According to the Census Bureau, 3.34 people reside in the typical American household. A sample of 26 households in Arizona retirement communities showed the mean number of residents per household was 2.70 residents. The standard deviation of this sample was 1.17 residents. At the .10 significance level, is it reasonable to conclude the mean number of residents in the retirement community household is less than 3.34 persons?



(a) State the null hypothesis and the alternate hypothesis. (Round your answer to 2 decimal places.)


H0: ? ?
H1: ? <


(b)
State the decision rule for .10 significance level. (Negative amount should be indicated by a minus sign. Round your answer to 3 decimal places.)



Reject H0 if t <

(c)
Compute the value of the test statistic. (Negative amount should be indicated by a minus sign. Round your answer to 3 decimal places.)



Value of the test statistic

(d)
Is it reasonable to conclude the mean number of residents in the retirement community household is less than 3.34 persons?



H0. Mean number of residents less than 3.34 persons.

Answers

Answer 1

Answer:

Step-by-step explanation:

Given that:

Mean = 3.34

sample size = 26

sample mean = 2.7

standard deviation = 1.17

level of significance = 0.10

The null hypothesis and the alternative hypothesis can be computed as follows:

[tex]\mathtt{H_o: \mu \geq 3.34} \\ \\ \mathtt{H_1: \mu < 3.34}[/tex]

degree of freedom = n - 1

degree of freedom = 26 -1

degree of freedom =  25

level of significance = 0.10

Since the alternative hypothesis contains <, then the test is left tailed

[tex]\mathtt{t_{\alpha, df} = t_{0.10, 25}}[/tex]

[tex]\mathtt{t_{0.10, 25}}[/tex] = - 1.316

The rejection region therefore consist of all values smaller than - 1.316, therefore ; reject [tex]H_o[/tex] if t < -1.316

The test statistics can be computed as follows:

[tex]t = \dfrac{X - \mu}{\dfrac{\sigma}{\sqrt{n}}}[/tex]

[tex]t = \dfrac{2.7 - 3.34}{\dfrac{1.17}{\sqrt{26}}}[/tex]

[tex]t = \dfrac{-0.64}{\dfrac{1.17}{5.099}}[/tex]

t = - 2.789

Decision Rule:  To reject the null hypothesis if the t test lies in the rejection region or less than the rejection region.

Conclusion: We  reject the null hypothesis since t = (- 2.789) < -1.316. Then we conclude that  the mean number of residents in the retirement community household is less than 3.34 persons.


Related Questions

Sam have worked these hours during the week: 4.5, 8.75, 9.5, 10, and 4.25 hours. How many hours did Sam work?

Answers

Answer:

37 hours

Step-by-step explanation:

4.5 + 8.75 + 9.5 + 10 + 4.25 = 37 hours

Answer:

37 hours

Step-by-step explanation:

4.5 hours = 4 hrs and 30 mins

8.75 hrs = 8 hrs and 45 mins

9.5 hrs = 9 hrs and 30 mins

10 hrs = 10 hrs and 0 min

4.25 hrs = 4 hrs and 15 mins

(30 + 45 + 30 + 15) mins = 2 hrs

Therefore, total hours Sam worked = (4 + 8 + 9 + 10 + 4 + 2) hrs = 37 hours

What is the slope of the line shown below?



A. -3/2

B. 3/2

C. 2/3

D. -2/3

Answers

Answer:

2/3

Step-by-step explanation:

We can find the slope using the slope formula

m = ( y2-y1)/(x2-x1)

   = (1- -7)/(9 - -3)

   = ( 1+7)/( 9+3)

   = 8/12

Simplifying

   = 2/3

Answer:

C. 2/3

Step-by-step explanation:

You can use the equation: [tex]y_{2} - y_{1}/x_{2} - x_{1}[/tex] to find the slope.

y2 is equal to the y coordinate of the second point: 1

y1 is equal to the y coordinate of the first point: -7

x2 is equal to the x coordinate of the second point: 9

x1 is equal to the x coordinate of the first point: -3

So if you plug these values into the equation, you will get:

1 - (-7)/ 9- (-3)

= 1 + 7/ 9 + 3

= 8/12

= 2/3

At a baby shower, 15 guests are in attendance and 4 of them are randomly selected to receive a door prize. If all 4 prizes are identical, in how many ways can the prizes be awarded?

Answers

Answer:

1365

Step-by-step explanation:

We figure out combinations using this formula:    n!

