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Paladinen [302]
3 years ago
8

$400 at 6.3% for 4 years. Find the simple interest

Mathematics
1 answer:
finlep [7]3 years ago
7 0

Answer:

the amount of interest is $100.80

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 6.3%/100 = 0.063 per year,

then, solving our equation

I = 400 × 0.063 × 4 = 100.8

I = $ 100.80

The simple interest accumulated

on a principal of $ 400.00

at a rate of 6.3% per year

for 4 years is $ 100.80.

BRAINLIEST PLEASE!

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A family is relocating from St. Louis, Missouri, to California. Due to an increasing inventory of houses in St. Louis, it is tak
Naily [24]

The 99% Confidence interval for the mean sale time for all homes in the neighborhood is:87.857, 112.143.

<h3>Confidence interval</h3>

a. The assumption is: Assume that the population has a normal distribution.

The CI  is exact for the normal populations and for small samples the z-interval method should be used in a situation where the variable is normally distributed.

b. Confidence interval:

CI=Sample mean±z-score×Standard deviation/√Size of the sample

CI=100-2.576×20/√18, 100+2.576×20/√18

CI=100-12.143, 100+12.143

CI=87.857, 112.143

Therefore the 99% Confidence interval is 87.857, 112.143.

Learn more about Confidence interval here:brainly.com/question/15712887

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6 0
2 years ago
Find the explicit formula for the given sequence.<br> 1,5, 25, 125, ....
Lyrx [107]

Answer:

you keep multiplying by five

Step-by-step explanation:

So 1 x 5 is five, 5 x 5 is 25, 25 x 5 is 125, so on and so forth.

8 0
4 years ago
An agency has started charging a user fee to park at selected trailheads and​ cross-country ski lots. Some users object to this​
Nesterboy [21]

Answer:

Users who park at the selected trailheads and​ cross-country ski lots. ; Convenience sampling

Step-by-step explanation:

A) The population of interest:

The population of interest should include the concerned individuals which would be those who park at the selected trailheads and cross-country ski lots.

B) By sampling the first 50 users encountered at each fee areas shows that the researcher prioritizes ease or convenience while choosing samples from a population. The first 50 fee users represents the most easily accessible users. Hence, the reason the adopted sampling method is called convenience sampling.

3 0
4 years ago
What is the Answer to 6x + 9 = -15
Elza [17]

Answer: x= -4

Step-by-step explanation:

6x+9= -15

-9. -9

6x= -24

X= -4

3 0
4 years ago
Read 2 more answers
a ladder 10cm rest on a vertical wall of 8cm what is the distance of the vertical Wall from the Foot of the ladder ​
ira [324]

Hi there!

\huge\boxed{6cm}

We can use the Pythagorean Theorem to solve:

Use the formula a² + b² = c² where:

"a" and "b" are the legs

"c" = Hypotenuse

The diagonal side, or the length of the ladder is 10cm, and one of the legs of the triangle is 8cm, therefore:

(8)² + b² = 10²

64 + b² = 100

Subtract 64 from both sides:

b² = 36

Take the square root of both sides:

√b² = √36

b = 6 cm. This is the distance of the wall from the foot of the letter.

Edit: Typo.

6 0
3 years ago
Read 2 more answers
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