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Nina [5.8K]
2 years ago
4

Lili has saved $2,500 money from her part time job at a bakery. Since she will not need this money for a few years, she decides

to put the money in a 3-year CD (Certificate of Deposit) at a local credit union. The credit union offers Lili 2.75% APR, compounded quarterly. How much will Lili's CD be worth at the end of the 3 years?
Mathematics
1 answer:
alukav5142 [94]2 years ago
5 0

Answer:

Lili's CD be worth at the end of 3 years is $2714.23

Step-by-step explanation:

Lili deposit $2500 at the Annual percent rate 2.75% and for 3 years compounded quarterly.

Let's use formula

A = p(1+\frac{r}{n} )^{n*t}

From the given information

p=2500

r =0.0275

t=3

n=4

Plug in these values into the formula

A=2500(1+\frac{0.0275}{4})^{4*3}

Simplify the right side of the equation,

A=$2714.23

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The path traveled by a bottlenose dolphin as it jumps out of water is modeled by the equation y = −0.4x2 + 3x, where y is the he
Tamiku [17]

Answer:

5 feet

Step-by-step explanation:

The path traveled by a bottlenose dolphin as it jumps out of water is modeled by the equation,

y=-0.4x^2+3x

where y is the height above water and x is the horizontal distance in feet.

If a beam of light is shone upward at an angle modeled by the equation

x+y=10

A beam of light hit the dolphin.

So, line must be intersect path of dolphin.

Using substation method,

Substitute y=10-x into dolphin equation.

10-x=-0.4x^2+3x

-0.4x^2+4x-10=0

x=\dfrac{-4\pm\sqrt{4^2-4(-10)(-0.4)}}{2(-0.4)}

x=5\text{ feet }

y=5\text{ feet }

Hence, The beam hit dolphin at 5 feet.

8 0
2 years ago
What is the common ratio between successive terms in the sequence 1.5, 1.2, 0.96, 0.768
Pani-rosa [81]

Answer:

To determine the common ratio of a geometric sequence. You just need to divide any two consecutive terms on it. You can see below that all of them have the same quotient.

1.2 / 1.5 = 0.8

0.96 / 1.2 = 0.8

0.768 / 0.96 = 0.8

.

Decimal form = 0.8

Fraction form = 4/5

.

Check:

1.5 x 0.8 = 1.2

1.5 x 4/5 = 6/5 = 1 1/5 = 1.2

Therefore, the common ratio between successive terms in the sequence? 1.5, 1.2, 0.96, 0.768 is 0.8 or 4/5.

6 0
2 years ago
The U.S. Bureau of Labor Statistics reports that 11.3% of U.S. workers belong to unions (BLS website, January 2014). Suppose a s
andrezito [222]

Answer:

a) Null hypothesis:p \leq 0.113  

Alternative hypothesis:p > 0.113  

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

Replacing we got:

z=\frac{0.13 -0.113}{\sqrt{\frac{0.113(1-0.113)}{400}}}=1.074  

The p value for this case would be given by:

p_v =P(z>1.074)=0.141  

c) For this case we see that the p value is higher than the significance level of 0.05 so then we have enough evidence to FAIL to reject the null hypothesis and we can't conclude that the true proportion workers belonged to unions is significantly higher than 11.3%

Step-by-step explanation:

Information given

n=400 represent the random sample taken

X=52 represent the  workers belonged to unions

\hat p=\frac{52}{400}=0.13 estimated proportion of workers belonged to unions

p_o=0.113 is the value that we want to test

\alpha=0.05 represent the significance level

Confidence=95% or 0.95

z would represent the statistic

p_v represent the p value

Part a

We want to test if the true proportion of interest is higher than 0.113 so then the system of hypothesis are.:  

Null hypothesis:p \leq 0.113  

Alternative hypothesis:p > 0.113  

Part b

The statistic is given by:

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

Replacing we got:

z=\frac{0.13 -0.113}{\sqrt{\frac{0.113(1-0.113)}{400}}}=1.074  

The p value for this case would be given by:

p_v =P(z>1.074)=0.141  

Part c

For this case we see that the p value is higher than the significance level of 0.05 so then we have enough evidence to FAIL to reject the null hypothesis and we can't conclude that the true proportion workers belonged to unions is significantly higher than 11.3%

8 0
2 years ago
Kristin is swimming in the ocean and notices a coral reef below her. The angle of depression is 35∘ and the depth of the ocean,
LenaWriter [7]

Answer:

Distance: 435.9 ft


Step-by-step explanation:

This is a right triangle shown in the picture.

To solve for x, we can use trigonometry.

The 35° angle's opposite side is 250 ft and the hypotenuse of the triangle is x (what we are seeking to find).

The ratio that relates opposite and hypotenuse is sine.


<em>We know that,</em>

sin(angle)=\frac{opposite}{hypotenuse}

<em>Thus we can write:</em>

sin(35)=\frac{250}{x}

<em>Cross multiplying and solving for x gives us:</em>

sin(35)=\frac{250}{x}\\x=\frac{250}{sin(35)}\\x=435.9


Second answer choice is right: 435.9 ft

6 0
2 years ago
Steven rents an apartment in an all-wood building in the city suburbs. The
Alex Ar [27]

Answer:127.50

Step-by-step explanation:

8 0
2 years ago
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