Tamara invested $15,000 in an account that pays 4% annual simple interest. Tamara will not
make any additional deposits or withdrawals. How much Interest will Tamara earn on her
Investment at the end of 3 years?
F $1,800
G $600
H $450
J $1.873

Answers

Answer 1

Answer:

F $1800

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 4%/100 = 0.04 per year,

then, solving our equation

I = 15000 × 0.04 × 3 = 1800

I = $ 1,800.00

The simple interest accumulated

on a principal of $ 15,000.00

at a rate of 4% per year

for 3 years is $ 1,800.00.

Answer 2

Answer:

F. $1800

Step-by-step explanation:

Simple interest means that a percent of the initial amount will be paid back each year, this amount will not change from year to year. To calculate the simple interest over a given unit of time, multiply the amount by the interest rate in decimal form, then multiply that value by the time span that this was taken over. The result will be the amount earned.

The following formula can be used to describe this scenario,

[tex]simple\ interest=(time)((amount)(interest\ rate))[/tex]

Substitute,

[tex]=(3)((15000)(4))[/tex]

To convert a percent to decimal form, divide the percent by (100)

[tex]=(3)((15000)(0.04))[/tex]

[tex]=(3)(600)\\\\=1800[/tex]


Related Questions

Someone please help me answer this!!

Answers

Answer:

10

Step-by-step explanation:

For this you can use the pythagorean theorem such as (a^2 + b^2) = c^2 so the answer will be ten

Lincoln is seeking a loan with a simple interest rate of 8% per year. If he wants to borrow $5000, then how much will he be charged in interest for 24 months? $8,000 $9,600 $1,250 $800​

Answers

Answer:

Lincoln will be charged $9,600.

Step-by-step explanation:

To find the answer we will first turn 8% into a decimal.  8 ÷ 100 = 0.08.  Now multiply 0.08 by $5,000 and we get $400.  then multiply $400 by 24 and we get $9,600.  Therefore, $9,600 is our answer.

1. A waste management service attempts to design routes so that each of their trucks pick-up on average four tons of garbage or less. A garbage collector believes, however, that he averages picking up more than four tons of garbage per day and decides to perform a hypothesis test. If the hypothesis test is performed at a 5% significance level and the resulting p-value is 0.04. Your conclusion should be:

2. It has been determined with 95% confidence that the proportion of on-line students at NYU who live in Brooklyn is between 0.73 and 0.77. Determine the sample proportion of on-line NYU students who live in Brooklyn.
3. Assume a normal distribution and use a hypothesis test to test the given claim.

According to city reports, it was found that the mean age of the prison population in the city was 26 years. Marc wants to test the claim that the mean age of the prison population in his city is less than 26 years. He obtains a random sample of 25 prisoners, and finds a mean age of 24.4 years and a standard deviation of 9.2 years. At a significance level of 0.05, what should his conclusion be?

Answers

Answer:

1.-Then we p-value indicates that we are in the rejection region we reject H₀

We support the claim of the garbage collector the average picking up more than 4 tn of garbage

2.- p  = 75 %

3.-3.-t(s) is in the rejection region we accept H₀ we have not evidence to support Marc´s claim

Step-by-step explanation:

1.- If p-value is 0,04   and significance level α = 5 %  or  α = 0,05 then p-value < α

Test hypothesis should be    ( x the average of garbage)      

Null hypothesis          H₀           x = 4 Tn

Alternative Hypothesis     Hₐ    x  > 4 Tn

Then  alternative hypothesis suggests a one tail-test to the right  and

p-value <  0,05

Then we p-value indicates that we are in the rejection region we reject H₀

We support the claim of the garbage collector the average picking up more than 4 tn of garbage

2.- As we are dealing with a normal distribution the CI  95 % is symmetrical with respect to the mean, therefore the proportion of student living in Brooklyn is:  

(0,73 + 0,77) /2

p = 0,75     p  = 75 %

Test hypothesis:

Null Hypothesis            H₀            μ    =  26

Alternative Hypothesis      Hₐ      μ   <  26

Alternative hypothesis tells us the test is a one-tail test to the left

Sample size   n = 25

Sample mean   μ  =  24,4

Sample Standard deviation  =  9,2

We assume normal distribution, and as n < 30 we use t-student table

with  24 degree of freedom

Significance level is 0,05  and df = 24  we find t (c)  in t- student table

t(c) = 1,7109      test to the left   t(c) = -1,7109

To calculate  t(s)

t(s)  =  (  24,4 - 26 ) / 9,2 / √25

t(s) =  - 1,6 * 5 / 9,2

t(s) = - 0,87

Comparing t(s)  and t(c) we have

t(s) > t(c)

t(s) is in the rejection region we accept H₀ we have not evidence to support Marc´s claim

Which number is a multiple of 7? A 27 B 48 C 56 ET D 74​

Answers

Answer:

C. 56

Step-by-step explanation:

7*8=56

AP Statistics Quiz 10.2

1.

