Answer:
4%/ a interest compounded semi-annually
Step-by-step explanation:
The option that gives the lower interest rate payment would be more appropriate. to determine this calculate the effective interest rate
Effective annual rate = (1 + APR / m ) ^m - 1
M = number of compounding
(1 + 0.04/2)^2 - 1 = 4.04%
(1 + 0.04/12)^12 - 1 = 4.07%
the choice should be 4%/ a interest compounded semi-annually
Answer: 15
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Step-by-step explanation:
Well we know that he sold 20 glasses every hour. if h is the number of hours he worked we know the expression would be 20h
1 hr = 20 glasses
2 hr = 40 glasses
3 hr = 60 glasses
Keep the pattern going to figure out which hour he got his 100th glass sold.
Using the normal distribution relation, the probability that sample will exceed the weight limit is 0.004
<u>Using the relation</u> ::
The mean, μ = np = (162 × 19) = 3078
The standard deviation, σ = 28 × √19 = 122.049
<u>The Zscore</u> :
Zscore = (3401 - 3078) ÷ (122.049)
Zscore = 2.65
Hence,
P(Z > 2.65) = 1 - P(Z < 2.65)
Using a normal distribution table :
P(Z > 2.65) = 1 - 0.9959
P(Z > 2.65) = 0.004
Learn more : brainly.com/question/25204474