Answer:
Principal: $6,166.67
Principal: $5,200.00
Explanation:
<u><em>1. $6000 for 50 days at 20% p.a</em></u>
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In 20% pa, pa means "per annum", i.e. "per year".
Assume simple interest:
Interest:
- Interest = Principal × number of days × annual rate / 360
- Interest = $6,000 × 50 × 20% / 360 = $166.67
Principal = principal + interest = $6,000 + $166.67 = $6,166.67
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<u><em>2. $5000 for 5 months at 0.8% per month</em></u>
Assume, again, simple interest.
- interest: 0.80% per month
Interest:
- Interest = Principal × number of months × montly rate
- Interest = $5,000 × 5 × 0.80% = $200.00
Principal = principal + interest = $5,000 + $200.00 = $5,200
You can see that the accrued interests depend on the principal, the interest rate, and the time.
The term in that equation is 3x 7x and -9 hope this helps
Answer:78.396 pounds
Step-by-step explanation:
Answer:
211
Step-by-step explanation:
Answer:
C) 0.19
Step-by-step explanation:
A correlation coefficient is a measure of how well the line of best fit fits the data. The higher the correlation coefficient, up to 1.0 or -1.0, the better the fit. A positive correlation coefficient means an increasing data set, while a negative correlation coefficient means a decreasing data set.
We can see that this line of best fit is increasing, so our correlation coefficient will be positive.
However we can also see that the points are fairly scattered; this means this is not a very good fit. This means that 0.19 is the better fit.
