Step-by-step explanation:
y int is -9. to graph slope think a our rise/run. change in y / change in x. move 5 units up per 3 units right. it's a positive slope to the graph is increasing towards the right
Answer:
68% of an investment earning a return between 6 percent and 24 percent.
Step-by-step explanation:
The Empirical Rule states that, for a normally distributed random variable:
68% of the measures are within 1 standard deviation of the mean.
95% of the measures are within 2 standard deviation of the mean.
99.7% of the measures are within 3 standard deviations of the mean.
In this problem, we have that:
Mean = 15
Standard deviation = 9
How likely is it to earn a return between 6 percent and 24 percent?
6 = 15 - 1*9
6 is one standard deviation below the mean
24 = 15 + 1*9
24 is one standard deviation above the mean
By the empirical rule, there is a 68% of an investment earning a return between 6 percent and 24 percent.
Using the formula for simple interest, it is found that he paid $119.87 in interest.
The<u> simple interest formula</u> is given by:
- E is the amount of interest earned.
- P is the principal(the amount of money invested).
- I is the interest rate(yearly, as a decimal).
- t is the time, in years.
In this problem:
- Borrowed $2,700, thus
- Interest rate of 3.5%, thus
- From December 26, 2019 to February 21, 2021, there were 423 days, thus the time in years is
Thus, the interest paid was of:
$119.87.
A similar problem is given at brainly.com/question/9593067
