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BigorU [14]
3 years ago
6

Work out the balance for £240 invested for 20 years at 7% per annum

Mathematics
1 answer:
Luda [366]3 years ago
5 0

Step-by-step explanation:

It depends in the type on interest

Simple Interest

PxRxT

£240 x 0.07x 3 = £50.4

£240 + £50.4 = £290.4

Compound Interest

Px(1+R)^T

£290.4 x (1 + 0.07)³ = £355.7524872= €355.76

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Let the following sample of 8 observations be drawn from a normal population with unknown mean and standard deviation: 22, 18, 1
BigorU [14]

Answer:

a:  Sample mean: 20, Sample standard deviation: 1.732

b:  19.13 <µ < 20.87

c:  18.84< µ < 21.16

d:  as the confidence level increases, the interval becomes wider

Step-by-step explanation:

a:  Sample mean is found by adding up all the individual values of the sample, then dividing by the total number of values in the sample.  

Sample standard deviation is the square root of the variance

See the first attached photo for the calculations of these values.

We need to create a 80% confidence interval for the population.  Since n < 30, we will use a t-value with degree of freedom of 7 (the degree of freedom is always one less than the sample size.  

Look for the column on the t-distribution chart that has "area in two tails" of 0.20 (80%), and row 7 (degree of freedom)

The t-value is 1.415

See the second attached photo for the construction of the confidence interval

We need to create a 90% confidence interval for the population.  Since n < 30, we will use a t-value with degree of freedom of 7 (the degree of freedom is always one less than the sample size.  

Look for the column on the t-distribution chart that has "area in two tails" of 0.10 (90%), and row 7 (degree of freedom)

The t-value is 1.895

See the third attached photo for the construction of the confidence interval

3 0
3 years ago
Which expression is equivalent to 3(2x−4)+4x−2
Readme [11.4K]
I hope this helps you



3.2x-3.4+4x-2


6x-12+4x-2


10x-14
5 0
3 years ago
Read 2 more answers
A recipe requires 3/4 of a cup of flour.
nalin [4]

Answer:

<h2>168.75 g</h2>

Step-by-step explanation:

the required mass of flour = (3÷4)×225 = 168.75

8 0
3 years ago
4. This box plot shows the number of marks earned by the boys in a class test. What was the lower quartile? 5.This box plot show
suter [353]

Answer:

4-lower- 18

5-upper-29

6- range-56

Step-by-step explanation:

If you look up a completed box plot you can tell where lower and upper quartiles are. Range is found by Max-Min

Hope I helped...!

4 0
3 years ago
My nephew, Oliver, got a new Lego set. He has decided to build it with his friend, Josie. It took them 6 hours to build together
Usimov [2.4K]

Answer:

4 hours

Step-by-step explanation:

If it took them together with a total of 6 hours and Oliver is half as fast meaning Jose is faster it will take Jose 4 hours.

A simple equation is

6= 4+2

And the 2 would be Oliver since Oliver is half as fast.

7 0
2 years ago
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