Answer:
0.09
Step-by-step explanation:
So if you use the Simple interest equation it will begin with:
Interest total = Initial Amount of money x Interest rate per year x Years money is invested for.
Then substitute the values you have been given so:
$6300 = 7000 x Interest rate per year x 10.
This is simplifies to 6300 = 70,000 x Annual Interest rate
You can rearrange this to find the annual interest rate by dividing by 70,000:
Simplifying this would be:
= Interest rate.
The interest rate is 0.09.
Answer:
I do not
Step-by-step explanation:
Answer:
The reading speed of a sixth-grader whose reading speed is at the 90th percentile is 155.72 words per minute.
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean 
and standard deviation 
, the zscore of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:
What is the reading speed of a sixth-grader whose reading speed is at the 90th percentile
This is the value of X when Z has a pvalue of 0.9. So it is X when Z = 1.28.
The reading speed of a sixth-grader whose reading speed is at the 90th percentile is 155.72 words per minute.
200, because 8% is 8 parts of 100%. Then 1 part of that 100% is 16/8=2. Then 100% is the number i.e; 200
