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Vinvika [58]
3 years ago
15

Mark deposits $12000 into an account that pays 4% interest, compounded annually, for 5 years. Saul deposits $10000 into an accou

nt that pays 6% interest, compounded annually, for 8 years. Assuming no additional deposits are made, compare the interest earned on the accounts at the end of the interest period for each.
Mathematics
1 answer:
Zepler [3.9K]3 years ago
4 0

Answer:

mark=$2400 &Saul=$4800

Step-by-step explanation:

For mark:

p=$12000

r=4%

t=5 years

I=prt/100

12000*4*5/100= 2400

For Saul:

p=$10000

r=6%

t=8 years

SI=prt/100

10000*6*8/100= 4800

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3 years ago
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The diameters of ball bearings are distributed normally. The mean diameter is 83 millimeters and the standard deviation is 3 mil
Alenkinab [10]

Answer:

0.2514 = 25.14% probability that the diameter of a selected bearing is greater than 85 millimeters.

Step-by-step explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

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 pvalue, we get the probability that the value of the measure is greater than X.

In this question, we have that:

\mu = 83, \sigma = 3

Find the probability that the diameter of a selected bearing is greater than 85 millimeters.

This is 1 subtracted by the pvalue of Z when X = 85. Then

Z = \frac{X - \mu}{\sigma}

Z = \frac{85 - 83}{3}

Z = 0.67

Z = 0.67 has a pvalue of 0.7486.

1 - 0.7486 = 0.2514

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3 years ago
6% sales tax, hotel charges $265 find cost before tax?
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265 - 15.9 = 249.1

249.1 is your answer

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3 years ago
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