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chubhunter [2.5K]
2 years ago
5

You are starting a savings account for college. You put $1,000 in as your starting balance. You earn simple interest at 10% ever

y year. You also must pay 30% income tax on the interest earned annually. Calculate the interest, balance, tax paid, and the overall balance of the account after taxes.
Mathematics
1 answer:
Brums [2.3K]2 years ago
7 0

Answer:

— Use NerdWallet to find a better bank account. ... Compound interest is simple: It's the interest you earn on both your original deposit and on the ...

Step-by-step explanation:

You might be interested in
A study of voting chose 663 registered voters at random shortly after an election. Of these, 72% said they had voted in the elec
Bingel [31]

Answer:

c) 72% is a statistic and 56% is a parameter.

Step-by-step explanation:

Previous concepts

A statistic or sample statistic "is any quantity computed from values in a sample", for example the sample mean, sample proportion and standard deviation

A parameter is "any numerical quantity that characterizes a given population or some aspect of it".

Solution to the problem

For this case we know that they select a sample of 663 registered voters and the sample proportion from these registered voters is:

\hat p = 0.72 representing the sample proportion of people who voted in the election

They info that they have is that the true proportion before is p =0.52 and that represent a value related to the population.

So on this case the 0.72 represent a statistic since represent the sample and the 0.52 is a value who represent the population for this case is a parameter.

So the correct option is:

c) 72% is a statistic and 56% is a parameter.

8 0
3 years ago
Select the equation with the solution x = 25. The equation should have the variable on both sides, a decimal coefficient on the
Katyanochek1 [597]
It isn't A because there isn't a decimal in the hundredths.
It isn't B because it doesn't have a decimal coefficient on the left side: that means it could be C or D, to find out we should find what x is in C:
0.5x-5=0.15x+2
0.5x=0.15x+7
0.35x=7
Divide both sides by 7
0.05x=1
Now multiply both sides by 20:
x=20
That means it must be D, let's make sure:
0.6x-3=0.28x+5
0.6=0.28x+8
0.32x=8
Divide both sides by 8:
0.04x=1
Now multiply both sides by 25:
x=25
So the answer is D

Hope this helps :)
7 0
3 years ago
How to solve this10*4 ones=_ones=_
Sergio039 [100]
Do you mean ones and tenths?
5 0
3 years ago
As people exited a movie theater, they were informally surveyed about whether they enjoyed the movie or not.
Ilia_Sergeevich [38]
A=41% B=3% hope this helps
4 0
2 years ago
What fraction is .675
Vitek1552 [10]
675/1000. Simplified it would be 27/40.
6 0
3 years ago
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