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Dahasolnce [82]
2 years ago
6

suppose you buy a CD for $250 that earns 3% APR and is compounded quarterly. The CD matures in 5 years, assume that is funds are

withdrawn before the CD matures. The early withdrawal fee is 3 months interest. what is the early withdrawal fee on the account?
Mathematics
2 answers:
ollegr [7]2 years ago
4 0

I got $1.88 For apex

vredina [299]2 years ago
3 0

Answer:

1.88

Step-by-step explanation:

a.p.e.x

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It has been estimated that only about 30% of California residents have adequate earthquake supplies. Suppose we are interested i
lidiya [134]

Answer:

Step-by-step explanation:

We are given that 30% of California residents have adequate earthquake supplies.

a) Ramon variable X denotes the number of the california residents that have adequate earthquake insurance

B) x can take value 1 ,2 ,3 ......

C)The distribution of random variable is geometric distribution with parameter p=0.3

The pmf of geometric distribution is

P(X=x)=0.3(1-0.3)^{x-1} , x=1,2,3...

D)P(X=1) or P(X=2)=P(X=1)+P(X=2)

P(X=1) or P(X=2)=0.3(1-0.3)^{1-1}+0.3(1-0.3)^{2-1}=0.51

E)

P(X \geq 3)=1-P(X

F)

E(X)=\frac{1}{p}

p is the resident who does not have adequate earthquake supplies.

p = 1-0.3 = 0.7

E(X)=\frac{1}{0.7}=1.42

G)E(X)=\frac{1}{q}=\frac{1}{0.3}=3.33

8 0
2 years ago
Grandma Millie is shrinking! Her height decreases by 1 4 cm 4 1 ​ cmstart fraction, 1, divided by, 4, end fraction, start text,
solmaris [256]

Question

Grandma Millie is shrinking! Her height decreases by 1/4 cm each year. What is her total change in height over 3 years?

Answer:

Total change in her height is ¾cm

Step-by-step explanation:

At the end of each year, her height would have decreased by ¼cm

Now we have to determine the total change in her height over 3 years

If the height of Grandma decreases by ¼ in one year

The. Her height would decrease by 3 * ¼ in 3 years

3 * ¼

= ¾ cm

Thus, the total change in her height over 3 years is ¾

7 0
1 year ago
A circle with a radius of 12 inches has an arc that measures 8 pi inches. Find the measure of the central angle determined by th
ivanzaharov [21]
We know that

[length of a circle]=2*pi*r
r=12 in
[length of a circle]=2*pi*12--------------> 24pi in

if 360° (full circle)--------------------> has a length of 24pi in
X-------------------------------------------> 8pi

X=8pi*360/24pi-----------> 120°

the answer is 120°

3 0
1 year ago
I buy the same chips every week and my bill is normally $90.00. Why am I now being charged $108 for the exact same items? What p
Elden [556K]
Hi there! To find the percent of change, do change/original = x/100. The amount of change means to find the distance between two numbers and the original is the previous price. 108 - 90 = 18. Plug in the values in order to get 18/90 = x/100. Cross multiply the values in order to get 1,800 = 90x. Now, divide each side by 90 to isolate the variable. When you do, you get x = 20. The store increased their prices by 20%.
8 0
2 years ago
Read 2 more answers
Explain why a sample of 30 dentists from a large city taken to estimate the median income of all residents of that large city is
WARRIOR [948]

Answer: Because all individuals in the sample have the same job, so the sample is biased.

Step-by-step explanation:

Ignoring the fact that 30 is a small sample for a large city, we already know that all the people in the sample has the same profession.

Now, we can expect that two dentists win have around the same income, but not all the residents in the city are dentists

A lot of them work in fast food, others may be lawyers, others may be freelancers.

We have a lot of jobs where the income does not coincide with the average income of a dentist, so with the sample of 30 dentists we are not actually representing all the other possible jobs that there are in the city.

If we want a sample that represents the income of all the residents, we should have a random sample (so the sample is not biased, like in this case).

7 0
2 years ago
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