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abruzzese [7]
3 years ago
15

Belle borrowed $18.275 to buy a new car. The interest rate she agreed to pay is 5%. If she takes 5 years to pay back the loan, h

ow much will she owe?​
Mathematics
2 answers:
mamaluj [8]3 years ago
4 0

Answer:

$22843.75

Step-by-step explanation:

I'm assuming that $18.275 is $18,275

First, converting R percent to r a decimal

r = R/100 = 5%/100 = 0.05 per year,

then, solving our equation

I = 18275 × 0.05 × 5 = 4568.75

I = $ 4,568.75

The simple interest accumulated

on a principal of $ 18,275.00

at a rate of 5% per year

for 5 years is $ 4,568.75.

Ivahew [28]3 years ago
4 0

Answer:

$95943.75

Step-by-step explanation:

(assuming that its actually 18,275 and not 18.275)

18,275*1.05(5)

the amount borrowed (18,275)* the interest rate (1.05) *the number of years (5)

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Answer:

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Step-by-step explanation:

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Answer:

t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}  (1)  

Replacing the info given we got:

t=\frac{9.41-9.33}{\frac{0.24}{\sqrt{81}}}=3    

Step-by-step explanation:

Information given

\bar X=9.41 represent the sample mean

s=0.24 represent the sample standard deviation

n=81 sample size  

\mu_o =9.33 represent the value to verify

\alpha=0.05 represent the significance level

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p_v represent the p value

Hypothesis to test

We want to test if the true mean is higher than 9.33, the system of hypothesis would be:  

Null hypothesis:\mu \leq 9.33  

Alternative hypothesis:\mu > 9.33  

The statistic is given by:

t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}  (1)  

Replacing the info given we got:

t=\frac{9.41-9.33}{\frac{0.24}{\sqrt{81}}}=3    

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3 years ago
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emmasim [6.3K]

Answer:

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Step-by-step explanation:

sorry if it's wrong

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Answer:

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Step-by-step explanation:

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