Answer:
Difference= $3,090.15 in favor of compounded interest
Step-by-step explanation:
Giving the following information:
Present value (PV)= $8,500
Ineterest (i)= 0.025/12= 0.00208
Number of periods (n)= 360 months
<u>We will calculate the future value of each option and determine the difference:</u>
<u>Simple interest:</u>
FV= (PV*i*n) + PV
FV= (8,500*0.00208*360) + 8,500
FV= $14,864.8
<u>Compounded interest:</u>
FV= PV*(1+i)^n
FV= 8,500*(1.00208^360)
FV= $17,958.95
Difference= $3,090.15
Answer:
x ≤ 12.83
(Any number under or equal to 12.8333...)
Step-by-step explanation:
154 ≥ 12x
12.833.... ≥ x
x ≤ 12.83
Answer:
Step-by-step explanation:
Information provided
n=100 represent the random sample taken
X=21 represent the number of bags overfilled
estimated proportion of overfilled bags
is the value that we want to test
z would represent the statistic
Hypothesis
We need to conduct a hypothesis in order to test if the true proportion of overfilled bags is higher than 0.15.:
Null hypothesis:
Alternative hypothesis:
The statistic for this case is:
(1)
And replacing the info given we got:
Answer:
-6x^2+x+8
Step-by-step explanation:
Add -1 and 9 because they are the only like terms
Answer:
84 seconds
Step-by-step explanation:
Because if you divide all of that you would get that answer