Hey there :)
We know the formula for simple interest is
I = prt
{ The picture includes what each stands for }
Lehena:Initial amount = $100
Interest rate = 2.5% =

Time = 3 years
I = ( 100 )( 0.025 )( 3 )
= 7.5$
Total = $100 + $7.5 =
$107.5Marty:Initial amount = $100
Interest rate = 2% =

Time = 3 years
I = ( 100 )( 0.02 )( 3 )
= $6
Total = $100 + $6 =
$106How much more than Marty did Lehena receive?= Total Amount of Lehena - Total Amount of Marty
= 107.5 - 106
= $1.5Your answer will be option
B) $1.50
John sold 18 general admission tickets and 11 VIP tickets.
Step-by-step explanation:
Given,
Cost of each general admission = $50
Cost of each VIP ticket = $55
Total tickets sold = 29
Total revenue generated = $1505
Let,
x represent the number of general admission tickets sold
y represent the number of VIP tickets.
x+y=29 Eqn 1
50x+55y=1505 Eqn 2
Multiplying Eqn 1 by 50

Subtracting Eqn 3 from Eqn 2

Dividing both sides by 5

Putting y=11 in Eqn 1

John sold 18 general admission tickets and 11 VIP tickets.
Keywords: linear equation, elimination method
Learn more about elimination method at:
#LearnwithBrainly
Answer:
The answer to your question is A.
Answer:
E) we will use t- distribution because is un-known,n<30
the confidence interval is (0.0338,0.0392)
Step-by-step explanation:
<u>Step:-1</u>
Given sample size is n = 23<30 mortgage institutions
The mean interest rate 'x' = 0.0365
The standard deviation 'S' = 0.0046
the degree of freedom = n-1 = 23-1=22
99% of confidence intervals
(from tabulated value).





using calculator

Confidence interval is


the mean value is lies between in this confidence interval
(0.0338,0.0392).
<u>Answer:-</u>
<u>using t- distribution because is unknown,n<30,and the interest rates are not normally distributed.</u>