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krek1111 [17]
2 years ago
9

How much must you deposit in an account to earn $400 per year at 2% simple interest?

Mathematics
1 answer:
Strike441 [17]2 years ago
7 0

Step-by-step explanation:

Simple interest is a method to calculate the amount of interest charged on a sum at a given rate and for a given period of time.

...

Simple Interest Example:

Simple Interest

1 Year S.I = (1000 ×5 × 1)/100 = 50

2 Year S.I = (1000 × 5 × 2)/100 = 100

3 Year S.I = (1000 ×5 × 3)/100 = 150

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At a basketball game, a team made 53 successful shots. They were a combination of 1- and 2-point
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Answer:

35 two pointers, 18 one pointers

Step-by-step explanation:

equations:

x + y = 53

x + 2y = 88

solving them:

y = 35

x = 18

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Miss Williams asked her class if they prefer doing their homework before school or after school if the ratio of students who pre
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3 years ago
Read 2 more answers
Find the value of x and y
vova2212 [387]

let's first off take a look at the <u>tickmarks</u>, three <u>side tickmarks</u>, so all those 3 sides are equal, all have a length of y - 25, so is an equilateral triangle.

there are two <u>angle tickmarks</u>, meaning those two angles are equal, wait a second! if those two angles are equal, that means is an isosceles triangle.

now, in an equilateral triangle, all sides are equal, but also all angles are equal, since the sum of all interior angles is 180°, then each angle is really 60°.

let's notice that angle on the upper-left-corner, is a right-angle, but 60° are on the equilateral triangle, and so the remaining 30° must be on the isosceles triangle.

the isosceles triangle has then a vertex of 30°, and twin angles, the twin angles let's say are each a° so then

30° + a° + a° = 180°

30 + 2a = 180

2a = 150

a = 75° = y

now, let's recall, the isosceles triangle has twin angles but it also has twin sides, so the side "x" and the side with the tickmark are equal.

well, we know that y = 75, so the sides with the tickmark are then (75) - 25 = 50 = x.

5 0
2 years ago
Help?<br>what do I do? Thanks x
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3 years ago
Consider a chemical company that wishes to determine whether a new catalyst, catalyst XA-100, changes the mean hourly yield of i
kolezko [41]

Answer:

Null hypothesis:\mu = 750  

Alternative hypothesis:\mu \neq 750  

t=\frac{811-750}{\frac{19.647}{\sqrt{5}}}=6.943  

p_v =2*P(t_{4}>6.943)=0.00226  

If we compare the p value and a significance level assumed \alpha=0.05 we see that p_v so we can conclude that we reject the null hypothesis, and the actual true mean is significantly different from 750 pounds per hour.  

Step-by-step explanation:

Data given and notation

Data:    801, 814, 784, 836,820

We can calculate the sample mean and sample deviation with the following formulas:

\bar X =\frac{\sum_{i=1}^n X_i}{n}

s=\sqrt{\frac{\sum_{i=1}^n (X_i -\bar X)^2}{n-1}}

\bar X=811 represent the sample mean  

s=19.647 represent the standard deviation for the sample

n=5 sample size  

\mu_o =750 represent the value that we want to test  

\alpha represent the significance level for the hypothesis test.  

t would represent the statistic (variable of interest)  

p_v represent the p value for the test (variable of interest)  

State the null and alternative hypotheses to be tested  

We need to conduct a hypothesis in order to determine if the mean is different from 750 pounds per hour, the system of hypothesis would be:  

Null hypothesis:\mu = 750  

Alternative hypothesis:\mu \neq 750  

Compute the test statistic  

We don't know the population deviation, so for this case is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:  

t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}} (1)  

t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".  

We can replace in formula (1) the info given like this:  

t=\frac{811-750}{\frac{19.647}{\sqrt{5}}}=6.943  

Now we need to find the degrees of freedom for the t distirbution given by:

df=n-1=5-1=4

What do you conclude?  

Compute the p-value  

Since is a two tailed test the p value would be:  

p_v =2*P(t_{4}>6.943)=0.00226  

If we compare the p value and a significance level assumed \alpha=0.05 we see that p_v so we can conclude that we reject the null hypothesis, and the actual true mean is significantly different from 750 pounds per hour.  

4 0
3 years ago
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