Answer:
-7
Step-by-step explanation:
8x - 2 = 7x - 9
8x - 2 - 7x = 7x - 9 - 7x
x - 2 = -9
x - 2 + 2 = -9 + 2
x = -7
8 + 24 / 2 X 6 - 4
following order of operations divide 24 by 2:
8 + 12 x 6 -4
Multiply 12 by 6:
8 + 72 -4
Add 8 and 72:
80-4
Subtract to get 76
Answer:
The best point estimate for the mean monthly car payment for all residents of the local apartment complex is $624.
Step-by-step explanation:
The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean 
and standard deviation 
, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean and standard deviation 
.
In this question:
We apply the inverse Central Limit Theorem.
The mean monthy car payment for 123 residents of the local apartment complex is $624.
So, for all residents of the local apartment complex, the best point estimate for the mean monthly car payment is $624.
Answer:
#a. $80
#b. $1680
Step-by-step explanation:
We are given;
- Amount invested (principal) is $1600
- Rate of interest is 5%
- Time = 1 year
We are required to determine the amount of simple interest earned and the amount or balance in the account after 1 year.
#a. Interest earned
To calculate simple interest we use the formula;
I = (PRT) ÷ 100
Where, P is the principal, R is the rate, T is the time and I is the simple interest.
Therefore;
I = (1600 × 5 × 1) ÷ 100
= $80
Therefore, simple interest earned is $80
#b. Balance of the account (Amount accrued)
We are going to use the formula;
A = P + I , where A is the amount accrued, P is the principal and I is the simple interest earned.
Therefore;
Account balance = $1600 + $80
= $1680
Thus, the account balance after 1 year will be $1680
