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Alona [7]
3 years ago
7

How much simple interest would be paid on a loan of 10,170 at 7.64% for 272 days

Mathematics
1 answer:
Anastasy [175]3 years ago
6 0

Answer:

I'll setup the problem and you can compute the answer

Step-by-step explanation:

The formula for simple:

I = P*r*t

I = interest

P = loan amount

r = interest rate per period (period = days)

n = number of periods

P = 10,170

r = .0764/365

t = 272

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Previous concepts

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Solution to the problem

For this case we have the following info related to the time to prepare a return

\mu =90 , \sigma =14

And we select a sample size =49>30 and we are interested in determine the standard deviation for the sample mean. From the central limit theorem we know that the distribution for the sample mean \bar X is given by:

\bar X \sim N(\mu, \frac{\sigma}{\sqrt{n}})

And the standard deviation would be:

\sigma_{\bar X} =\frac{14}{\sqrt{49}}= 2

And the best answer would be

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7 0
3 years ago
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pickupchik [31]

Answer:

The equation of the line is y = -\frac{1}{3}x - 8

Step-by-step explanation:

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The equation of the line is y = -\frac{1}{3}x - 8

5 0
3 years ago
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