Answer:
ice cream no of tasters relative frequency
Strawberry 4 0.2
Choco Nuts 12 0.6
orange mints 4 0.2
Find chart as attached
Step-by-step explanation:
Wagenlucht Ice Cream Company is always trying to create new flavors of ice cream. They are market testing three kinds to find out which one has the best chance of becoming popular. They give small samples of each to 20 people at a grocery store. 4 ice cream tasters preferred the Strawberry Cream, 12 preferred Choco- Nuts, and 4 loved the Orange Mint. Construct a Pareto chart to represent these preferences. Choose the vertical scale so that the relative frequencies are represented.
ice cream no of tasters relative frequency
Strawberry 4 0.2
Choco Nuts 12 0.6
orange mints 4 0.2
relative frequency is frequency over the total frequency
From the information given, the deposit is 4000$, interest rate is 2.75% the final interest amounts to 220$ but the time it will take to earn this interest is unknown. We will assume the interest earned is per annum.
The formula we use is I = Prt
Let simple interest be I which is 220
Let principal sum be P which is 4000
Let interest rate be r which is 2.75 %
Let time be t
We need t, so we say t = I / Pr
t = 220 / 4000 * 2.75/100
t = 220 / 4000 * .0275
t = 220 / 110
t = 2
Therefore the time it will take to earn 220 $ interest is 2 years.
There is no graph connected to the question
Answer: the monthly payment is $1530.1
Step-by-step explanation:
The cost of the house is $319,000.
The down payment made is 20%. This means that the amount paid as down payment is
20/100 × 319000 = 63800
The balance to be paid would be
319000 - 63800 = $255200
We would apply the periodic interest rate formula which is expressed as
P = a/{[(1+r)^n]-1}/[r(1+r)^n]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $255200
r = 0.06/12 = 0.005
n = 12 × 30 = 360
Therefore,
P = 255200/{6.0226 -1}/[0.005(6.0226)]
P = 255200/166.79
P = 1530.1
Answer:
B
Step-by-step explanation:
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