Answer:
0.2682 or 26.82%
Step-by-step explanation:
The monthly interest rate (r) that your friend is willing to pay is:
The following expression converts a monthly interest rate (r) into an annual interest rate (i):
![r=\sqrt[12]{1+i}-1](https://tex.z-dn.net/?f=r%3D%5Csqrt%5B12%5D%7B1%2Bi%7D-1)
For r = 0.02:
![0.02=\sqrt[12]{1+i}-1 \\1.02^{12}-1=i\\i=0.2682](https://tex.z-dn.net/?f=0.02%3D%5Csqrt%5B12%5D%7B1%2Bi%7D-1%20%5C%5C1.02%5E%7B12%7D-1%3Di%5C%5Ci%3D0.2682)
Your friend is willing to pay an annual rate of 0.2682 or 26.82%.
Increases by 3 each time
aritmetic sequence, firsrt term is 34, 3=common differnce
an=a1+d(n-1) is da formlua
a1=first term
d=common differnce
an=34+3(n-1)
so 32n'd term is
a32=34+3(32-1)
a32=34+3(31)
a32=34+93
a32=127
the 32nd term is 127
Answer:
Step-by-step explanation:
product is the result of multiplication which means multiplication is involved with 2 and a number which can be substituted for x
5 is subtracted from all of that
7 is the answer of it all
Answer:
Step-by-step explanation:
While working at his neighborhood math tutoring center researching the comprehension level of the students Dion investigated that the distribution of the student test scores are normally distributed with a mean of 79.13 and a standard deviation of 6.34. What is the probability that the student scores less than 60.11
We solve using z score formula
z = (x-μ)/σ, where x is the raw score, μ is the population mean, and σ is the population standard deviation.
z = 60.11 - 79.13/6.34
