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Troyanec [42]
3 years ago
15

Jane deposited $10,000 into her bank account in December, 2011. Her account earns interest at a rate of 3% compounded monthly. H

ow much money will she have in December of this year (2019)?
Round your answer to the nearest whole number.

Compound Interest Equation:

A=P(1+r/n)^nt
Mathematics
1 answer:
pantera1 [17]3 years ago
7 0

Answer:

$12,709

Step-by-step explanation:

P = $10,000

r = 3% = 0.03

t = 8 Years

n = Compounded Monthly = 12

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

A = $10,000 [1 + (0.03 / 12)]¹² ˣ ⁸

A = $10,000 [1 + 0.0025]⁹⁶

A = $10,000 [1.0025]⁹⁶

A = $10,000 x 1.270868

A = $12,709

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Suppose that in a random selection of 100 colored candies, 21% of them are blue. The candy company claims that the percentage of
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Answer:

The pvalue of the test is 0.0784 > 0.01, which means that at this significance level, we do not reject the null hypothesis that the percentage of blue candies is equal to 29%.

Step-by-step explanation:

The candy company claims that the percentage of blue candies is equal to 29%.

This means that the null hypothesis is:

H_{0}: p = 0.29

We want to test the hypothesis that this is true, so the alternate hypothesis is:

H_{a}: p \neq 0.29

The test statistic is:

z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}

In which X is the sample mean, \mu is the value tested at the null hypothesis, \sigma is the standard deviation and n is the size of the sample.

0.29 is tested at the null hypothesis:

This means that \mu = 0.29, \sigma = \sqrt{0.29*0.71}

Suppose that in a random selection of 100 colored candies, 21% of them are blue.

This means that n = 100, X = 0.21

Value of the test statistic:

z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}

z = \frac{0.21 - 0.29}{\frac{\sqrt{0.29*0.71}}{\sqrt{100}}}

z = -1.76

Pvalue of the test:

The pvalue of the test is the probability of the sample proportion differing at least 0.21 - 0.29 = 0.08 from the population proportion, which is 2 multiplied by the pvalue of Z = -1.76.

Looking at the z-table, z = -1.76 has a pvalue of 0.0392

2*0.0392 = 0.0784

The pvalue of the test is 0.0784 > 0.01, which means that at this significance level, we do not reject the null hypothesis that the percentage of blue candies is equal to 29%.

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The graph of a proportional relationship contains the point (-30, 18)
Elena L [17]

Answer:

k=-\frac{3}{5}

Step-by-step explanation:

we know that

A relationship between two variables, x, and y, represent a proportional variation if it can be expressed in the form k=\frac{y}{x} or y=kx

In a proportional relationship the constant of proportionality k is equal to the slope m of the line and the line passes through the origin

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so

x=-30, y=18

Find the value of k

k=\frac{y}{x}

substitute

k=\frac{18}{-30}

Simplify

Divide by 6 both numerator and denominator

k=-\frac{3}{5}

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4 years ago
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