Please look at the image

Suppose you take $25,000 and deposit some of it into a savings account that pays 2.2% interest. You then take the rest of the mo

FromTheMoon [43]

Answer:

The amount deposited in the savings account is $11,494.12

The amount deposited in the CD account is $13,505.88

Step-by-step explanation:

Firstly, let’s calculate the amount of interest;

Interest = Amount at end of 10 years - amount deposited= 31,648 -25,000 = 6,648

Let the amount deposited in the savings account be $x while the amount deposited in the CD account be $y

Mathematically;

x + y = 25,000 ••••••••••(i)

Now the formula for simple interest is;

PRT/100

where P is the amount deposited, r is the rate and T is the time

On the savings account, amount of interest generated will be;

(x * 2.2 * 10)/100 = 22x/100

On the CD act, amount of interest generated will be;

(y * 3.05 * 10)/100 = 30.5y/100

The addition of both give the total interest;

22x/100 + 30.5y/100 = 6648

Multiply through by 100

22x + 30.5y = 664800 •••••••(ii)

From i, x = 25,000 - y

Substitute this into ii

22(25000-y) + 30.5y = 664800

550,000 -22y + 30.5y = 664,800

8.5y = 664,800-550,000

8.5y = 114,800

y = 114,800/8.5

y = $13,505.88

x = 25,000 -y

x = 25,000 - 13,505.88

x = $11,494.12

3 0

4 years ago

In a poll, 74% of the people polled answered yes to the question "Are you in favor of the death penalty for a person convicted o

Maksim231197 [3]

Answer:

324

Step-by-step explanation:

given that in a poll, 74% of the people polled answered yes to the question "Are you in favor of the death penalty for a person convicted of murder?"

i.e. Sample proportion $p=0.74\\q =1-p =0.26\\$

Margin of error = 4% = 0.04

Confidence level =90%

Z critical value for 90% = 1.645

Margin of error = 1.645 * std error

Hence std error = $\frac{0.04}{1.645} \\=0.0243$

Std error is also equal to

$\sqrt{\frac{pq}{n} } =\sqrt{\frac{0.74(0.26)}{n} } =0.0243\\\sqrt{n} =18..05\\n = 325.83~324$

Sample size should be 324.

The formula is sample size = (Z critical value)^2 (pq)/(Margin of error )^2

3 0

3 years ago

Ms. Hernandez gave her students a math test

emmainna [20.7K]

Answer:

85-86%

Step-by-step explanation:

Make it an equation

You want to find the percent out of a hundred, so 42 is 100 since it is all of the questions and 36 is the unknown percent X

36/42 = X/100

36 X

42 100

Cross multiply

Do math and solve for X

36 x 100 = 42 x X

3600=42X

X=85.71

7 0

2 years ago

Juan fode his bike 2/3 mile to school,1/3 mile to the library,2/3 mile home far did he ride altogether

Viktor [21]

Answer:1 2/3

Step-by-step explanation:

2/3+1/3+2/3=5/3=1 2/3

7 0

3 years ago

How are translation and an image related?

Effectus [21]

a term related to machine translation services for mobile devices (mobile translation). Image translation refers to an additional service provided by mobile translation applications where the user can take a photo of some printed text (menu list, road sign, document etc.), apply optical character recognition (OCR) technology to it to extract any text contained in the image, and then have this text translated into a language of their choice.

5 0

3 years ago