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Nimfa-mama [501]

2 years ago

7

Max saves up $6000.He elects to put it in a savings account that accrues 3.5% simple interest.How much money will he have in 6 y

ears?

1 answer:

Naddik [55]2 years ago

7 0

$7200.. you would find out what 3.5% of $6000 (210) is and then multiply it by 6 (1200) and then add it to the original $6000

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Eric randomly surveyed 150 adults from a certain city and asked which team in a contest they were rooting for, either North Hig

Romashka-Z-Leto [24]

Answer:

B

Step-by-step explanation:

A 95% confidence level interval will have 0.52 (lower interval) & 0.68 (upper interval) which means that that if 90 individuals root for North HS then p value is 0.6 which will fall in the 95% confidence interval range.
For the option B the p value will also be same as in case A hence B is true as an alternative hypothesis.
We can calculate P value

Confidence Interval = p ± z $\sqrt{p(1-p)/n}$

4 0

3 years ago

How many solutions does this equation have?<br> 2 + 6x

Gekata [30.6K]

Answer:

man idk ask yourself .

Step-by-step explanation:

3 0

2 years ago

Read 2 more answers

Julian is using a biking app that compares his position to a simulated biker traveling Julian's target speed. When Julian is beh

zepelin [54]

Answer:

$\large \boxed{\text{11 km/h}}$

Step-by-step explanation:

1. The situation after 15 min:

(a) Distance travelled by simulated biker:

15 min =¼ h

$\text{Distance} = \dfrac{1}{4}\text{ h} \times \dfrac{\text{20 km}}{\text{1 h}} = \text{5 km}$

(b) Distance travelled by Julian

Julian is 2¼ km behind the biker. The distance he has travelled is (5 - 2¼) km

5 - 2¼ = 5 - ⁹/₄ = ²⁰/₄ - ⁹/₄ = ¹¹/₄ = 2¾

Julian has travelled 2¾ km in ¼ h.

2. Julian's average speed

$\text{Speed} = \dfrac{\text{Distance}}{\text{Time}} = \dfrac{2\frac{3}{4}\text{ km}}{\frac{1}{4}\text{ h}} =\dfrac{11}{4}\text{ km}\times \dfrac{4}{\text{1 h}} = \textbf{11 km/h}\\\\\text{Julian's average speed is $\large \boxed{\textbf{11 km/h}}$}$

7 0

2 years ago

Read 2 more answers

When the effective interest rate is 9% per annum, what is the present value of a series of 50 annual payments that start at $100

ser-zykov [4K]

Answer:

$1,109.62

Step-by-step explanation:

Let's first compute the <em>future value FV.</em>

In order to see the rule of formation, let's see the value (in $) for the first few years

<u>End of year 0</u>

1,000

<u>End of year 1(capital + interest + new deposit)</u>

1,000*(1.09)+10

<u>End of year 2 (capital + interest + new deposit)</u>

(1,000*(1.09)+10)*1.09 +10 =

$\bf 1,000*(1.09)^2+10(1+1.09)$

<u>End of year 3 (capital + interest + new deposit)</u>

$\bf (1,000*(1.09)^2+10(1+1.09))(1.09)+10=\\1,000*(1.09)^3+10(1+1.09+1.09^2)$

and we can see that at the end of year 50, the future value is

$\bf FV=1,000*(1.09)^{50}+10(1+1.09+(1.09)^2+...+(1.09)^{49}$

The sum

$\bf 1+1.09+(1.09)^2+...+(1.09)^{49}$

is the <em>sum of a geometric sequence </em>with common ratio 1.09 and is equal to

$\bf \frac{(1.09)^{50}-1}{1.09-1}=815.08356$

and the future value is then

$\bf FV=1,000*(1.09)^{50}+10*815.08356=82,508.35564$

The <em>present value PV</em> is

$\bf PV=\frac{FV}{(1.09)^{50}}=\frac{82508.35564}{74.35572}=1,109.616829\approx \$1,109.62$

rounded to the nearest hundredth.

5 0

2 years ago

Decrease 18•4 in the ratio 3:8

andrezito [222]

Answer:

6.9

Step-by-step explanation:

Since you are supposed to decrease the number in the ratio 3:8 or 3/8 you take the small number that is 3 to be the numerator and 8 to be the denominator then multiply it by 18.4.

That is 18.4×3:8= 184/10×3/8=6.9

So to decrease a number you multiply it with the smallest number as the numerator and the big number as the denominator

To increase a number you multiply it with the big number as the numerator and the small number to be the denominator

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8 0

2 years ago