Answer:
The principal amont was $35,000
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
In this problem, we have that:
We want to find P. So
The principal amont was $35,000
Answer: The percentage of legal quarters will be rejected by the vending machine = 2.275%
Step-by-step explanation:
Given: The weights of legal U.S. quarters have a normal distribution with a mean of 5.67 grams and a standard deviation of 0.07 gram.
Let x be the weights of legal U.S. quarters .
Required probability:
The percentage of legal quarters will be rejected by the vending machine = 2.275%