Answer:
the answer depends on which type of interest we use:
- simple interest rate = 24%
- compound interest rate = 26.82%
Step-by-step explanation:
the interest rate paid for holding the cards one month 1/50 or 2%.
to convert 2% monthly interest rate to a simple annual rate:
monthly rate x 12 months = 2% x 12 = 24%
now to convert 2% monthly interest rate to an annual rate (using compound interest):
- = (1 + r)ⁿ - 1
- = (1 + 0.02)¹² - 1 = 1.2682 - 1 = 0.2682 or 26.82%
in compound interest, earned interest earns even more interest by itself besides the interest earned by the principal.
Answer:
And we can find this probability using the normal standard table or excel and we got:
The figure shows the calculation for this case.
Step-by-step explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".
Solution to the problem
Let X the random variable that represent the hardness of a population, and for this case we know the distribution for X is given by:
Where 
and 
We are interested on this probability
And the best way to solve this problem is using the normal standard distribution and the z score given by:
If we apply this formula to our probability we got this:
And we can find this probability using the normal standard table or excel and we got:
The figure shows the calculation for this case.
Answer:
you have to look at the chart and use the chart to answer the questions at the botttom
Step-by-step explanation:
Answer : The different is, find BC - AC and find AC + CB, find AB and find CA + BC are same.
Step-by-step explanation :
As see that, AB is a line segment in which point C is represented in between the line.
As we are given that:
AC = 3
CB = 7
So,
AC + CB = 3 + 7 = 10
Similarly,
CA + BC = 3 + 7 = 10
Similarly,
AB = AC + CB = 3 + 7 = 10
But,
BC - AC = 7 - 3 = 4
From this we conclude that, find AC + CB, find AB and find CA + BC are same things while find BC - AC is a different thing.
Hence, the different is, find BC - AC and find AC + CB, find AB and find CA + BC are same.
