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Novosadov [1.4K]
2 years ago
13

Samantha received a loan from the bank of 4500 she’s plans on paying off the loan and for years at the end of four years Samanth

a will have paid 900 in interest wise the simple interest rate on the bank loan
Mathematics
1 answer:
zheka24 [161]2 years ago
6 0
At the end it will be 20% interest.
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A manufacturing company produces steel housings for electrical equipment. The main component part of the housing is a steel trou
Mrrafil [7]

Answer:

Check the explanation

Step-by-step explanation:

(a)

H0: Population mean = 8.46

H1: Population mean is not equal to 8.46

The test statistic (t) is given by the following expression -

{t=\frac{\overline{x}-\mu_0}{s/\sqrt{n}}}

We have calculated the sample mean (8.421) and sample standard deviation (0.0461). Therefore, the test statistic (t) will be -

t = (8.421 - 8.46)/(0.0461/sqrt(49)) = -5.92

The left-sided critical value from t-distribution (two-tailed) is -2.01. Thus the test statistic falls in the rejection region and we reject the null hypothesis at 95% confidence level and conclude that the population mean is different from 8.46 inches.

(b)

There are the following four assumptions for a single sample t-test.

The observations are in ratio scale.

The observations have been taken in such a manner that every single observation is independent and uncorrelated from the others.

There should not be any significant outliers in the sample observations.

The sample data should be approximately normal.

(c)

The first assumption is true as the data is in inches. The second assumption cannot be tested now. It will depend upon the situation and study design which we assume as correct in this case. The third assumption is checked by plotting a box plot and finding the outliers. The final assumption can be checked using the Anderson-Darling normality test.

Kindly check the graphical table in the attached images below.

(d)

The data is normal (the p-value of Anderson-Darling test in > 0.05). However, two points in the Box plot are outliers though not grossly different from the entire sample data set. So, we conclude that the assumptions are valid in this case for conducting the t-test.

7 0
2 years ago
Timothy is putting fertilizer on a field after planting some crops. The directions on the barrel state to use 0.75 quarts for ea
mote1985 [20]

Answer

Find out the how much fertilizer will Timothy need for two fields, one that is 22.5 acres and one that is 38.25 acres .

To proof

As given

Timothy is putting fertilizer on a field after planting some crops

The directions on the barrel state to use 0.75 quarts for each acre of land.

fertilizer will Timothy need for 22.5 acres = 22.5 × 0.75

                                                                     = 16.875 quarts

fertilizer will Timothy need for 38.25 acres = 38.25×0.75

                                                                       = 28.6875 quarts

total fetilizer Timothy need for two fields = 16.875 +  28.6875

                                                                   = 45.5625

                                                                   = 45.6 ( approx )quarts

Therefore the total  fertilizer will Timothy need for two fields be  45.6 ( approx )quarts .

Hence proved

                                               

6 0
2 years ago
Jovie is maintaining a camp fire. She has kept the fire steadily burning for 101010 hours with 151515 logs. She wants to know ho
Eva8 [605]

Answer:666 hours

Step-by-step explanation: The reason is that if you turn the problem into an equation it would be h=Lx. h= hours. L=how long the log lasts and x=how many logs. So when you plug in the numbers you get 101010=L*151515. So we need to find L. What you do is you divide both sides by 151515 since it is the opposite of multiplication. 151515/151515 gets crossed out and 101010/151515 is .6666666666666 irrational. So the equation now looks like .666666 irrational=L. So .66666 irrational is your L. Know you plug .666666 irrational into your original equation. Which is now h=.6666 irrational*x. So to find how long the fire keeps on burning with 999 logs you just plug 999 into x and now your equation looks like this h=.6666 irrational*999. If you multiply .6666 irrational by 999 your final answer is 666.

8 0
2 years ago
Is y=x to the 2nd power + 6 linear on nonlinear and why?
Anna35 [415]
It is nonlinear because X is being raised to the second power
6 0
2 years ago
Liz is buying a home for $426,000. She is making a 22% down payment and financing the rest with a 20-year loan at 5.25% interest
olga55 [171]

Answer:

  • <em><u>$869,776</u></em>

Explanation:

<u>1. Mortgage table</u>

Find attached a sample of a mortgage table per 1,000 dollars borrowed.

You have to use the number in the intersection of the row for 5.25% interest and the column for 20 years.

The number is $6.74.

That means that, for every $1,000 borrowed for 20 years at 5.25% interest you will pay $6.74 every month.

<u>2. Amount borrowed</u>

You will make a 22% down payment:

        22\%\times \$ 426,000=\$ 93,720

Thus the amount borrowed is $426,000 - $93,720 = $332,280

<u>3. Monthly payment</u>

Multiply the monthly payment per 1,000 by the amount borrowed divided by 1,000:

      \$ 6.74\times 322,280/1,000=\$ 2,239.57

<u />

<u>4. Total monthly payments:</u>

Multiply the number of payments by the monthly payment.

Number of payments = 20 years × 12 payments /year = 240 payments.

        \$ 2,239.57\times 240=\$ 537,496.13

<u>5. Total payment for the home.</u>

The total payment for the home will be the down payment plus the amount paid to the bank:

  • $322,280 + $537,496 = $869,776

6 0
2 years ago
Read 2 more answers
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