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LekaFEV [45]
2 years ago
8

Serenity invested $16,000 in an account paying an interest rate of 4.5% compounded annually. Assuming no deposits or withdrawals

are made, how much money, to the nearest hundred dollars, would be in the account after 9 years?
Mathematics
1 answer:
7nadin3 [17]2 years ago
5 0

The final balance is $23,970.67

Step-by-step explanation:

You might be interested in
A wire 22 cm long has a mass of 374 g. What is the mass of 13 cm of this wire?
taurus [48]

Answer:

<u>2</u><u>2</u><u>1</u><u> </u><u>g</u>

The up pinned pic is of inverse variation typed answer.. If u want word problem type answer here are the steps (EVEN IF THE STEPS ARE DIFFERENT ANSWERS REMAIN SAME)

Step-by-step explanation:

Mass of wire from 22cm = 374g

Mass of wire from 1 cm = 374÷22 = 17g

Mass of wire from 13 cm = 13×17 = <u>2</u><u>2</u><u>1</u><u> </u><u>g</u>

7 0
1 year ago
It costs 20 cents to receive a photo and 30 cents to send a photo from a cellphone. C is the cost of one photo (either sent or r
ddd [48]

Answer:

(a) PC(C)=     \left \{ {{0.6 \ \ \ \ x=20} \atop 0.4 \ \ \ \ {x=30}} \right. \\\ 0 \ \ \ \ \ \ \ else

(b) E[C] = 24 cents

Step-by-step explanation:

Given:

Cost to receive a photo = 20 cents

Cost to send a photo = 30 cents

Probability of receiving a photo = 0.6

Probability of sending a photo = 0.4

We need to find

(a) PC(c)

(b) E[C]

Solution:

(a)

PC(C)=     \left \{ {{0.6 \ \ \ \ c=20} \atop 0.4 \ \ \ \ {c=30}} \right. \\\ 0 \ \ \ \ \ \ \ else

(b)

Expected value can be calculated by multiplying probability with cost.

E[C] = Probability × cost

E[C] = 0.6\times20 +0.4 \times 30 = 12 + 12 = 24\  cents

3 0
2 years ago
Which polynomial correctly combines the like terms and expresses the given polynomial in standard form?
STatiana [176]

Answer:

D. 3x^4 + x^3y - 8x^2y^2 + 9xy^3 - 13y^4

Step-by-step explanation:

9xy^3 - 4y^4 - 10x^2y^2 + x^3y + 3x^4 + 2x^2y^2 - 9y^4 =

= 9xy^3 - 13y^4 - 8x^2y^2 + x^3y + 3x^4

= 3x^4 + x^3y - 8x^2y^2 + 9xy^3 - 13y^4

4 0
2 years ago
Read 2 more answers
To plan the budget for next year a college must update its estimate of the proportion of next year's freshmen class that will ne
Naily [24]

Answer:

Null hypothesis:p\leq 0.35  

Alternative hypothesis:p > 0.35  

z=\frac{0.447 -0.35}{\sqrt{\frac{0.35(1-0.35)}{150}}}=2.491  

p_v =P(z>2.491)=0.0064  

So the p value obtained was a very low value and using the significance level assumed \alpha=0.05 we have p_v so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 5% of significance the proportion of applicants who request financial aid is significantly higher than 0.35

Step-by-step explanation:

Data given and notation

n=150 represent the random sample taken

X=67 represent the applicants who request financial aid

\hat p=\frac{67}{150}=0.447 estimated proportion of applicants who request financial aid

p_o=0.35 is the value that we want to test

\alpha represent the significance level

z would represent the statistic (variable of interest)

p_v represent the p value (variable of interest)  

Concepts and formulas to use  

We need to conduct a hypothesis in order to test the claim that the true proportion of applicants who request financial aid is higher than 0.35.:  

Null hypothesis:p\leq 0.35  

Alternative hypothesis:p > 0.35  

When we conduct a proportion test we need to use the z statistic, and the is given by:  

z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}} (1)  

The One-Sample Proportion Test is used to assess whether a population proportion \hat p is significantly different from a hypothesized value p_o.

Calculate the statistic  

Since we have all the info requires we can replace in formula (1) like this:  

z=\frac{0.447 -0.35}{\sqrt{\frac{0.35(1-0.35)}{150}}}=2.491  

Statistical decision  

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.  

The next step would be calculate the p value for this test.  

Since is a right tailed test the p value would be:  

p_v =P(z>2.491)=0.0064  

So the p value obtained was a very low value and using the significance level assumed \alpha=0.05 we have p_v so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 5% of significance the proportion of applicants who request financial aid is significantly higher than 0.35

5 0
2 years ago
How long is bob's journey from aberystwyth to shrewsbury
steposvetlana [31]

Answer: bob will take a while

Step-by-step explanation:

4 0
1 year ago
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