                                                                              r!(n-r)!

n=15

r=4

So n!= 15x14x13x12x11x0x9x8x7x6x5x4x3x2x1

r! = 4x3x2x1 times 15-4!, which is 11! = 11x10x9x8x7x6x5x4x3x2x1

Put this together and you have 15x14x13x12/4x3x2x1=

There are 1365 different ways to award the 4 door prizes to 4 guests from a group of 15 guests.

What are the Combinations?

Combinations are the procedures used in mathematics to pick k things from n different items without replacement.

The following formula computes the combinations of k items from n:

(n, k) = n! / k!×(n-k)!

The number of ways to award the 4 door prizes to 4 guests out of a group of 15 guests is a combinatorial problem that can be calculated using the formula.

Here, n = 15 (the total number of guests) and k = 4 (the number of prizes to be awarded).

So, the number of ways to award the prizes is:

C(15, 4) = 15! / (4! (15 - 4)!)

= 15! / (4! 11!)

= 15 x 14 x 13 x 12 / (4 x 3 x 2 x 1)

= 1365.

Therefore, there are 1365 different ways to award the 4 door prizes to 4 guests from a group of 15 guests.

Learn more about permutation here:

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Jullian measures the distance he drives to work each day using the odometer on his car, which measures distance in miles, accurate to the nearest tenth of a mile. Using that measurement, he claims that the exact distance he drives to work is 11.7 miles. Use complete sentences to explain why jullian is incorrect

Answers

Answer:

Kindly check explanation

Step-by-step explanation: Jullian's claim that the distance she drives to work is exactly 11.7miles is incorrect because, in other to record or get the exact result of a certain calculation such as Jullian's Distance, the value of the distance obtained will not be approximated or rounded. In this scenario, Distance was to the nearest tenth of a mile, thereby altering the true outcome of the calculation.

The word exact means that what is stated is very precise and does not fall below or above in any respect. However, a number whose accuracy is to the nearest tenth of a mile, violates this assertion.

Write the form of the partial fraction decomposition of the rational expression. Do not solve for the constants. 5x − 4 x(x2 + 7)2

Answers

Answer:

[tex]\frac{5x-4}{x(x^2+7)^2} = \frac{A}{x} + \frac{Bx+C}{x^2+7} + \frac{Dx+E}{(x^2+7)^2}[/tex]

Step-by-step explanation:

Given the expression [tex]\frac{5x-4}{x(x^2+7)^2}[/tex], we are to re-write the expression in form of a partial fraction.

Before we write in form of a partial fraction, we need to note the expression at the denominator. Since the expression in parenthesis is a quadratic equation, the equivalent numerator must be a linear expression.

Also the quadratic equation is a repeated form since it is squared. This means that we are to repeat the quadratic equation twice when writing as a partial fraction.

[tex]\frac{5x-4}{x(x^2+7)^2} = \frac{A}{x} + \frac{Bx+C}{x^2+7} + \frac{Dx+E}{(x^2+7)^2}[/tex]

From the above partial fraction, it can be seen that x² + 7 in parenthesis was repeated twice and their equivalent expressions at the numerator are  both linear i.e Bx+E and Dx+ E where A, B, C, D and E are the unknown constant.

The amount of money spent on textbooks per year for students is approximately normal.
a. To estimate the population mean, 19 students are randomly selected the sample mean was $390 and the standard deviation was $120. Find a 95% confidence for the population meam.
b. If the confidence level in part a changed from 95% 1to1999%, would the margin of error for the confidence interval (mark one answer): decrease stay the same increase not enough information to answer
c. If the sample size in part a changed from 19 10 22. would the margin of errot for the confidence interval (mark one answer): decrease in stay the same increase in not enough information to answer
d. To estimate the proportion of students who purchase their textbookslused, 500 students were sampled. 210 of these students purchased used textbooks. Find a 99% confidence interval for the proportion of students who purchase used text books.

