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Airida [17]
2 years ago
8

Kathy and Mark Smith believe investing in their retirement is critical. Kathy began investing 20% of each paycheck in a retireme

nt account when she was 20 years old. She has saved four times more than Mark who began saving when he was 35. If their total retirement savings equals $1,530,000, how much are Kathy’s and Mark's investments worth?

Mathematics
1 answer:
Alona [7]2 years ago
5 0

Answer:

Kathy: $1,224,000

Mark: $306,000

Look at the attachment

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Santiago hopes to buy a 4 horse trailer for about $12000. Describe all the numbers that when rounded to the nearest hundred are
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To round a number to the nearest hundred, we count two places to the left of the decimal point, or from the last digit if the number is a whole number.

If the second digit from the last digit is upto 5, we add 1 to the preceding digit and we complete the last two numbers with zeros.

Therefore, any number from 11,950 to 12,049, will result to 12,000 when rounded to the nearest hundred.
8 0
2 years ago
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What is the greatest counting number that divides 17, 25 and 41 and leaves the same remainder in each case?
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The greatest counting number that divides 17, 25 and 41 and leaves the same remainder in each case is 8

5 0
2 years ago
A frog catches insects for his lunch. The frog likes to eat flies and mosquitoes in a certain ratio, which is shown in the diagr
avanturin [10]

Answer:

ON MONDAY:  35 mosquitos.

ON TUESDAY: 6 flies.

Step-by-step explanation:

As you can see in the diagram, the frog eats 3 flies for every 7 mosquitoes (for lunch). Then you can expresed this ratio as following:

3:7 or \frac{3}{7}

Based on the table:

-If the frog eats 15 flies on monday, then the number of mosquitos that it eats can be calculated as following:

\frac{3}{7}=\frac{15}{mosquitoes}\\\\mosquitoes=\frac{15*7}{3}\\\\mosquitoes=35

-If the frog eats 14 mosquitoes on tuesday, then the number of flies that it eats can be calculated as following:

\frac{3}{7}=\frac{flies}{14}\\\\flies=\frac{14*3}{7}\\\\flies=6

8 0
2 years ago
Craig is considering four loans. Loan L has a nominal rate of 8.254%, compounded daily. Loan M has a nominal rate of 8.474%, com
nalin [4]
<span>In order for you to be able to determine on which is the best effective interest rate, we need to compute each interest and see on how much would it accrue after it matures. The formula to use is the compound interest formula which is A=P(1+r/n)^nt, wherein A is the amount of due including the interest, P as the principal, r as the interest rate, n as the number of times it would be compounded per year and t as the number of years it would be loaned. To reassign the formula with each given interest rate, and assuming that the amount to be loaned would be 1,000 and the number of years it would be loaned will be 5 years, the amount due after 5 years for the 8.254% compounded daily will be 1,510.82, for the 8.474% compounded weekly will be 1,527.03, for the 8.533% compounded monthly will be 1,529.80, for the 8.604% compounded yearly will be 1,510.88. The best effective interest rate offer would be the 8.254% compounded daily.</span><span />
4 0
2 years ago
Read 2 more answers
A math teacher tells her students that eating a healthy breakfast on a test day will help their brain function and perform well
kogti [31]

Answer:

Step-by-step explanation:

Hello!

To test the claim that eating a healthy breakfast improves the performance of students on their test a math teacher randomly asked 46 students what did they have for breakfast before they took the final exam and classified them as:

<u>Group 1</u>: Ate healthy breakfast

X₁: Number of students that ate a healthy breakfast before the exam and earned 80% or higher.

n₁= 26

<u>Group 2: </u>Did not eat healthy breakfast

X₂: Number of students that did not eat a healthy breakfast before the exam and earned 80% or higher.

n₂= 20

After the test she counted the number of students that got 80% or more in the test for each group obtaining the following sample proportions:

p'₁= 0.50

p'₂= 0.40

The parameters of study are the population proportions, if the claim is true then p₁ > p₂

And you can determine the hypotheses as

H₀: p₁ ≤ p₂

H₁: p₁ > p₂

α: 0.05

Z= \frac{(p'_1-p'_2)-(p_1-p_2)}{\sqrt{p'(1-p')[\frac{1}{n_1} +\frac{1}{n_2}] } } }≈N(0;1)

pooled sample proportion: p'= \frac{x_1+x_2}{n_1+n_2} =\frac{13+8}{46} = 0.46

Z_{H_0}= \frac{(0.5-0.4)-0}{\sqrt{0.46(1-0.46)[\frac{1}{26} +\frac{1}{20}] } } }= 0.67

p-value: 0.2514

The decision rule is:

If p-value ≤ α, reject the null hypothesis.

If p-value > α, do not reject the null hypothesis.

The p-value: 0.2514 is greater than the significance level 0.05, the test is not significant.

At a 5% significance level you can conclude that the population proportion of math students that obtained at least 80% in the test and had a healthy breakfast is equal or less than the population proportion of math students that obtained at least 80% in the test and didn't have a healthy breakfast.

So having a healthy breakfast doesn't seem to improve the grades of students.

I hope this helps!

5 0
2 years ago
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