Mrs. Toguchi wants to determine if politicians tend to have higher salaries, on average, than first

responders (specifically emergency medical technicians, EMTs). Independent random samples from each

of these two professions were selected and their salaries were recorded. The data are summarized below.

a) the distribution of salary in each group is skewed right. The use of two-sample t procedures is still justified why?

b) construct and interpret a 99% confidence interval for the difference in the true mean salaries for politicians and EMTs

Answers

Answer:

Hello some data related to your question is missing attached below is the missing data

a) we will reject the null hypothesis hence it can be determined that the salary of politicians is greater than that of EMTs through the use of two-sample t procedures. since ( to > critical value )

b) ( 3.819 , 8.5226 )

Step-by-step explanation:

Applying the Given data:

The test hypothesis :

H0 : μ1 = μ2

Ha : μ1 > 2

A) since ( to > critical value ) we will reject the null hypothesis hence it can be determined that the salary of politicians is greater than that of EMTs through the use of two-sample t procedures

B ) construct and interpret

next calculate the SP value

[tex]S^{2} _{p}[/tex] = [tex]\frac{( n1 - 1 )S^{2} _{1} + ( n_{2}- 1 )S^{2} _{2} }{n1 + n2 - 2}[/tex]

where: S1 = 7524 , n1 = 50 , n2 = 100 , S2 = 5551   ( input values into equation above )

[tex]S^{2} _{p}[/tex] = 39354491.3716

hence : [tex]S_{p}[/tex] = 6273.32

next calculate the value of test statistic

to = ( X1 - X2 - Δo ) / Sp [tex]\sqrt{\frac{1}{n1} + \frac{1}{n2} }[/tex]

where: X1 = 61234 , X2 = 54529 , Sp = 6273.32 , n1 = 50 , n2 = 100  ( input values into equation above )

to = 6705 / 1086.5702 = 6.1708

Df ( degree of freedom ) = n1 + n2 - 2 = 148

critical value at ∝ = 0.01  = ± 2.3518  ( using excel function : T.INV(0.01,148) )

hence the confidence Interval

= ( 6.1708 ± 2.3518 )

= ( 3.819 , 8.5226 )

For the table of Mrs. Toguchi the t test for two sample is not justified and the confidence interval for this two values is (6.1708, ±2.3518).

What is random sample?

Random sample is the way to choose a number or sample in such a manner that each of the sample of the group has an equal probability to be chosen.

Mrs. Toguchi wants to determine if politicians tend to have higher salaries, on average, than first responders (specifically emergency medical technicians, EMTs).

Independent random samples from each of these two professions were selected and their salaries were recorded. The data are summarized below.

                                   Politicians        EMT's

Mean                            $61,234       $54,529

Standard deviation      $7524          $5551

n                                      50                100

a) The distribution of salary in each group is skewed right. The use of two-sample t procedures is still justified-

The hypothesis for the test,

[tex]H_0:\mu_1=\mu_2\\H_a:\mu_1 > 2[/tex]

No it is not justifies, as the null hypothesis is rejected.

b) construct and interpret a 99% confidence interval for the difference in the true mean salaries for politicians and EMTs

The pooled estimate of a common population standard deviation can be given as,

[tex]S_p=\sqrt{\dfrac{(n_1-1)S_1^2+(n_2-1)S_2^2}{n_1+n_2-2}}[/tex]

Put the values in the above formula from the table, we get,

[tex]S_p=\sqrt{\dfrac{(50-1)(7524)^2+(100-1)(5551)^2}{50+100-2}}\\S_p=6273.32[/tex]

Use the formula of test statistics for equal variance as,

[tex]t=\dfrac{\overline y_1-\overline y_2-0}{s_p\sqrt{\dfrac{1}{n_1}+\dfrac{1}{n_2}}}[/tex]

Put the values from the table as,

[tex]t=\dfrac{61234-54529-0}{(6263.32)\sqrt{\dfrac{1}{50}+\dfrac{1}{100}}}\\t=6.1708[/tex]

The degree of freedom can be given as,

[tex]DF=100+50-2\\DF=148[/tex]

The critical value for 99 percent interval (0.01) is ±2.3518.

