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Nataliya [291]
3 years ago
11

$8,000 was deposited into an account that was compounded annually at 6% interest over 7 years. How much interest was earned on t

he account? Interest=(
Mathematics
1 answer:
kipiarov [429]3 years ago
8 0

Answer:$4029

Step-by-step explanation:

Given

Principal amount P=\$8000

Interest rate R=6\%

Time period T=7\ yr

Amount after T years is given by

A=P[1+R\%]^T

Put values

\Rightarrow A=8000[1+0.06]^7\\\Rightarrow A=\$12,029

Interest is the difference of amount and principal, that is

\Rightarrow C.I.=12,029-8000=\$4029

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Answer:

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Step-by-step explanation:

The correlation coefficient measures the strength of relationship between two quantitative variables. In the given scenario correlation between sex of American workers and their income is computed and indicated that there is a high correlation between them. The sex of American worker is a categorical variable or a qualitative variable while income of American worker is a quantitative variable. The correlation between a quantitative variable and a qualitative variable can't be computed. So, the statement explains the blunder in the given scenario is "Correlation requires both variables to be quantitative".

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Answer:

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Step-by-step explanation:

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asambeis [7]
Note --> As you're writing 'zeroes' , I assume there is a typing mistake and you've given a Quadratic equation in the question

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The graph attached confirms the same ,

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The answers to the questions

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