Marcus borrows $3,000 from his local credit union, to be repaid with 3.5% interest over 4 years. What is the simple interest?
1 answer:
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Answer:
Gianna makes $18 per hour.
Step-by-step explanation:
Given Gianna makes 90$ for 5 hours. That means she should make $ = 18$ every hour.
Therefore we have:
a.
HOURS DOLLARS
1 18
2 36
3 54
4 72
5 90
6 108
7 126
b.
For the tabular column mark Hours on the x - axis and Dollars on the Y - axis. It can be plotted from the above table easily.
c.
If Gianna works for 8 hours she would have made 8 X 18 = 144$.
So, she will earn 144$ in 8 hours.
d.
To make 60$ she would have to work hours = 3.33 hours.
Answer:
The point estimate for this problem is 0.48.
Step-by-step explanation:
We are given that a University wanted to find out the percentage of students who felt comfortable reporting cheating by their fellow students.
A survey of 2,800 students was conducted and the students were asked if they felt comfortable reporting cheating by their fellow students. The results were 1,344 answered "Yes" and 1,456 answered "no".
<em>Let </em><em> = proportion of students who felt comfortable reporting cheating by their fellow students</em>
<u></u>
<u>Now, point estimate (</u><u>) is calculated as;</u>
where, X = number of students who answered yes = 1,344
n = number of students surveyed = 2,800
So, Point estimate () =
= <u>0.48 or 48%</u>