Answer:
<em>Avram will have to pay $7,047 simple interest</em>
Step-by-step explanation:
<u>Simple Interest</u>
Definition: Interest calculated on the original principal only of a loan or on the balance of an account.
Unlike compound interest where the interest earned in the compounding periods is added to the new principal, simple interest only considers the principal to calculate the interest.
The interest earned is calculated as follows:
I=A.r.t
Where:
I = Interest
P = initial principal balance
r = interest rate
t = time
Avram has a principal of P=$14,500 at a simple rate of r=5.4%=0.054 for t=9 years, thus:
I=14,500*0.054*9=7,047
I=$7,047
Avram will have to pay $7,047 simple interest
Answer: $37077.12
Step-by-step explanation:
Please see the attachment below
Answer:
a) Unit: College Student
Variables of measurement: Procrastination and illness habits.
b) Unit: SUV cars
Variables: Manufacturing and car damage for two car manufactures.
Step-by-step explanation:
We are given the following in the question:
In a research, a unit is a single individual or object that is measured.
a) A study finds that college students who often procrastinate tend to be sick more often than students who do not procrastinate.
Since college students are asked about procrastination, then the unit in this study is college students.
Unit: College Student
Variables of measurement: Procrastination and illness habits.
b) A study finds that sport utility vehicles (SUVs) made by one car manufacturer tend to be more heavily damaged in a crash test than SUVs made by a second car manufacturer.
Since all SUVs cars are considered, the unit in this research is SUV cars
Unit: SUV cars
Variables: Manufacturing and car damage for two car manufactures.
Answer:
a(4) = 15/4
Step-by-step explanation:
Here we're told that the first term is a(1) = 30 and that the common factor r = 1/2.
Thus, the geometric sequence formula specific to this case is
a(n) = 30(1/:2)^(n-1).
What is the fourth term? Let n = 4,
a(4) = 30(1/2)^(4-1), or a(4) = 30(1/2)^(3), or a(4) = 30(1/8) = 30/8, or, in reduced form,
a(4) = 15/4.
Answer:
$130
Step-by-step explanation:
