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2 years ago

If I invest $1,000 at an 8.5% interest rate, how much money will I earn over 6 years?

Mathematics

2 answers:

Taya2010 [7]2 years ago

6 0

Answer:

$510

Step-by-step explanation:

kompoz [17]2 years ago

5 0

6,000$

if the answer is wrong i am sorry :(

You might be interested in

7) Find the perimeter of triangle ABC. Round all answers to the nearest tenth.[6 points)

dsp73

Answer: 14.6

Step-by-step explanation:

I made a square around the triangle which I then counted the squares, found the Pythagorean theorem, and then added the missing sides together

6 0

3 years ago

Write -12 in the improper fraction form.

nydimaria [60]

Answer:

$\frac{-12}{1}$

Step-by-step explanation:

An Improper Fraction has a top number larger than (or equal to) the bottom number.

To convert a whole number -12 into an improper fraction we can divide the whole number by one to turn it into a temporary fraction.

$\frac{-12}{1}$

Also we could multiply and divide -12 by another number greater than one, for example:

$\frac{-12*2}{1*2} = \frac{-24}{2}$

There are several ways we can write -12 in the improper fraction form.

6 0

3 years ago

A researcher finds that of 1000 people who said that they attend a religious service at least once a week, A stopped to help a p

Ne4ueva [31]

Answer:

There is enough evidence to support the claim that the proportions are not equal. (P-value: 0.048).

Step-by-step explanation:

The question is incomplete:

"A researcher finds that of 1000 people who said that they attend a religious service at least once a week, 31 stopped to help a person with car trouble. Of 1200 people interviewed who had not attended a religious service at least once a month, 22 stopped to help a person with car trouble. At the 0.05 significance level, test the claim that the two proportions are different."

This is a hypothesis test for the difference between proportions.

The claim is that the proportions are not equal.

Then, the null and alternative hypothesis are:

$H_0: \pi_1-\pi_2=0\\\\H_a:\pi_1-\pi_2\neq 0$

The significance level is 0.05.

The sample 1, of size n1=1000 has a proportion of p1=0.031.

$p_1=X_1/n_1=31/1000=0.031$

The sample 2, of size n2=1200 has a proportion of p2=0.018.

$p_2=X_2/n_2=22/1200=0.018$

The difference between proportions is (p1-p2)=0.013.

$p_d=p_1-p_2=0.031-0.018=0.013$

The pooled proportion, needed to calculate the standard error, is:

$p=\dfrac{X_1+X_2}{n_1+n_2}=\dfrac{31+22}{1000+1200}=\dfrac{53}{2200}=0.024$

The estimated standard error of the difference between means is computed using the formula:

$s_{p1-p2}=\sqrt{\dfrac{p(1-p)}{n_1}+\dfrac{p(1-p)}{n_2}}=\sqrt{\dfrac{0.024*0.976}{1000}+\dfrac{0.024*0.976}{1200}}\\\\\\s_{p1-p2}=\sqrt{0+0}=\sqrt{0}=0.007$

Then, we can calculate the z-statistic as:

$z=\dfrac{p_d-(\pi_1-\pi_2)}{s_{p1-p2}}=\dfrac{0.013-0}{0.007}=\dfrac{0.013}{0.007}=1.98$

This test is a two-tailed test, so the P-value for this test is calculated as (using a z-table):

$P-value=2\cdot P(z>1.98)=0.048$

As the P-value (0.048) is smaller than the significance level (0.05), the effect is significant.

The null hypothesis is rejected.

There is enough evidence to support the claim that the proportions are not equal.

6 0

3 years ago

If you roll 3 dice (one white, one black, and one red), find the probability that

zheka24 [161]

respon en los comentario y escribe bien la pregunta para responderte

respond in the comments and write the question well to answer

3 0

3 years ago

Order of operations 6 + 24 ÷ 3-2

erastovalidia [21]

Answer:

Step-by-step explanation:

(6+24÷3)−2

(6+8)−2

14−2

6 0

3 years ago

Read 2 more answers