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erastova [34]
3 years ago
13

Hector's parents started saving money for his college education when Hector was six. If they save $400 per month at a credit uni

on account, paying 2.5% interest compounded daily, how much will Hector have for college expenses 12 years later?
Mathematics
1 answer:
s344n2d4d5 [400]3 years ago
4 0

Answer:

$539.94

Step-by-step explanation:

The formula for calculating future value:

FV = P (1 + r/m)^mn

FV = Future value  

P = Present value = $400

R = interest rate = 2.5/ 365

N = number of years = 12 x 365

$400 x ( 1 + 0.025/365)^4380 = $539.94

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ankoles [38]
Can you answer the question in blue please
6 0
3 years ago
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postnew [5]
40*8.75 is 350*4=1400
36*4= 144
1400-144=$1,256 after tax deductions
8 0
3 years ago
A 48 in, by 36 in. poster is reduced to an image that is 8 in. by 6 in. in size to be used for a flyer. What is the scale factor
oee [108]
Before we solve, let's define what a scale factor is. A scale factor is a certain number that can be multiplied or divided by to get a smaller or bigger image that's similar to the current image.

We have 48 by 36 as our original.
It has been reduced to an 8 by 6.

This means we must divide.

Before we get into any complicated ideas, if any, let's try a simple trick.
Divide 48 by 8 and 36 by 6. This should give us a scale factor if they give us the same quotients.

48 / 8 = 6
36 / 6 = 6

It turns out our scale factor is 1/6 (the same as dividing by 6).
The answer cannot be 1/8 because 36 / 8 doesn't give us 8 as a quotient.
The answer also cannot be 6 because we'd have to mutliply our current sides by 6 to get the new image, which it was the opposite.

By elimination and work shown, A.) 1/6 is the correct answer.

I hope this helps!
6 0
3 years ago
I NEED HELP ASAP
SIZIF [17.4K]

Answer:

It is not reasonable that the state education department claims the percentage for the entire state is 73%.

Step-by-step explanation:

We are given that 191 of the 288 high school students surveyed at a local school said they went outside more during school hours as elementary school students than they do now as high school students.

Firstly, the pivotal quantity for finding the confidence interval for the population proportion is given by;

                         P.Q.  =  \frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }  ~ N(0,1)

where, \hat p = sample proportion of high school students who went outside more during school hours as elementary school students than they do now as high school students =  \frac{191}{288} = 0.66

           n = sample of high school students = 288

            p = population percentage for the entire state

<em> Here for constructing a 90% confidence interval we have used a One-sample z-test for proportions. </em>

<em> </em>

The margin of error is given by;

       M.E.  =  2 \times \sqrt{\frac{\hat p(1-\hat p)}{n} }

                =  2 \times \sqrt{\frac{0.66(1-0.66)}{288} }

      M.E.  =  0.056 or 5.6%

So, the confidence interval so formed = \hat p \pm \text{Margin of error}

                                                                = [0.66 - 0.056 , 0.66 + 0.056]

                                                                = [0.604, 0.716]

Since the above interval does not include 0.73 or the population proportion of 73% falls outside the above interval. So, it is not reasonable that the state education department claims the percentage for the entire state is 73%.

4 0
3 years ago
Carter and Sani each have the same number of marbles. Sani's little sister comes in and takes some of
Minchanka [31]

Answer:

The first answer is 14 marbles.

The second answer is 4 marbles.

Step-by-step explanation:

1. Add as many marbles needed to Carter's pile to match the amount of marbles with Sani's amount to get both amounts to be even.

2. The number of marbles you moved to Carter's pile to make both amounts even is the answer to the second question.

7 0
3 years ago
Read 2 more answers
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