A loan of $50,000 is to be repaid in 8 equal end-of-year payments at 10% a. After 3 years, how much of the loan would be paid? b
1 answer:
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Solution :
The normal body temperature of any human body is considered to be 98.6. But there is a constant debate about the body temperature of a long held standard to the body temperature.
It is given that :
Null hypothesis and alternate hypothesis :
And
n is given as = 180
Test statistics = 3.64
Prove = 0.018 < α = 0.05 (let reject null hypothesis for α = 0.05 )
Therefore, their results are statistically significant and the result is unlikely due to chance alone.
<u><em>Answer:</em></u>
The sales tax is 8%
<u><em>Explanation:</em></u>
<u>We are given that:</u>
The price of the rocket is $24 and the sales tax is $1.92
To get the percentage of the sales tax, all we have to do is divide the sales tax by the price of the rocket and then multiply the quotient by 100 (to convert the ratio to percentage)
<u>This is done as follows:</u>
% of sales tax =
% of sales tax = %
Hope this helps :)