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3 years ago

14

Using the unpaid balance method, find the current month's finance charge on a credit card account having the following transac

tions.
Last month's balance: $845
Last payment: $180
Annual Interest rate: 18%
Purchases: $389
Returns: $380

The finance charge is $ __________

1 answer:

Reptile [31]3 years ago

5 0

Answer:

33333333330000000000

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Jeff has 4 red pens and 2 blue pens in his backpack. He also has 1 yellow highlighter and 4 green highlighters in his

Romashka-Z-Leto [24]

Answer:

$\frac{1}{15}$

Step-by-step explanation:

In probability,

"AND" means "multiplication"

"OR" means "ADDITION"

We want probability of Blue Pen and Yellow Highlighter. So we find individual probabilities and "MULTIPLY" them.

Let P(b) be probability of blue pen

Let P(y) be probability of yellow highlighter

We know probability of event is that event divided by total number of that

So,

There are 4 + 2 = 6 pens

Blue pen = 2

Hence,

P(b) = 2/6 = 1/3

And,

There are 5 highlighters

Yellow highlighter = 1

Hence,

P(y) = 1/5

Now,

P(b and y) = 1/3 * 1/5 = 1/15

Hence,

probability of grabbing blue pen and a yellow highlighter is $\frac{1}{15}$

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3 years ago

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Molly was on a long 136 mile road trip. The first part of the trip there was lots of traffic, she only averaged 16 mph. The seco

Mazyrski [523]

Answer:

In traffic, she drove for 3 hours

and After the traffic cleared she drove for 2 hours.

Explanation:

Given that the road trip was 136 miles;

$d=136$

The first part of the trip there was lots of traffic, she only averaged 16 mph;

$v_1=16$

The second part of the trip there was no traffic so she could drive 44 mph;

$v_2=44$

She traveled for a total of 5 hours;

$t=5$

let x represent the time in traffic when she traveled at 16 mph

$t_1=x$

the time the traffic is clear would be;

$t_2=t-t_1=5-x$

Recall that distance equals speed multiply by time;

$d=v_1t_1_{}_{}^{}+v_2t_2$

substituting the values;

$136=16x+44(5-x)$

solving for x;

$\begin{gathered} 136=16x+220-44x \\ 44x-16x=220-136 \\ 28x=84 \\ x=\frac{84}{28} \\ x=3 \end{gathered}$

So;

$\begin{gathered} t_1=3\text{ hours} \\ t_2=5-x=5-3=2 \\ t_2=2\text{ hours} \end{gathered}$

Therefore, In traffic, she drove for 3 hours

and After the traffic cleared she drove for 2 hours.

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1 year ago

Refer to the following scenario:You want to see if there is a difference between the exercise habits of Science majors and Math

bekas [8.4K]

Answer:

1. H0: P1 = P2

2. Ha: P1 ≠ P2

3. pooled proportion p = 0.542

4. P-value = 0.0171

5. The null hypothesis failed to be rejected.

At a signficance level of 0.01, there is not enough evidence to support the claim that there is significant difference between the exercise habits of Science majors and Math majors .

6. The 99% confidence interval for the difference between proportions is (-0.012, 0.335).

Step-by-step explanation:

We should perform a hypothesis test on the difference of proportions.

As we want to test if there is significant difference, the hypothesis are:

Null hypothesis: there is no significant difference between the proportions (p1-p2 = 0).

Alternative hypothesis: there is significant difference between the proportions (p1-p2 ≠ 0).

The sample 1 (science), of size n1=135 has a proportion of p1=0.607.

$p_1=X_1/n_1=82/135=0.607$

The sample 2 (math), of size n2=92 has a proportion of p2=0.446.

$p_2=X_2/n_2=41/92=0.446$

The difference between proportions is (p1-p2)=0.162.

$p_d=p_1-p_2=0.607-0.446=0.162$

The pooled proportion, needed to calculate the standard error, is:

$p=\dfrac{X_1+X_2}{n_1+n_2}=\dfrac{82+41}{135+92}=\dfrac{123}{227}=0.542$

The estimated standard error of the difference between means is computed using the formula:

$s_{p1-p2}=\sqrt{\dfrac{p(1-p)}{n_1}+\dfrac{p(1-p)}{n_2}}=\sqrt{\dfrac{0.542*0.458}{135}+\dfrac{0.542*0.458}{92}}\\\\\\s_{p1-p2}=\sqrt{0.001839+0.002698}=\sqrt{0.004537}=0.067$

Then, we can calculate the z-statistic as:

$z=\dfrac{p_d-(\pi_1-\pi_2)}{s_{p1-p2}}=\dfrac{0.162-0}{0.067}=\dfrac{0.162}{0.067}=2.4014$

This test is a two-tailed test, so the P-value for this test is calculated as (using a z-table):

$\text{P-value}=2\cdot P(z>2.4014)=0.0171$

As the P-value (0.0171) is bigger than the significance level (0.01), the effect is not significant.

The null hypothesis failed to be rejected.

At a signficance level of 0.01, there is not enough evidence to support the claim that there is significant difference between the exercise habits of Science majors and Math majors .

We want to calculate the bounds of a 99% confidence interval of the difference between proportions.

For a 99% CI, the critical value for z is z=2.576.

The margin of error is:

$MOE=z \cdot s_{p1-p2}=2.576\cdot 0.067=0.1735$

Then, the lower and upper bounds of the confidence interval are:

$LL=(p_1-p_2)-z\cdot s_{p1-p2} = 0.162-0.1735=-0.012\\\\UL=(p_1-p_2)+z\cdot s_{p1-p2}= 0.162+0.1735=0.335$

The 99% confidence interval for the difference between proportions is (-0.012, 0.335).

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3 years ago

Lynne used 3/8 cup of flour and 1/3 cup of sugar in a recipe.what number is a common denominator for3/8 and 1/3

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Determine the value of x in the given diagram, when a║b.

mixer [17]

155 degrees is the answer

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3 years ago