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valentinak56 [21]
4 years ago
15

If the APY of a savings account is 2.4% and if the principal in the savings account is $2200 for an entire year, what will be th

e balance of the savings account after all the interest is paid for the year? A. $2200 B. $2252.80 C. $2300 D. $2205.28
Mathematics
2 answers:
Aleks [24]4 years ago
8 0

To solve this problem, we must recall that the formula for money with compound interest is calculated as:

Total = Principal × ( 1 + Rate ) ^ n

Total = $2,200 × ( 1 + 0.024 ) ^ 1

Total = $2,252.80

<span>Therefore the answer is letter B.</span>

Evgesh-ka [11]4 years ago
3 0

Answer: 2252.80 {apex}

Step-by-step explanation:I just took the test

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1.49/6 = 0.248 rounds to 25 cents per oz
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In a survey of sleeping habits, 8400 adults were selected randomly and contacted by telephone. Based on a medical association's
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Answer:

d. None of the above.

Step-by-step explanation:

<em>a. By the law of large numbers, it would again be 46%. </em>

FALSE. This proportion (46%) is a sample statistic, that can or can not be repeated in another sample.

<em>b. By the law of large numbers, the smaller (second) survey will certainly produce a sample proportion farther from the true population proportion than the larger (first) survey. </em>

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FALSE. There is no evidence to claim that smaller samples are more homogeneous.

<em>d. None of the above.</em> TRUE

6 0
3 years ago
There are 255 students this term completing this same assignment. Assuming they calculated the CI correctly, how many students s
andrey2020 [161]

Answer:

The number of students we expect to have an interval that does not contain the true mean value is,  255\times [\alpha\%].

Step-by-step explanation:

A [100(1 - α)%] confidence interval for true parameter implies that if 100 confidence intervals are created then [100(1 - α)] of these 100 confidence intervals will consist the true population parameter value.

Here α is the significance level. It is defined as the probability rejecting the claim that the true parameter value is not included in the 100(1 - α)% confidence interval.

It is provided that 255 students create the same confidence interval, correctly.

Then the number of students we expect to have an interval that does not contain the true mean value is,  255\times [\alpha\%]

For instance, if the students are creating a 95% confidence interval for mean then the number of students we expect to have an interval that does not contain the true mean will be:

The significance level is:

Confidence\ level=100(1-\alpha)\\\frac{95}{100}=(1-\alpha)\\\alpha =1-0.95=0.05

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Thus, 13 of the 255 confidence intervals will not consist the true mean value.

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5x+3y=-10 3x+5y=-6 using elimination?
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Thus, 

15x+9y=-30
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which will leave you with 

-16y=0
thus, y=0

Then, plug y back into the original equation to find x

5x+3(0)=-10

5x=-10
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Thus the point of intersection is (-2,0)

-2 being the x, and y being 0.
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