Hence, the confidence interval for this two values is (6.1708, ±2.3518).

Thus, for the table of Mrs. Toguchi the t test for two sample is not justified and the confidence interval for this two values is (6.1708, ±2.3518).

Learn more about the random sample here;

https://brainly.com/question/17831271

What is the median of the data represented by the box plot?

enter your answer in the box

Answers

Answer:

[tex]Median= 20[/tex]

Step-by-step explanation:

Given

The attached box plot

Required

The median

The median is represented by the vertical line inside the rectangle on the box plot.

Using the description above to read the median from the given box plot.

[tex]Median = 20[/tex]

It is also the same as the second quartile

A plane is flying at an altitude of 300 meters on a heading
towards both a maintenance hangar and the main runway.
The pilot sights the end of the main runway at
an angle of depression of 15°. She then sights the
maintenance hangar at an angle of depression
of 32°. What is the distance between the end of
the main runway and the maintenance hangar?

Answers

The answer is 639.52 (m)or meters.

6=24(x+1)^2 what is the answer simplified

Answers

Answer:

hi can i fu k u

Step-by-step explanation:

The answer is:

-0.5, -1.5

Given the triangle below, what is m angle A, rounded to nearest tenth.

Answers

Answer:

D.82.8°

Step-by-step explanation:

Hope it helps

Have a great day

How does the graph of g(x) = 10x – 8 compare to the graph of f(x) = 10x?
The graphs are the same.
The graphs are translated upward 8 units.
The graphs are translated downward 8 units.
The graphs shift to the left 8 units.

Answers

28 aaaaaa!?!?!!?!?!?!?!

Answer:

Translated down 8 units or C

Step-by-step explanation:

If ∠1 and ∠2 are vertical angles and m∠2 = 108°, find m∠1.

Answers

Answer:

angle 1 = 108°

Step-by-step explanation:

because angle 1 and angle 2 are vertical angles and vertical angles are equal.

Which statement is true

Answers

Answer:

D

Step-by-step explanation:

hey man. trust me. quack

Answer:

i think that the answer might be d

Eli gave out a survey to some students in his school about their favorite color. 880 of those surveyed said their favorite color was red. If 88% of the students surveyed said their favorite color was red, how many students were surveyed in total?

Answers

Answer:

The answer is 1000.

Step-by-step explanation:

Can somebody plz help?

Answers

Answer:

x = 42

Step-by-step explanation:

Let the length of the indicated side be represented as "x".

The Theorem of proportionality can be extended and applied to find the indicated side.

Thus, based on the theorem, it is assumed that the parallel lines divides the transversals proportionally.

This implies that:

x/(77 - x) = 30/25

x/(77 - x) = 6/5

Cross multiply

x(5) = 6(77 - x)

5x = 462 - 6x

Add 6x to both sides

5x + 6x = 462

11x = 462

x = 462/11

x = 42

peggy drives for 3 hours at an average speed of 61 miles per hour. Then when she crosses over into the next state she is able to drive the next 2.5 hours at an average speed of 72 miles per hour.

what was her average speed for the entire trip?

Answers

Answer:

65 miles per hour

Wanda drove 392 miles in 14 hours. What is her unit rate of miles per hour?

Answers

The unit rate of miles per hour is 28

Which shape is the base of the pyramid shown below?
A triangle
B square

Answers

B square
hope that helps!

Answer:

B. it's a square pyramid so the base is a square.

Step-by-step explanation:

Which graph represents the solution set of the system y ≤ x2 – 1 and x > y2 – 6?

Answers

The fourth option is indeed correct on Edge 2021.

The graph that represents the system of nonlinear inequalities is graph (a)

The nonlinear inequalities are given as:

[tex]y \le x^2 - 1[/tex]

[tex]x > y^2 - 6[/tex]

Rewrite the above nonlinear inequalities as:

[tex]y - x^2 \le - 1[/tex]

[tex]x -y^2 > -6[/tex]

[tex]y - x^2 \le - 1[/tex] means that the inequality has a solid line, and the outside part is shaded

[tex]x -y^2 > -6[/tex] means that the inequality has a dotted line, and the inner part is shaded

So, the graph that represents the system of nonlinear inequalities is graph (a)

Read more about the system of nonlinear inequalities at:

https://brainly.com/question/9248293

Lines that appear to be tangent are tangent. O is the center of the circle. What is the value of x?