Answers

Answer:a

a

   [tex]336.04 < \mu < 443.96[/tex]

b

  The  margin of error will increase

c

The  margin of error will decreases

d

The 99% confidence interval is  [tex]0.4107 < p < 0.4293[/tex]

Step-by-step explanation:

From the question we are  told that

   The sample size  [tex]n = 19[/tex]

    The sample mean is  [tex]\= x = \$\ 390[/tex]

    The  standard deviation is  [tex]\sigma = \$ \ 120[/tex]

 

Given that the confidence level is  95% then the level of significance is mathematically represented as

           [tex]\alpha = 100 - 95[/tex]

          [tex]\alpha = 5 \%[/tex]

          [tex]\alpha = 0.05[/tex]

Next we obtain the critical value of [tex]\frac{\alpha }{2}[/tex] from the normal distribution table

    So  

         [tex]Z_{\frac{\alpha }{2} } = 1.96[/tex]

The  margin of error is mathematically represented as

      [tex]E = Z_{\frac{\alpha }{2} } * \frac{\sigma}{\sqrt{n} }[/tex]

=>    [tex]E = 1.96 * \frac{120}{\sqrt{19} }[/tex]

=>   [tex]E = 53.96[/tex]

The 95% confidence interval is  

     [tex]\= x - E < \mu < \= x + E[/tex]

=>   [tex]390 - 53.96 < \mu < 390 - 53.96[/tex]

=>  [tex]336.04 < \mu < 443.96[/tex]

When the confidence level increases the [tex]Z_{\frac{\alpha }{2} }[/tex] also increases which increases the margin of error hence the confidence level becomes wider

Generally the sample size mathematically varies with margin of error as follows

         [tex]n \ \ \alpha \ \ \frac{1}{E^2 }[/tex]

So if the sample size increases the margin of error decrease

The  sample proportion is mathematically represented as

       [tex]\r p = \frac{210}{500}[/tex]

       [tex]\r p = 0.42[/tex]

Given that the confidence level is 0.99 the level of significance is  [tex]\alpha = 0.01[/tex]

The critical value of [tex]\frac{\alpha }{2}[/tex] from the normal distribution table is  

      [tex]Z_{\frac{\alpha }{2} } = 2.58[/tex]

  Generally the margin of error is mathematically represented as

       [tex]E = Z_{\frac{\alpha }{2} }* \sqrt{ \frac{\r p (1- \r p )}{n} }[/tex]

=>   [tex]E = 0.42 * \sqrt{ \frac{0.42 (1- 0.42 )}{ 500} }[/tex]

=>     [tex]E = 0.0093[/tex]

The 99% confidence interval  is

     [tex]\r p - E < p < \r p + E[/tex]

     [tex]0.42 - 0.0093 < p < 0.42 + 0.0093[/tex]

     [tex]0.4107 < p < 0.4293[/tex]

 

If f(x)=ax+b and f(2)=1 and f(-3)=11, what is the value of A?

Answers

Answer:

a = -2

Step-by-step explanation:

f(x)=ax+b

f(2)=1  

f(-3)=11

f(2) = 1   means   2a+b =1

f(-3)=11   means   -3a + b = 11

Subtracting the two equations

-(-3a +b =11) becomes 3a -b = -11   so we can add

2a+b =1

3a - b = -11

----------------------

5a = -10

Divide by 5

5a/5 = -10/5

a=-2

A piece of buttered toast falls to the floor 17 times. The toast landed buttered side up 6 times. What is the probability that the toast lands buttered side down?

Answers

Step-by-step explanation:

Given that,

A piece of buttered toast falls to the floor 17 times. The toast landed buttered side up 6 times.

It means that the total number of outcomes are 17

We need to find the probability that the toast lands buttered side down. Favourable oucome is 17-6 = 11

So, probability is given by :

[tex]P(E)=\dfrac{\text{favourable outcomes}}{\text{total no of outcomes}}[/tex]

[tex]P(E)=\dfrac{11}{17}[/tex]

So, the  probability that the toast lands buttered side down is 11/17.

Find the probability that when a couple has four ​children, at least one of them is a boy. ​(Assume that boys and girls are equally​ likely.)

Answers

Answer:

The probability that at least, one of the four children the couple has is a boy is 0.8.

Step-by-step explanation:

Given that boys and girls are equally likely, we want to find the probability of having at least, one boy, from four children..

Note that it is possible to have the following for 4 children:

1. 4 boys, 0 girls

2. 3 boys, 1 girl

3. 2 boys, 2 girls

4. 1 boy, 3 girls

5. 0 boys, 4 girls.

To have at least, one boy, out of the 5 options, only 4 is possible.

1. 4 boys, 0 girls.........YES

2. 3 boys, 1 girl ...........YES

3. 2 boys, 2 girls.........YES

4. 1 boy, 3 girls.............YES

5. 0 boys, 4 girls..........NO

The probability is therefore,

(Probability of event = 4) ÷ (Total possible outcome = 5)

P = 4/5 = 0.8

what is sum of all palindromic numbers from 1 to 100 ​

Answers

Answer:

540

Step-by-step explanation:

0 + 1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 11 + 22 + 33 + 44 + 55 + 66 + 77 + 88 + 99

Answer:

540

Step-by-step explanation:

Hey there!

