The average daily balance for the month was $84.21, and the finance charge for the month was $30.13.
<h3><u>Averages</u></h3>
Given that Sally's balance on her credit card is $75.00 on the first day of August, and she makes a payment of $18.00 on August 17 and a new purchase of $41.00 on August 29, and the annual interest rate is 21.25%, to determine what is Sally's average daily balance and finance charge for the month of August, the following calculation must be made:
- 75 x ((21.15/12 x 16) / 100) + 75 = A = 86.89
- 57 x ((21.15/12 x 13) / 100) + 57 = B = 70.06
- 98 x ((21.15/12 x 3) / 100) + 98 = C = 103.18
- (86.89 x 16 + 70.06 x 13 + 103.18 x 3) / 31 = X
- 84.21 = X
- 86.89 + 70.06 + 103.18 - 75 - 57 - 98 = Y
- 30.13 = Y
Therefore, the average daily balance for the month was $84.21, and the finance charge for the month was $30.13.
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Answer:
Option c.
Step-by-step explanation:
Using the normal curve to approximate a sampling distribution:
For a sample size n and a proportion n, the normal curve can be used if:
and 
Option a:
So option a cannot be used.
Option b:
So option b cannot be used.
Option c:
So option c can be used, and is the answer
Option d:
So option d cannot be used.
The answer is given by option c.
Answer: 9,600
Step-by-step explanation:
I could possibly did wrong but I shall explain this none the less. I first knew that 10% of 16,000 was 1,600. So then I just timed that by four getting 6,400. I then did 16,000-6,400 getting $9,600. Sorry if I’m wrong
Answer:
Step-by-step explanation:
The record of the statistics and the summary statistics which are the missing files in the question are attached below.
From the given information:
The null hypothesis and the alternative hypothesis can be represented by :
There is no difference between the average time spend by men and women at gym each week
The average time spend by men is greater than the average time spend by women at the gym each week
From the summary statistics in the attached file below:
The p-value = 0.3253
Level of significance = 5% = 0.05
Therefore; it is obvious that the p-value is greater than the level of significance i.e (0.3253 > 0.05)
Hence; there is no enough evidence to reject the null hypothesis
CONCLUSION: We conclude that the mean number of minutes exercised per week is larger for men than women at the this gym.
