9 is 75% of what number?
2 answers:
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The amount he needs to pay is $ 28753.61.
Step-by-step explanation:
Given,
Principal (P) = $ 8000
Time (T) = 10 years
Rate of interest (R) = 13%
The payment will be quarterly so, n = 4
To find the amount of compound interest.
Formula
Amount =
Now,
Putting the values of P, T, n and R we get,
Amount = 8000(
= 28753.61 (approx)
Solution: We are given the population mean
Now, in order to find which shift's mean is closest to population mean, we will find the mean of each shift.
The mean of shift 1 is:
The mean of shift 2 is:
The mean of shift 3 is:
The mean of shift 4 is:
We clearly see the mean of shift 2 is close to the population mean. Hence the option B) Shift 2 is correct.