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Sunny_sXe [5.5K]
3 years ago
13

the $700 you put into the bank is being continuously at 1.2%. how much will it be worth after 3 years?

Mathematics
1 answer:
Olin [163]3 years ago
7 0

Answer:

$983.45

Step-by-step explanation:

Given data

Principal= $700

Rate= 1.2%

Time= 3 years

The compound interest expression is given as

A= P(1+r)^t

A= 700(1+0.12)^3

A= 700(1.12)^3

A= 700*1.404928

A=$983.45

Hence the balance will be $983.45

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Step-by-step explanation:

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Weiming receives a weekly pocket money of $28. If he decides to save 20% of it, find his saving in a year and spendings in a yea
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Welming's spending is $1164.8 and his savings is $291.2

<h3>How to determine the savings and the spending?</h3>

The given parameters are:

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There are 52 weeks in a year.

So, the yearly pocket is:

Yearly pocket = $28 * 52

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His spending is then calculated as:

Spending = $1456 - $291.2

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2 years ago
A researcher collated data on Americans’ leisure time activities. She found the mean number of hours spent watching television e
ikadub [295]

The value of the z statistic for the considered data is given by: Option A: -3.87 approximately.

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If we're given that:

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  • Sample size = n
  • Population mean = \mu
  • Sample standard deviation = s

Then, we get:

z = \dfrac{\overline{x} - \mu}{s}

If the sample standard deviation is not  given, then we can estimate it(in some cases) by:

s = \dfrac{\sigma}{\sqrt{n}}

where \sigmapopulation standard deviation

For this case, we're specified that:

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z = \dfrac{\overline{x} - \mu}{\sigma/\sqrt{n}} = \dfrac{2.3- 2.7}{0.4/\sqrt{15}} \approx -3.87

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3 years ago
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Answer:

(4,5)

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Initial location of Joshua in the shopping mall is expressed according to the coordinate (12, -5)

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