Answer:
Interest= $ 18.73
Step-by-step explanation:
Given : $600 at 9.5% for 120 days
To find : Find the interest due
Solution :
Simple interest formula
Principle(P)=$600 , rate(r)=9.5%=0.095 , time (t)= 120 days
In years, 1 year = 365 days
1 day = year
120 days = year
Put values in the formula
Therefore, Interest= $ 18.73
Answer:
The data item is
Step-by-step explanation:
Normal Probability Distribution:
Problems of normal distributions can be solved using the z-score formula.
In a set with mean and standard deviation
, the z-score of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.
Mean of 400 and a standard deviation of 60.
This means that
z=3
We have to find X when Z = 3. So
The data item is
Answer:
11.51
Step-by-step explanation:
In general, a calculator is required to evaluate the irrational sum ...
π + √70
<h3>Calculator result</h3>The result from a readily-available online calculator is shown in the attachment.
π + √70 ≈ 11.51
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<em>Additional comment</em>
You have probably memorized pi to several digits: 3.1416. To obtain the required estimate means you need to approximate √70 to about the same level of precision.
For a number n = a² +b, the square root can be approximated by the continued fraction ...
√n ≈ a +b/(2a +b/(2a +...))
Effectively, the root (r) can be iterated from the recursive formula ...
r' = a +b/(a +r)
For √70, we have 70 = 8² +6 ⇒ a=8, b=6
If the initial approximation of the root is r0≈a=8, then a couple of iterations gives ...
r1 = 8 + 6/(8 +r0) = 8 + 6/(8 +8) = 8 3/8
r2 = 8 + 6/(8 +r1) = 8 +6/(8 +8 3/8) = 8 48/131
This has sufficient accuracy for the purpose. The decimal equivalent of the sum then becomes ...
3.1416 +8.3664 = 11.5080 ≈ 11.51
