Answer:
13.1%
Step-by-step explanation:
Principal value of the loan = $550
Maturity Value of the loan = $560
Let the rate of simple interest = R
Time = 50 days = years
Simple Interest = Maturity Value - Principal Value = $560 - $550 = $10
But Simple Interest =
Substituting,
Answer: She can buy up to 2 bags of nuts
Step-by-step explanation:
Hi, to answer this question we have to write an inequality:
The product of the number of bags of nuts bought (n) and the price per bag (5.70); plus the price of one box of cookies (4.25) must be less or equal to Annie's money (18).
5.70n +4.25 ≤18
Solving for x:
5.70n ≤18 -4.25
5.70n ≤13.75
n ≤13.75/5.70
n ≤2.41
n ≤2 (rounded)
She can buy up to 2 bags of nuts
Answer:
And the z score for 0.4 is
And then the probability desired would be:
Step-by-step explanation:
The normal approximation for this case is satisfied since the value for p is near to 0.5 and the sample size is large enough, and we have:
For this case we can assume that the population proportion have the following distribution
Where:
And we want to find this probability:
And we can use the z score formula given by:
And the z score for 0.4 is
And then the probability desired would be:
The answer is $44 would have been earned in two weeks