Well we need to first find all the palindromic numbers,

0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 11, 22, 33, 44, 55, 66, 77, 88, 99

Add

= 540

Hope this helps :)

Which statement about this function is true?
O A.
The value of a is positive, so the vertex is a minimum.
OB.
The value of a is negative, so the vertex is a minimum.
OC.
The value of a is negative, so the vertex is a maximum.
OD
The value of a is positive, so the vertex is a maximum.

Answers

Answer:

b

Step-by-step explanation:

The value of a is negative, so the vertex is a minimum.

B the value of a is negative, so the vertex is a minimum

Suppose you earn 2% cash back at grocery stores and 1% on all other purchases. If you spent $485.72 at the grocery store and $671.28 on all other purchases, how much would your cash back be?

Answers

Answer:

$16.43.

Step-by-step explanation:

At the grocery store, you spent $485.72. With 2% cashback, you would get 485.72 * 0.02 = 9.7144 dollars worth of cashback.

At other places, you spend $671.28. With 1% cashback, you would get 671.28 * 0.01 = 6.7128 dollars worth of cashback.

9.7144 + 6.7128 = 16.4272, which is about $16.43 of cashback.

Hope this helps!

The amount of cashback that you earned will be $16.42.

What is the percentage?

The amount of any product is given as though it was a proportion of a hundred. The ratio can be expressed as a quarter of 100. The phrase % translates to one hundred percent. It is symbolized by the character '%'.

Suppose you earn 2% cash back at grocery stores and 1% on all other purchases. If you spent $485.72 at the grocery store and $671.28 on all other purchases.

The total cashback is calculated as,

⇒ 0.02 x $485.72 + 0.01 x $671.28

⇒ $9.71 + $6.71

⇒ $16.42

More about the percentage link is given below.

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7.19 We are given the following probability distribution. x P(x) b. c. d. 0 1 2 3 .1 .4 .3 .2 a. Calculate the mean, variance, and standard deviation.

Answers

Answer:

Mean = 1.6

Variance = 0.84

Standard deviation = 0.916

Step-by-step explanation:

We are given the following probability distribution below;

            X                         P(X)              [tex]X \times P(X)[/tex]         [tex]X^{2} \times P(X)[/tex]

            0                          0.1                     0                        0

            1                           0.4                   0.4                     0.4

            2                          0.3                   0.6                     1.2

            3                          0.2                  0.6                    1.8      

         Total                                               1.6                    3.4    

Now, the mean of the probability distribution is given by;

         Mean, E(X) =  [tex]\sum X \times P(X)[/tex]  = 1.6

Also, the variance of the probability distribution is given by;

        Variance, V(X) =  [tex]\sum X^{2} \times P(X) - (\sum X \times P(X))^{2}[/tex]

                                 =  [tex]3.4 - (1.6)^{2}[/tex]

                                 =  3.4 - 2.56 = 0.84

And the standard deviation of the probability distribution is given by;

          Standard deviation, S.D. (X) =  [tex]\sqrt{Variance}[/tex]

                                                         =  [tex]\sqrt{0.84}[/tex]  = 0.916.

The area formula, A = tr2, would be used to find the area of a
A. square.
B. rectangle.
O circle.
D. triangle
E parallelogram.

Answers

A=(pie)r2 is the formula for a circle

Assuming you meant to write [tex]A = \pi r^2[/tex], then the answer is C) circle

On your keyboard, you can say A = pi*r^2 to mean the same thing as above.

The probability distribution of number of televisions per household in a small town is given below.

x 0 1 2 3
​P(x) ​ 0.05 0.15 0.25 0.55


a. Find the probability of randomly selecting a household that has one or two televisions.
b. Find probability of randomly selecting a household that has one or two televisions

Answers

Answer: 0.20

Step-by-step explanation:

The given probability distribution of number of televisions per household in a small town:

x          0       1     2      3

​P(x) ​ 0.05 0.15 0.25 0.55

To find : The probability of randomly selecting a household that has one or two televisions ( in both parts a. and b.).

