Answer:
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
1) From the information given,
P = cost of gym = $2200
R = 6%
T = 3 years
I = (2200 × 6 × 3)/100 = $395
The total amount that he would pay after 3 years is
2200 + 395 = $2596
If he decides to continue going to the gym, the total amount that the would pay in 3 years(3 × 12 = 36 is
80 × 36 = 2880
Therefore, paying for the gym would cost more. He should take the loan.
2) if she takes the loan, the interest would be
I = (18000 × 7.5 × 5)/100 = $6750
The total amount that she would pay back after 5 years is
6750 + 18000 = $24750
Since the value that would be added to her house is $25000, therefore, she should buy it.
Answer:
Step-by-step explanation: It’s the perimeter of each shape so you add the outside of the shape up. The second question is 11.2 and 12 as the width and length. The 11.2 is the width so on the other side it is 11.2, and the length is 12 so the other side is 12. You then add them all up and get your answer.
2/3 x 1/5 = 2/15 that is the answer
Answer: a) (1008.34,1019.658) b) (1009.24,1018.76)
Step-by-step explanation:
Since we have given that
n = 75
mean = 1014 hours
Standard deviation = 25 hours
At 95% two sided , z = 1.96
So, confidence interval would be
(b) Construct a 95% lower confidence bound on the mean life.
z = 1.65
So, confidence interval would be
Hence, a) (1008.34,1019.658) b) (1009.24,1018.76)
1 is B
2 is C
3 is A
4 is E
It's a simple question if you use the graph. I recommend you plot the points, so hopefull you can see how i got the answers.