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Volgvan
1 year ago
13

If a person invests $220 at 7% annual interest, find the approximate value of the investment at the end of 10 years.

Mathematics
2 answers:
xz_007 [3.2K]1 year ago
6 0
The amount is $432.77 and the interest is $212.77

frez [133]1 year ago
5 0

\bf ~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill & \$220\\ r=rate\to 7\%\to \frac{7}{100}\dotfill &0.07\\ t=years\dotfill &10 \end{cases} \\\\\\ A=220[1+(0.07)(10)]\implies A=220(1.7)\implies A=374

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The subjects of a study by Dugoff et al. (A-5) were 10 obstetrics and gynecology interns at the University of Colorado Health Sc
astra-53 [7]

Answer:

The 95 percent confidence interval for the mean of the population from which the study subjects may be presumed to have been drawn is (19.1269, 32.6730).

Step-by-step explanation:

Intern            No. of Breast

Number        Exams Performed               X²

1                         30                                  900

2                        40                                 1600

3                        8                                        64

4                        20                                   400

5                          26                                 676

6                           35                               1225

7                            35                               1225

8                            20                                400

9                             25                              625

<u>10                                 20                        400 </u>

<u>                                   </u><u> ∑ 259                  ∑ 7515</u>

Mean= X`= ∑x/n= 259/10= 25.9

Variance = s²= 1/n-1[∑X²- (∑x)²/n]

= 1/0[7515- (259)²/10]= 1/9[7515- 6708.1]

= 806.9/9=89.655= 89.66

Standard Deviation= √89.655= 9.4687

Hence

The value of t with significance level alpha= 0.05 and 9 degrees of freedom  is t(0.025,9)= 2.262

The 95 % Confidence interval is given by

x`±t(∝,n-1) s/√n

So Putting the values

25.9± 2.262( 9.4687/√10)

= 25.9 ±2.262 (2.9943)

= 25.9 ± 6.7730

= 25.9 +6.7730=32.6730

25.9 -6.7730= 19.1269

= 19.1269, 32.6730

The 95 percent confidence interval for the mean of the population from which the study subjects may be presumed to have been drawn is (19.1269, 32.6730).

6 0
2 years ago
the numbers below follow a pattern 0.006 0.06 0.6 6 what are the next two numbers in the pattern and what is the relationship be
aleksklad [387]
66, then 666, I am assuming cause of how it goes .006 ---> .06 --> .6 ---> 6
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2 years ago
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Chuck has a gross pay of $815.70. By how much will Chuck’s gross pay be reduced if he has the following items withheld?
Alex787 [66]

Answer:

273.38

Step-by-step explanation:

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Add those 3 totals to the additional $56 in federal tax

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2 years ago
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Let , coordinate of points are P( h,k ).

Also , k = 3h + 1

Distance of P from origin :

d=\sqrt{h^2+k^2}

Distance of P from ( -3, 4 ) :

d=\sqrt{(h+3)^2+(k-4)^2}

Now , these distance are equal :

h^2+(3h+1)^2=(h+3)^2+(3h+1-4)^2\\\\h^2+(3h+1)^2=(h+3)^2+(3h-3)^2

Solving above equation , we get :

P=(\dfrac{16}{21},\dfrac{23}{7})

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So to get the $ spent on misc items, just add up the other expenses and subtract it from 3600:

2500+650+430=3580\\ \\ 3600-3580=\$ 20

Now to put them into fractions.

Tuition: \frac{2500}{3600}=\frac{25}{36}

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Food: \frac{430}{3600}=\frac{43}{360}

Misc: \frac{20}{3600}=\frac{1}{180}

8 0
1 year ago
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