The account be worth in 7 months is 375.725 .
<h3>What is the amount in simple interest?</h3>
Amount (A) is the total money paid back at the end of the time period for which it was borrowed. The total amount formula in case of simple interest can also be written as: A = P(1 + RT)
Here, A = Total amount after the given time period.
Given that,
P = $350, R = 1.05%, T = 7 month
The simple interest equation uses "t" as years, but is just cycles, using an APR rate.
now, if we never mind "t" as years and just use it as an interest cycle, then we can say the rate is 1.05% and the period is 7 cycles.
A = P(1 + RT)
= 350(1+1.05%×7)
= 350(1+0.0105×7)
= 350(1+0.0735)
= 350×1.0735
A = $375.725
Hence, The account be worth in 7 months is 375.725 .
To learn more about simple interest from the given link:
brainly.com/question/25793394
#SPJ4
Answer:
approximately Normal, mean 8.1, standard deviation 0.063.
Step-by-step explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
The central limit theorem states that "if we have a population with mean μ and standard deviation σ and take sufficiently large random samples from the population with replacement, then the distribution of the sample means will be approximately normally distributed. This will hold true regardless of whether the source population is normal or skewed, provided the sample size is sufficiently large".
Let X the random variable weights of 8-ounce wedges of cheddar cheese produced at a dairy. We know from the problem that the distribution for the random variable X is given by:
We take a sample of n=10 . That represent the sample size.
What can we say about the shape of the distribution of the sample mean?
From the central limit theorem we know that the distribution for the sample mean
is also normal and is given by:
approximately Normal, mean 8.1, standard deviation 0.063.
Answer:
actually no.
Step-by-step explanation:
I assume you know the 4 inequalites:
The 4 Inequalities
Symbol Words Example
> greater than x+3 > 2
< less than 7x < 28
≥ greater than or equal to 5 ≥ x−1
≤ less than or equal to 2y+1 ≤ 7
The "open circle" represents less than or greater than, and the "closed circle" represents greater than or equal to or less than or equal to.
<em><u>Hope it helps! Have a great day! :) let me know if it helped</u></em>
Answer:
A :) Sorry if it's wrong, I'm learning this too