Answer:
If he lets the account go for 90 days, he will
pay an interest of $60
Step-by-step explanation:
Here, we want to calculate the interest Garvin will pay if he lets the account go for 90 days
Since 90 days is greater than 60 days, this means that he is going to pay a 12% annual interest rate
Thus, mathematically , the amount to pay will be;
12% of $500
= 12/100 * 500 = 6000/100 = $60
Step-by-step explanation:
I just have a tip to help.
= Ok
=No
If you divide something by zero, (x/0) the answer will be undefined
If you divide zero by something, (0/x) the answer will be zero.
Hope that helped! :D
Answer:
Step-by-step explanation:
We would use the t- distribution.
From the information given,
Mean, μ = 2950
Standard deviation, σ = 115
number of sample, n = 25
Degree of freedom, (df) = 25 - 1 = 24
Alpha level,α = (1 - confidence level)/2
α = (1 - 0.98)/2 = 0.01
We will look at the t distribution table for values corresponding to (df) = 24 and α = 0.01
The corresponding z score is 2.492
We will apply the formula
Confidence interval
= mean ± z ×standard deviation/√n
It becomes
2950 ± 2.492 × 115/√25
= 2950 ± 2.492 × 23
= 2950 ± 57.316
The lower end of the confidence interval is 2950 - 57.316 =2892.68
The upper end of the confidence interval is 2950 + 57.316 = 3007.32
The solution is correct.
Answer:
Jada's book was overdue by 1 more day than Juan's book.
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