answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grigory [225]
2 years ago
9

Tell us how much you're losing in this example:

Mathematics
1 answer:
Sergio [31]2 years ago
7 0

Answer:

My gain in that year is  - $ 176.5

Step-by-step explanation:

I have $ 1,500 in my investment account. Rate of  interest for a year in my investment account = 8.5 %.

So, the amount of money I am making on my investment in a year,

= $ \frac {1500 \times 8.5}{100}

= $ 127 .5

I owe $ 1600 on a credit card . Rate of  interest a year on this credit card debt,  = 19 % .

So, the money I am paying in interest in a year on my card,

= $ \frac {1600 \times 19}{100}

= $ 304

Since, neither I withdraw money from my investment account  except the interest , nor I pay my whole credit card debt except the interest, so, my gain in that year,

= $ (127.5 - 304)

= - $ 176.5

So, my loss in that year is $ 176.5

You might be interested in
Grades on a standardized test are known to have a mean of 1000 for students in the United States. The test is administered to 45
vovikov84 [41]

Answer:

a. The 95% confidence interval is 1,022.94559 < μ < 1,003.0544

b. There is significant evidence that Florida students perform differently (higher mean) differently than other students in the United States

c. i. The 95% confidence interval for the change in average test score is; -18.955390 < μ₁ - μ₂ < 6.955390

ii. There are no statistical significant evidence that the prep course helped

d. i. The 95% confidence interval for the change in average test scores is  3.47467 < μ₁ - μ₂ < 14.52533

ii. There is statistically significant evidence that students will perform better on their second attempt after the prep course

iii. An experiment that would quantify the two effects is comparing the result of the confidence interval C.I. of the difference of the means when the student had a prep course and when the students had test taking experience

Step-by-step explanation:

The mean of the standardized test = 1,000

The number of students test to which the test is administered = 453 students

The mean score of the sample of students, \bar{x} = 1013

The standard deviation of the sample, s = 108

a. The 95% confidence interval is given as follows;

CI=\bar{x}\pm z\dfrac{s}{\sqrt{n}}

At 95% confidence level, z = 1.96, therefore, we have;

CI=1013\pm 1.96 \times \dfrac{108}{\sqrt{453}}

Therefore, we have;

1,022.94559 < μ < 1,003.0544

b. From the 95% confidence interval of the mean, there is significant evidence that Florida students perform differently (higher mean) differently than other students in the United States

c. The parameters of the students taking the test are;

The number of students, n = 503

The number of hours preparation the students are given, t = 3 hours

The average test score of the student, \bar{x} = 1019

The number of test scores of the student, s = 95

At 95% confidence level, z = 1.96, therefore, we have;

The confidence interval, C.I., for the difference in mean is given as follows;

C.I. = \left (\bar{x}_{1}- \bar{x}_{2}  \right )\pm z_{\alpha /2}\sqrt{\dfrac{s_{1}^{2}}{n_{1}}+\dfrac{s_{2}^{2}}{n_{2}}}

Therefore, we have;

C.I. = \left (1013- 1019  \right )\pm 1.96 \times \sqrt{\dfrac{108^{2}}{453}+\dfrac{95^{2}}{503}}

Which gives;

-18.955390 < μ₁ - μ₂ < 6.955390

ii. Given that one of the limit is negative while the other is positive, there are no statistical significant evidence that the prep course helped

d. The given parameters are;

The number of students taking the test = The original 453 students

The average change in the test scores, \bar{x}_{1}- \bar{x}_{2} = 9 points

The standard deviation of the change, Δs = 60 points

Therefore, we have;

C.I. = \bar{x}_{1}- \bar{x}_{2} + 1.96 × Δs/√n

∴ C.I. = 9 ± 1.96 × 60/√(453)

i. The 95% confidence interval, C.I. = 3.47467 < μ₁ - μ₂ < 14.52533

ii. Given that both values, the minimum and the maximum limit are positive, therefore, there is no zero (0) within the confidence interval of the difference in of the means of the results therefore, there is statistically significant evidence that students will perform better on their second attempt after the prep course

iii. An experiment that would quantify the two effects is comparing the result of the confidence interval C.I. of the difference of the means when the student had a prep course and when the students had test taking experience

5 0
1 year ago
A 20-inch diameter bicycle tire rotates 200 times.
fenix001 [56]

Answer: B)1,047 feet

Step-by-step explanation:

Hi, to answer this question, first, we have to calculate the circumference of the tire:

Circumference(C): π x diameter

C = π (20) = 62.83 inches.

