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Mashcka [7]
3 years ago
10

Kenise will begin college as a freshman next fall and has received a 10-year $5,500 Federal Direct Unsubsidized Loan with an int

erest rate of 6.8%. She will be required to begin making payments six months after graduation. How much interest will accrue while she is still in school and over the six-month grace period? Please round to the nearest dollar. Do not include the dollar sign.
Mathematics
1 answer:
IceJOKER [234]3 years ago
5 0

Answer: $‭3,927‬

Step-by-step explanation:

The interest will accrue as a simple interest rate for 10 years and then the grace period of six months.

The total time is therefore: 10.5 years.

Interest for those 10.5 years is:

= Loan amount * No. of periods * interest rate

= 5,500 * 10.5 * 6.8%

= $‭3,927‬

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A researcher surveyed 150 high school students and found that 68% played a musical insturment. What would be a reasonable range
maria [59]

Answer:

The reasonable range for the population mean is (61%, 75%).

Step-by-step explanation:

The interval estimate of a population parameter is an interval of values that consist of the values within which the true value of the parameter lies with a certain probability.

The mean of the sampling distribution of sample proportion is, \hat p.

One of the best interval estimate of population proportion is the 95% confidence interval for proportion,

CI=\hat p \pm z_{\alpha/2}\sqrt{\frac{\hat p(1-\hat p)}{n}}

Given:

n = 150

\hat p = 0.68

The critical value of <em>z</em> for 95% confidence level is:

z_{\alpha/2}=z_{0.05/2}=z_{0.025}=1.96

Compute the 95% confidence interval for proportion as follows:

CI=\hat p \pm z_{\alpha/2}\sqrt{\frac{\hat p(1-\hat p)}{n}}

     =0.68\pm1.96\sqrt{\frac{0.68(1-0.68)}{150}}\\\\=0.68\pm 0.0747\\\\=(0.6053, 0.7547)\\\\\approx (0.61, 0.75)

Thus, the reasonable range for the population mean is (61%, 75%).

5 0
4 years ago
A circle of 5 cm radius is drawn, and another circle 3 cm radius is drawn. What is the radius of a circle that has the same area
wariber [46]

Answer:

4 cm

Step-by-step explanation:

8 0
3 years ago
What is the equation of this line in slope-intercept form?
Anna11 [10]

Answer:

<em>y = -3x + 2</em>

Step-by-step explanation:

From the graph, you see the line intersects the y-axis at y = 2, so the y-intercept is b = 2.

Now we need the slope. We need to find the number of vertical and horizontal units to go from one point to the other. Starting at point (-1, 5), go down 6 units and then go right 2 units. The change in y is -6. The change in x is 2. slope = m = (change in y)/(change in x) = -6/2 = -3.

m = -3; b = 2

y = mx + b

y = -3x + 2

4 0
3 years ago
Round 845,152 to the nearest ten thousand.
VMariaS [17]

Answer:

850000

Step-by-step explanation:

0\/4,round down.

5/\9,round up

8 0
3 years ago
Read 2 more answers
Solve x TN = 8 nV =x - 2?
AleksandrR [38]

Answer:

10

Step-by-step explanation:

STUV is a parallelogram.

TV and SU are its diagonals intersecting at point N.

Diagonals of a parallelogram bisects each other.

Therefore, TN = NV

8 = x - 2

8 + 2 = x

10 = x

x = 10

7 0
3 years ago
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