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Daniel [21]
2 years ago
14

Suppose you deposit $1,200 into a bank account. The account earns yearly simple interest at a rate of 1 3/4%. How many years wil

l it take to earn a total of $126 in a simple interest? Show your work.​
Mathematics
1 answer:
igor_vitrenko [27]2 years ago
4 0

Answer:

6 years

Step-by-step explanation:

1.75% of 1,200 = 21

so 1 year= 21

21+21= 42         2 years

42+21=63           3 years

63+21=84            4 years

81+21=105             5 years

105+21=126            6 years

Or you can do

21x6=126 so it has to equal 6 years

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Answer:the median is 20 and the lower quartile is 16.5

Step-by-step explanation:

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2 years ago
Suppose that the distribution of typing speed in words per minute (wpm) for experienced typists using a new type of split keyboa
KengaRu [80]

Answer:

a. <u>0.5 or 50%</u>

b. <u>0.496 or 49.6%</u>

c. <u>0.8185 or 81.85%</u>

d. <u>Yes, it would be just 0.0013 or 0.13% of probability to find a typist whose speed exceeds 105 wpm</u>

e. <u>0.0252 or 2.52%</u>

f. <u>The qualifying speed would be 47.4 wpm.</u>

Step-by-step explanation:

a. Let's find the z-score this way:

μ  = 60 σ= 15

z-score = (x - μ)/σ

z-score = (60 - 60)/15

z-score = 0

Now, let's calculate the p value for z-score = 0, using the z-table:

<u>p (z=0) = 0.5 or 50%</u>

b. z-score = (x - μ)/σ

z-score = (59.9 - 60)/15

z-score = -0.01

Now, let's calculate the p value for z-score = -.0.01, using the z-table:

<u>p (z = -0.01) = 0.496 or 49.6%</u>

If the question were less or equal than 60, a and b would have the same answer. But in this case, the question is "less than 60 wpm".

c.

z-score = (x - μ)/σ

z-score = (45 - 60)/15

z-score = - 1

Now, let's calculate the p value for z-score = -1, using the z-table:

p (z = -1) = 0.1587

z-score = (x - μ)/σ

z-score = (90 - 60)/15

z-score = 2

Now, let's calculate the p value for z-score = 2, using the z-table:

p (z = 2) = 0.9772

<u>In consequence,</u>

<u>p (-1 ≤ z ≤ 2) = 0.9772 - 0.1587 = 0.8185 or 81.85%</u>

d. z-score = (x - μ)/σ

z-score = (105 - 60)/15

z-score = 3

Now, let's calculate the p value for z-score = 3, using the z-table:

p (z = 3) = 0.9987

In consequence,

p (z > 3) = 1 - 0.9987 = 0.0013

<u>Yes, it would be just a 0.13% of probability to find a typist whose speed exceeds 105 wpm.</u>

e. z-score = (x - μ)/σ

z-score = (75 - 60)/15

z-score = 1

Now, let's calculate the p value for z-score = 1, using the z-table:

p (z = 1) = 0.8413

In consequence,

p (z > 1) = 1 - 0.8413 = 0.1587

and if the two typists are independently selected, then

p = 0.1587 * 0.1587

<u>p = 0.0252 or 2.52%</u>

f. p = 0.2, using the z-table, the z-score is -0.84, then:

z-score = (x - μ)/σ

-0.84 = (x - 60)/15

-12.6 = x - 60

-x = -60 + 12.6

-x = - 47.4

x = 47.4

<u>The qualifying speed would be 47.4 wpm.</u>

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