Answer:
It is a simple interest account
Step-by-step explanation:
As we might see from the given earnings, the amount of money he earned each year is the same as in the previous year. This means that the amount of money is growing linearly instead of exponentialy. This is characteristic to a simple interest account, which is found by using the formula:
I=Prt
where I = interest earned.
P = principal
r = Interest rate
t = time in years,
if we use this formula to calculate the amount of money earned after t years, we can see it will be the same as the values reported:
I=$300(0.02/year)(1year)=$6
I=$300(0.02/year)(2years)=$12
I=$300(0.02/year)(3years)=$18
So this simple interest account.
Answer:
the probability that five randomly selected students will have a mean score that is greater than the mean achieved by the students = 0.0096
Step-by-step explanation:
From the five randomly selected students ; 160, 175, 163, 149, 153
mean average of the students = 160+175+163+149+153/5
= mean = x-bar = 800/5
mean x-bar = 160
from probability distribution, P(x-bar > 160) = P[ x-bar - miu / SD > 160 -150.8 /3.94]
P( Z>2.34) = from normal Z-distribution table
= 0.0096419
= 0.0096
hence the probability that five randomly selected students will have a mean score that is greater than the mean achieved by the students = 0.0096
where SD = standard deviation = 3.94 and Miu = 150.8
Answer: exact form: 7/5
Decimal form: 1.4
Mixed form: 1 2/5
Step-by-step explanation:
The answer is miles. I'll use decimals in my explanation.
23.25 divided by 0.2 equals 116.25
116.25 multiplied by 65 equals 7556.25
7556.25 divided by 5280 equals 1.43110795455
Rounded to the nearest tenth that's 1.4
Hope it helped.