Answer:
Interest = $75
Total to pay back = $375
Step-by-step explanation:
The total amount she will have to pay back is found by the formula:
= Amount borrowed * (1 + rate * years)
= 300 * ( 1 + 5% * 5)
= $375
The interest is therefore:
= Amount to be paid back - Amount borrowed
= 375 - 300
= $75
Answer:
500 people took the survey.
Step-by-step explanation:
12 divided by 3 is 4 and 15 divided by 3 is 5. that means 4 of every 5 people prefer restaurants. Multiply that by 100 and you get 400 of every 500 people prefer restaurants. Hope this helps!
There will be 6 stamps at Week 8 because the pattern is the stamp will increase 2 stamps then decrease 1 stamp consecutively.
Answer:
u = 4.604 , s = 2.903
u' = 23.025 , s' = 6.49
Step-by-step explanation:
Solution:
- We will use the distribution to calculate mean and standard deviation of random variable X.
- Mean = u = E ( X ) = Sum ( X*p(x) )
u = 1*0.229 + 2*0.113 + 3*0.114 + 4*0.076 + 5*0.052 + 6*0.027 + 7*0.031 + 8*0.358.
u = 4.604
- Standard deviation s = sqrt ( Var ( X ) = sqrt ( E ( X^2) + [E(X)]^2
s = sqrt [ 1*0.229 + 4*0.113 + 9*0.114 + 16*0.076 + 25*0.052 + 36*0.027 + 49*0.031 + 64*0.358 - 4.604^2 ]
s = sqrt ( 8.429184 )
s = 2.903
- We will use properties of E ( X ) and Var ( X ) as follows:
- Mean = u' = E (Rate*X) = Rate*E(X) = $5*u =
u' = $5*4.605
u' = 23.025
- standard deviation = s' = sqrt (Var (Rate*X) ) = sqrt(Rate)*sqrt(Var(X)) = sqrt($5)*s =
s' = sqrt($5)*2.903
u' = 6.49
