Answer:
total cost, or c = number of months rented after first month, or x, times $30 + $5
c=30x+5
Step-by-step explanation:
Answer:
And we can find this probability using the complement rule:
And in order to find these probabilities we can find tables for the normal standard distribution, excel or a calculator.
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 scores 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 complement rule:
And in order to find these probabilities we can find tables for the normal standard distribution, excel or a calculator.
N = 9
explanation: If you tilt triangle FGH to where it matches triangle PQR, 9 is matched with N.
more help:
Q = G
10.5 = 7
P = F
H = R
4 = 6
9 = N
Answer:
#a. $80
#b. $1680
Step-by-step explanation:
We are given;
- Amount invested (principal) is $1600
- Rate of interest is 5%
- Time = 1 year
We are required to determine the amount of simple interest earned and the amount or balance in the account after 1 year.
#a. Interest earned
To calculate simple interest we use the formula;
I = (PRT) ÷ 100
Where, P is the principal, R is the rate, T is the time and I is the simple interest.
Therefore;
I = (1600 × 5 × 1) ÷ 100
= $80
Therefore, simple interest earned is $80
#b. Balance of the account (Amount accrued)
We are going to use the formula;
A = P + I , where A is the amount accrued, P is the principal and I is the simple interest earned.
Therefore;
Account balance = $1600 + $80
= $1680
Thus, the account balance after 1 year will be $1680