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2 years ago

Jim Ryan, an owner of a Burger King restaurant, assumes that his restaurant will need a new roof in 7 years. He estimates the ro

of will cost him $9,000 at that time. What amount should Jim invest today at 6% compounded quarterly to be able to pay for the roof

Mathematics

1 answer:

Lelu [443]2 years ago

6 0

$\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\to &\$9000\\
P=\textit{original amount deposited}\\
r=rate\to 6\%\to \frac{6}{100}\to &0.06\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{quarterly, thus four}
\end{array}\to &4\\
t=years\to &7
\end{cases}
\\\\\\
9000=P\left(1+\frac{0.06}{4}\right)^{4\cdot 7}\implies 9000=P(1.015)^{28}\implies \cfrac{9000}{1.015^{28}}=P$

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Crop researchers plant 15 plots with a new variety of corn. The yields in bushels per acre are: 138.0 139.1 113.0 132.5 140.7 10

son4ous [18]

There is a relationship between confidence interval and standard deviation:
$\theta=\overline{x} \pm \frac{z\sigma}{\sqrt{n}}$
Where $\overline{x}$ is the mean, $\sigma$ is standard deviation, and n is number of data points.
Every confidence interval has associated z value. This can be found online.
We need to find the standard deviation first:
$\sigma=\sqrt{\frac{\sum(x-\overline{x})^2}{n}$
When we do all the calculations we find that:
$\overline{x}=123.8\\ \sigma=11.84$
Now we can find confidence intervals:
$($90\%,z=1.645): \theta=123.8 \pm \frac{1.645\cdot 11.84}{\sqrt{15}}=123.8 \pm5.0\\($95\%,z=1.960): \theta=123.8 \pm \frac{1.960\cdot 11.84}{\sqrt{15}}=123.8 \pm 5.99\\ ($99\%,z=2.576): \theta=123.8 \pm \frac{2.576\cdot 11.84}{\sqrt{15}}=123.8 \pm 7.87\\$
We can see that as confidence interval increases so does the error margin. Z values accociated with each confidence intreval also get bigger as confidence interval increases.
Here is the link to the spreadsheet with standard deviation calculation:
https://docs.google.com/spreadsheets/d/1pnsJIrM_lmQKAGRJvduiHzjg9mYvLgpsCqCoGYvR5Us/edit?usp=sharing

6 0

2 years ago

On a cruise of 1125 passengers. 450 were female what fraction of passengers were male?

WINSTONCH [101]

Step-by-step explanation:

$\\1125-450=675$

$\frac{675}{1125}$ $=\frac{3}{5}$

4 0

2 years ago

4C. Quintin is using the three different shaped

Sauron [17]

The smallest number of tiles Quintin will need in order to tile his floor is 20

The given parameters;

number of different shapes of tiles available = 3

number of each shape = 5

area of each square shape tiles, A = 2000 cm²

length of the floor, L = 10 m = 1000 cm

width of the floor, W = 6 m = 600 cm

To find:

the smallest number of tiles Quintin will need in order to tile his floor

Among the three different shapes available, total area of one is calculated as;

$A_{one \ square \ type} = 5 \times 2000 \ cm^2 = 10,000 \ cm^2$

Area of the floor is calculated as;

$A_{floor} = 1000 \ cm \times 600 \ cm = 600,000 \ cm^2$

The maximum number tiles needed (this will be possible if only one shape type is used)

$maximum \ number= \frac{Area \ of \ floor}{total \ area \ of \ one \ shape \ type} \\\\maximum \ number= \frac{600,000 \ cm^2}{10,000 \ cm^2} \\\\maximum \ number= 60$

When all the three different shape types are used we can get the smallest number of tiles needed.

The minimum or smallest number of tiles needed (this will be possible if all the 3 different shapes are used)

$3 \times \ smallest \ number = 60\\\\smallest \ number = \frac{60}{3} \\\\smallest \ number = 20$

Thus, the smallest number of tiles Quintin will need in order to tile his floor is 20

Learn more here: brainly.com/question/13877427

3 0

2 years ago

What is the exact value of the cos F?

Galina-37 [17]

Answer:

cos(F) = 9/41

Step-by-step explanation:

The triangles are similar, so you know that ...

... cos(D) = cos(A) = 40/41.

From trig relations, you know ...

... cos(F) = sin(D)

and

... sin(D)² +cos(D)² = 1

So ...

... cos(F) = sin(D) = √(1 -cos(D)²) = √(1 -(40/41)²) = √(81/1681)

... cos(F) = 9/41

_____

The ratio for cos(A) tells you that you can consider AB=40, AC=41. Then, using the Pythagorean theorem, you can find BC = √(41² -40²) = √81 = 9.

From the definition of the cosine, you know cos(C) = BC/AC = 9/41. Because the triangles are similar, you know

... cos(F) = cos(C) = 9/41

7 0

2 years ago

During a field trip, 60 students are put into equal-sized groups. Describe two ways to interpret 60÷5 60 ÷ 5 in this context. Fi

Afina-wow [57]

The second question:

Consider the division expression $7\frac{1}{2} / 2$ . Select all multiplication equations that correspond to this division expression.

$2 * ? = 7\frac{1}{2}$ $7\frac{1}{2} * ?= 2$ $? * 2 = 7\frac{1}{2}$

$2* 7\frac{1}{2} = ?$ $? * 7\frac{1}{2} = 2$

Answer:

1. See Explanation

2. $2 * ? = 7\frac{1}{2}$ and $? * 2 = 7\frac{1}{2}$

Step-by-step explanation:

Solving (a):

Given

$Students = 60$

$Group = Equal\ Sized$

Required

Interpret $\frac{60}{5}$ in 2 ways

Interpretation 1: Number of groups if there are 5 students in each

Interpretation 2: Number of students in each group if there are 5 groups

Solving the quotient

$Quotient = \frac{60}{5}$

$Quotient = 12$

For Interpretation 1:

The quotient means: 12 groups

For Interpretation 2:

The quotient means: 12 students

Solving (b):

Given

$7\frac{1}{2} / 2$

Required

Select all equivalent multiplication equations

Let ? be the quotient of t $7\frac{1}{2} / 2$

So, we have:

$7\frac{1}{2}/2 = ?$

Multiply through by 2

$2 * 7\frac{1}{2}/2 = ? * 2$

$7\frac{1}{2} = ? * 2$

Rewrite as:

$? * 2 = 7\frac{1}{2}$ --- This is 1 equivalent expression

Apply commutative law of addition:

$2 * ? = 7\frac{1}{2}$ --- This is another equivalent expression

8 0

2 years ago