Since 1 foot is equal to 12 inches.

62.83 ÷ 12 = 5.23 feet

Finally we have to multiply the result by 200:

5.23 x 200 = 1,047 feet

Feel free to ask for more if needed or if you did not understand something.

8 0
2 years ago
Tiffany put a $1550 item on layaway by making a 20% down payment and agreeing to pay $120 a month. How many months sooner would
amid [387]

1550*0.8=1240

1240/120 = approximately 11 months to pay off

1240/180=approximately 7 months to pay off

11-7 =4

 so it would be paid off 4 months sooner, so C is the answer

5 0
2 years ago
Read 2 more answers
An observational study found that the amount of sleep an employee gets each night is associated with job performance. The correl
Elina [12.6K]

Answer:

The correct option is D.) Causation cannot be determined from an observational study.

Step-by-step explanation:

The conclusion is not correct because

D.) Causation cannot be determined from an observational study.

Causation determined from an observational study is speculative and cannot be confirmed without data from a real experiment.

6 0
2 years ago
Hailey paid \$13$13dollar sign, 13 for 1\dfrac3{7} \text{ kg}1 7 3 ​ kg1, start fraction, 3, divided by, 7, end fraction, start
LenKa [72]

Answer:

The cost of per kilogram of salami is = $9.1

Step-by-step explanation:

Given:

Hailey paid $13 for 1\frac{3}{7} kg of sliced salami.

To find cost per kilogram of salami.

Solution:

We will apply unitary method to find per kilogram cost of salami.

If 1\frac{3}{7} kg of salami costs = $13

Then 1 kg of salami will cost in dollars will be = 13\div 1\frac{3}{7}

In order to divide by mixed numbers, we will convert mixed numbers to fractions.

⇒ 13\div \frac{(7\times1)+3}{7}

⇒ 13\div \frac{10}{7}

In order to divide by fractions we will take reciprocal of divisor and then multiply.

⇒ 13\times \frac{7}{10}

⇒ \frac{13\times7}{10}

⇒ \frac{91}{10}

⇒ 9.1

Thus, cost of per kilogram of salami is = $9.1

3 0
2 years ago
Read 2 more answers
Other questions:
  • Susan wants to make 2 square flags to sell at a crafts fair. The fabric she wants to buy is 3 meters wide. She doesn't want any
    12·2 answers
  • Lisa wrote the following statement: "You can only draw one unique isosceles triangle that contains an angle of 65°." Which state
    15·1 answer
  • Jake bought the pizza shown above for lunch, which was cut into four equal slices. What percentage of the pizza did Jake eat if
    6·2 answers
  • The equation to determine the weekly earnings of an employee at the hamburger shack is given by w(x), where x is the number of h
    7·1 answer
  • What else would need to be congruent to show that STU is congruent to JKL by SAS? tysm! :)
    15·2 answers
  • Six customers enter a three-floor restaurant. Each customer decides on which floor to have dinner. Assume that the decisions of
    12·1 answer
  • The ordered array below represents the number of cargo manifests approved by customs inspectors of the Port of New York in a sam
    14·1 answer
  • What is the solution to the system of equations graphed below?
    5·1 answer
  • If construction costs are $160,000 per kilometer, find the cost of building the new road in the figure
    8·1 answer
  • a linguist had a gross income of $53,350 last year if 17.9% of his income got withheld for federal income tax how much of the li
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!