Answer:
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $300
r = 10% = 10/100 = 0.1
n = 2 because it was compounded 2 times in a year(6 months).
t = 3 years
Therefore,
A = 300(1 + 0.1/2)^2 × 3
A = 300(1 + 0.05)^6
A = 300(1.05)^6
A = $402.03
Answer:
I might be wrong double check but it's something like
Step-by-step explanation:
4x/3-40/3
(not to sure on that so don't be mad if it's wrong)
Answer:
The number of business students that must be randomly selected to estimate the mean monthly earnings of business students at one college is 64.
Step-by-step explanation:
The (1 - <em>α</em>) % confidence interval for population mean is:
The margin of error for this interval is:
The information provided is:
<em>σ</em> = $569
MOE = $140
Confidence level = 95%
<em>α</em> = 5%
Compute the critical value of <em>z</em> for <em>α</em> = 5% as follows:
*Use a <em>z</em>-table.
Compute the sample size required as follows:
![n=[\frac{z_{\alpha/2}\times \sigma}{MOE}]^{2}](https://tex.z-dn.net/?f=n%3D%5B%5Cfrac%7Bz_%7B%5Calpha%2F2%7D%5Ctimes%20%5Csigma%7D%7BMOE%7D%5D%5E%7B2%7D)
![=[\frac{1.96\times 569}{140}]^{2}\\\\=63.457156\\\\\approx 64](https://tex.z-dn.net/?f=%3D%5B%5Cfrac%7B1.96%5Ctimes%20569%7D%7B140%7D%5D%5E%7B2%7D%5C%5C%5C%5C%3D63.457156%5C%5C%5C%5C%5Capprox%2064)
Thus, the number of business students that must be randomly selected to estimate the mean monthly earnings of business students at one college is 64.
Answer:
The answer is $19.44
Step-by-step explanation:
First you have to find 25% of $28.80 (which is 7.20). Then, you subtract the $7.20 from your 28.80. You do that because you are getting a 25% discount. Then, you find 10% of $21.60 (your answer for the 25% discount) and you subtract 10% of $21.60. After that, you get your total of $19.44.
I hope you find this helpful.
Answer:
I think the answer is C
Step-by-step explanation:
