A loan of $50,000 is taken out for six years at 9% interest compounded annually. If the loan is paid off in full at the end of that time period, $50433 must be returned.
<h3>What is Compound interest?</h3>
- Compound interest is calculated by multiplying the initial loan amount, or principal, by one plus the annual interest rate multiplied by the number of compound periods multiplied by one.
- Compound interest is when you earn interest on both your savings and your interest earnings. When you compound interest, you add the interest you've earned back into your principal balance, which earns you even more interest, compounding your returns.
- Assume you have $1,000 in a savings account earning 5% interest per year. You'd earn $50 in year one, giving you a new balance of $1,050. Compound interest occurs when interest earned on savings begins to earn interest on itself.
To learn more about Compound interest, refer to:
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Answer:
x g(x)
1 −10
2 −12
3 −14
Step-by-step explanation:
Substitute the values and do the arithmetic.
Table values for x are 1, 2, 3. We only need to find g(1) to determine which table is the correct choice.
f(1) = 1 +4 = 5 . . . . . . . . . put 1 where x is and do the arithmetic
g(1) = -2·f(1) = -2·5 = -10 . . . . . matches the 3rd choice
Answer:
E: None of the above
Step-by-step explanation:
Hello!
The objective is to find out how much time it takes people to commute to work.
Two samples where taken and two hypothesis tests where made:
One:
Sample mean 71 min; p-value: 0.03
Two:
Sample mean 72 min; p-value: 0.06
You have to choose from the options, a possible pair of hypotheses used for these two tests.
The parameter of the study is the population mean μ.
In the statistic hypotheses, the parameters are given either a known population value or a suspected value. So all options including sample values are wrong.
As said before the objective of the survey is to "determine how much time people spend commuting to work" in other words, whether or not the population mean is equal to a certain value.
H₀: μ = μ₀
H₁: μ = μ₀
Where μ₀ represents the theoretical value of the population mean. As you can say the hypotheses pair is two-tailed, not one-tailed.
Then the correct answer is E: None of the above
I hope this helps!
(1,-1)
(-4,2)
(-2,1)
I believe these will work