Answers

Answer:

hammood habbi knows

Step-by-step explanation:

32 or 16

Where is the blue point on the number 0 0 4 4 − 4 −4 ?

Answers

Answer:

The answer should be -12

3|2z-4|-6>12
Solve for z

Answers

Answer:

312z-41-6>12

subtract -41-6

312z-47>12

add it on both sides

312z-47>12

      +47   +47

312z>59

divide 312 to both sides

z<0.189

Answer:

can someone help me pls i dont know 2x=4=

Step-by-step explanation:

Haley pays a monthly fee of $20 for her cell phone and then pays 5 cents per minute used. The total cost of Haley’s monthly cell phone bill can be expressed by the function C(m) = 0.05m + 20, where m is the number of minutes used. What are the domain and range of the function C(m)?

Answers

Answer:

The domain is [tex]D_C = [0,\infty)[/tex]

The range is: [tex]R_C = [20,\infty)[/tex]

Step-by-step explanation:

Domain and range of a function:

The domain of a function are the values that the input assumes, while the range are the values that the output assumes.

In this question:

[tex]C(m) = 0.05m + 20[/tex]

m is the input, which is the number of phone calls, which can be any number between 0 and infinite. So

The domain is [tex]D_C = [0,\infty)[/tex]

When the input is m = 0, the value of C(0) = 20. As m increases, so does C(m). This means that:

The range is: [tex]R_C = [20,\infty)[/tex]

Answer:

Option 1  because

domain: m is Greater than or equal to zero

range: C is greater than or equal to twenty

Step-by-step explanation:

The (C) cost of the bill is always going to start at twenty and be higher depending on how many (m) minutes were used.

Edg2021

find the volume of this cylinder. geometry help

Answers

Answer:

Volume=3418.1 ft²

Step-by-step explanation:

Volume:π r² h

r=8 ft

h=17ft

π×8²×17

=3418.052 ft³

=3418.1 ft³

hope it helps...

the distributive law requires

Answers

Answer:

The Distributive Law says that multiplying a number by a group of numbers added together is the same as doing each multiplication separately.

Step-by-step explanation:

Example:  "3" can be "distributed" across the "2+4" into 3 times 2 and 3 times 4.

Which is a function?
O {(-3,5), (1,4), (3,7), (1,7), (4,9)}
O {(7.9), (13,-2), (8,4), (7,0), (4,12)}
O {(2,1), (-1,7), (6,-2), (10,3), (-6,0)}
O {(-2,4), (7,4), (-6,8), (-2,8), (1,1)

Answers

50000000000000000000000000000000000000000000

Answer:

{(7.9), (13,-2), (8,4), (7,0), (4,12)} is a function

Step-by-step explanation:

Preston has spent 7hrs of the required 13hrs he needs for ALEKS. What percentage of time does he have left?

Answers

Answer:

he has 46.1538462% left

Step-by-step explanation:

7/13 = 0.538461538

1 - 0.538461538 = 0.461538462

help me please!!!!
The area of a circle is 153.86 square meters. What is the diameter of the circle? Use 3.14 for π.
A. 7 m
B. 14 m
C. 24.5 m
D. 49

Answers

Answer:

= p× r²

= 3,14×7×7

= 21,98×7

= 153,86

[tex]153.86 \div 3.14 = 7[/tex]

An in-ground pond has the shape of a rectangular prism. The pond has a depth of 24 inches and a volume of 72,000 cubic inches. The length
the pond is two times its width.
Find the length and width of the pond to the nearest tenth.

Answers

Answer:

Should be

Width: 38.7

Length: 77.5

Please give me Brainliest and like

How to write -x^2+12-8x=-3 in standard form

Answers

Answer:

-x^2-8x+15=0

Please mark as brainliest

Answer:

give me a min if you can

Step-by-step explanation:

What is the slope of the line 4x + 2y = 8?
А 2
b -2
c 1/2
d -1/2

Answers

Answer:

x = -1/2y+2

Step-by-step explanation:

4x+2y=8

Step 1: Add -2y to both sides.

4x+2y+−2y=8+−2y

4x=−2y+8

Step 2: Divide both sides by 4.

4x/4 = -2y+8/4

x = -1/2y+2

Hope this helps!

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