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2 years ago

Use the simple interest formula to find the interest earned for $347 at 9.63% for 5 years

Mathematics

1 answer:

san4es73 [151]2 years ago

8 0

Answer:

$167.08

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 9.63%/100 = 0.0963 per year,

then, solving our equation

I = 347 × 0.0963 × 5 = 167.0805

I = $ 167.08

The simple interest accumulated

on a principal of $ 347.00

at a rate of 9.63% per year

for 5 years is $ 167.08.

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The Candela brothers own two pizza restaurants, one on Park Street and one on Bridge Road.

koban [17]

The mean, median and mode are measures of central tendency, that is they tend to indicate the location middle of the data

Required values;

(a) The performance for the week for Park Street

Revenue is Q₂ < $7,500 < Q₃

The sales for the week is better than 72.91% of all sales

The performance for the week for Bridge Road

Revenue; Q₂ < $7,100 < Q₃

The sale for the week is better than 59.87% of all sales

(b) The mean is $3611

The median is $3,600

The standard deviation is $3250

The Interquartile range is $6075

Reason:

The table of values that maybe used to find a solution to the question is given as follows;

$\begin{array}{|l|l|l|}\mathbf{Variable} &\mathbf{Park}&\mathbf{Bridge}\\N&36&40\\Mean&6611&5989\\SE \ Mean&597&299\\StDev&3580&1794\\Minimum&800&1800\\Q_1&3600&5225\\Median&6600&6000\\Q_3&9675&7625\\Maximum&14100&8600\end{array}\right]$

(a) Park Street revenue = $7,500

Bridge Road's revenue = $7,100

The two stores sold close to but below the 75th percentile

Bridge Road revenue;

The z-score is given as follows;

$Z = \dfrac{x - \mu }{\sigma }$

$Z = \dfrac{7100 - 5,989 }{1794 } \approx 0.6193$

From the Z-Table, we have;

The percentile= 0.7291

Therefore, the sale for the week for Park Street is better than 72.91% of all the sales

Park Street revenue;

The z-score is given as follows;

$Z = \dfrac{7500 - 6611}{3580} \approx 0.25$

From the Z-Table, we have;

The percentile = 0.5987

Therefore, the sale for the week is better than 59.87 % of all the sales

(b) Given that the operating cost is $3,000, frim which we have;

The subtracted value is subtracted from the mean and median to find the new value

Profit = The revenue - Cost

New mean = 6611 - 3000 = 3611

The new mean = $3,611

The new median = 6600 - 3000 = 3600

The new median = $3,600

The standard deviation and the interquartile range remain the same, therefore, we have;

The standard deviation = $3,580

The interquartile range = 9675 - 3600 = 6075

The interquartile range = 6075

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1 year ago

What is a real world word problem for 57.5=p(250)

sladkih [1.3K]

If p(x) is a function, then a real-world example might be

The amount of fish food, in grams required for the giant koi fish in the pond can be represented by the function $p(f)=\frac{f}{50} +7.5$ . If there are 50 fish, how many grams of fish food will you need?

$p(250)=\frac{250}{50} +7.5$
$p(250)=50 +7.5$
$p(250) = 57.5$

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3 years ago

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Which equation represents the line that passes through the points (-5,2) and (9,0)

V125BC [204]

Step-by-step explanation:

Given points 

( -5 , 2) and (9 , 0)

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= ( y2 - y1) / ( x2 - x1) 

= ( 0-2) / ( 9+5)

= -2 / 14

= -1/7

Now The equation of line is given by 

y - y1 = m ( x - x1) 

y -2 = -1/7 (x + 5)

7( y - 2) = -1(x + 5)

7y - 14 = -x -5

x + 7y -14 +5 = 0

x + 7y - 9 = 0 

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3 years ago

Josh has 124 ounces of candy. How many pounds of candy does Josh have?

Elenna [48]

Answer:

7.75 pounds

Step-by-step explanation:

16 ounces equals 1 pound so divide 16 by 124 to get 7.75

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3 years ago

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In five consecutive tosses of a coin, what is the probability of not getting a tail until the 5th coin toss?

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The proabability would be 50% always

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