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Gekata [30.6K]
3 years ago
9

Taylor invested $650 in an account paying an interest rate of 2.3% compounded

Mathematics
1 answer:
EleoNora [17]3 years ago
5 0

Answer:

Step-by-step explanation:

Given that:

Principal = $650

Interest rate, r = 2.3% = 0.023 compounded daily

Time, t it takes for final amount, A to reach $880

Using the relation :

A = P(1 + r/n)^nt

n = number of times compounded per period

Hence, n = 365

880 = 650(1 + 0.023/365)^365t

880/650 = 1.0000630^365t

1.3538461 = 1.0000630^365t

Take the log

0.1315692 = 0.0000273596 * 365t

0.1315692 = 0.0099862t

t = 0.1315692 / 0.0099862

t = 13.175101

t = 13.18 years a

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3 years ago
Write an equation of the line that goes through the point (6, 12) and has a slope of 2 3 .
Degger [83]

Answer:

3y = 2x + 24

Step-by-step explanation:

The correct question is as follows;

Write an equation of the line that goes through the point (6, 12) and has a slope of 2/3

Solution

Here, we have a point and a slope, and we want to write the equation of the line

The method we shall use here is the point slope method

Mathematically, that will be;

y-y1 = m(x-x1)

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KATRIN_1 [288]
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4) Dan Ariely and colleagues have conducted some extremely interesting studies on cheating (see, for example Mazar, Amir, &amp;
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I've attached the complete question.

Answer:

Only participant 1 is not cheating while the rest are cheating.

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Step-by-step explanation:

We are given;

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Standard deviation; s = 1

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Participant 2: X = 6

Participant 3: X = 7

Participant 4: X = 0

Z - score for participant 1:

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Z-score for participant 2;

z = (6 - 3.3)/1

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Now, from all the participants z-score only participant 1 has a z-score that falls within the 95% confidence interval.

Thus, only participant 1 is not cheating while the rest are cheating.

8 0
3 years ago
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