Pavi has a credit line of $8,000 on his credit card. Review the summary of his credit card statement. How much credit does Pavi
1 answer:
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Answer:
The amount that will go towards the balance is 385.71.
Step-by-step explanation:
The information provided is:
P = Principal of loan = $15,000
r = interest rate = 5.4% p.a. =
n = number of periods = 36
The amount of the monthly payment that will go towards the balance is:
Amount towards the balance = EMI - Interest
First compute the Equated monthly installments (EMI) as follows:
Now compute the interest as follows:
The amount that will go towards the balance is,
Amount towards the balance = EMI - Interest
= 453.21 - 67.5
= 385.71
Thus, the amount that will go towards the balance is 385.71.
Answer:
a) Narrower
b) Narrower
c) Wider
Step-by-step explanation:
We are given the following in the question:
Proportion of coworker who received flu vaccine = 32%
98% confidence interval: (0.231, 0.409)
Confidence interval:
a) Sample size had been 600 instead of 150
If we increase the sample size, thus the standard error of the interval decreases.
Since the standard error decreases, the confidence interval become narrower.
b) Confidence level had been 90% instead of 98%
As the confidence level increases, the confidence interval becomes narrower. This is due to a smaller value of z-statistic at 90% confidence level.
c) Confidence level had been 99% instead of 98%
As the confidence level increases, the width of the confidence interval increases and the confidence interval become wider. This is because of a larger value of z-statistic at 99% confidence interval.
Answer:
The graph in the attached figure
Step-by-step explanation:
Let
x -----> the number of solved puzzles
y -----> the number of solved riddles
we know that
The solution of the inequality is the shaded area above the solid line
The slope of the solid line is negative
The y-intercept of the solid line is the point (0,4)
The x-intercept of the solid line is the point (2,0)
therefore
The graph in the attached figure
