.064
Step-by-step explanation:
To determine the t value, we would need the t distribution table. Since degree of freedom is known as 24, we would determine alpha/2
A 95% confidence level is 95/100 = 0.95
1 - alpha = 0.95
alpha = 1 - 0.95
alpha = 0.05
alpha/2 = 0.05/2 = 0.025
this is the area to the left. The area to the right 1 - 0.025 = 0.975
alpha/2 = 0.975
Looking at the t distribution table, the t value is
2.064