The computations for this would be :

P( 1 or 2) = P(1)+P(2)

= 0.05+0.15

= 0.20

Hence, the required probability= 0.20

Answer:

Step-by-step explanation:

write 768,676 in words

Answers

Answer:

seven hundred sixty-eight thousand six hundred seventy-six

hope this answer correct :)

that might be “ seven hundred sixty-eight thousand six hundred seventy-six”

Try to get to every number from 1 to 10 using four 4's and any number of arithmetic operations (+, −, ×, ÷). You may also you parentheses. Examples to get 0: 0=4+4−(4+4); 0=44−44; 0=4×4−4×4

Answers

Answer:

0=4×4−4×4

Step-by-step explanation:

Answer:

[tex]\boxed{\mathrm{view \: explanation}}[/tex]

Step-by-step explanation:

1 = 4 ÷ 4

2 = (4 + 4) ÷ 4

3 = (4 + 4 + 4) ÷ 4

4 = 4 + 4 - 4

5 = (4 × 4 + 4) ÷ 4

6 = (4 + 4) - (4 ÷ 4) - (4 ÷ 4)

7 = (4 + 4) - (4 ÷ 4)

8 = 4 + 4

9 = (4 + 4) + (4 ÷ 4)

10 = (4 + 4) + (4 ÷ 4) + (4 ÷ 4)

_Thirty-two holes are drilled in rows on a metal block. The number of rows is more than the number of holes in each

row. Find the number of row. (a)7 (b)25(c)67

(d)4 (e) 12
_​

Answers

Answer:

D

Step-by-step explanation:

Let the number of rows be x

And the numbers of holes in each be y

xy = 32

x and y must be factors of 32

From options stated

4 is the only factor of 32

Hence option D is correct

In a survey of 15000 students of different schools, 40% of them were found to have tuition before the see examination. Among them 50% studied only mathematics ,30% only science and 10% studied others subject. how many student studied mathematics as well as science. ​

Answers

Answer: 600 students.

Step-by-step explanation:

Ok, we start with 15,000 students.

40% of them had tuition, so the actual number of them that had tuition is:

15,000*0.40 = 6,000.

Now we want to find the number of students that studied math and science.

50% only studied math,

30% only studied science

10% studied other subjects.

So 50% + 30% + 10% did NOT studied both math and science

90% is the percentage that did not study math and mathematics as well as science, then the other 10% did.

Then, out of the 6,000 students that had tuition, 10% studied math and science, the total number is:

6,000*0.10 = 600

find the sum 7+7(2)+7(2^2)+...+7(2^9)​

Answers

Answer:

7161

Step-by-step explanation:

7 + 7(2) + 7(2)² + ... + 7(2)⁹

= ∑₁¹⁰ 7(2)ⁿ⁻¹

= 7 (1 − 2¹⁰) / (1 − 2)

= 7161

nick cut a circular cookie into 5 equal slices. what is the angle measure of each slice?

Answers

Using concepts of circles, it is found that the angle measure of each slice is of 72º.

--------------------------------------------

The cookies have circular formats.A complete circle, which is the format of a cookie, has an angular measure of 360º.If it is divided into a number n of equal slices, the angles will be 360 divided by n.

--------------------------------------------

5 equal slices, thus:

[tex]\frac{360}{5} = 72[/tex]

The angle measure of each slice is of 72º.

A similar problem is given at https://brainly.com/question/16746988

Find the minimum sample size needed to estimate the percentage of Democrats who have a sibling. Use a 0.1 margin of error, use a confidence level of 98%, and use the results from a prior Harris poll that gave a confidence interval of (0.44, 0.51) for the proportion of Democrats who have a sibling.

Answers

Answer:

The minimum sample size is  [tex]n =135[/tex]

Step-by-step explanation:

From the question we are told that

   The confidence interval is [tex]( lower \ limit = \ 0.44,\ \ \ upper \ limit = \ 0.51)[/tex]

    The margin of error is  [tex]E = 0.1[/tex]

   

Generally the sample  proportion can be mathematically evaluated as

     [tex]\r p = \frac{ upper \ limit + lower \ limit }{2}[/tex]

    [tex]\r p = \frac{ 0.51 + 0.44}{2}[/tex]

    [tex]\r p = 0.475[/tex]

Given that the confidence level is  98% then the level of significance can be mathematically evaluated as

         [tex]\alpha = 100 - 98[/tex]

        [tex]\alpha = 2\%[/tex]

        [tex]\alpha =0.02[/tex]

Next we obtain the critical value of  [tex]\frac{\alpha }{2}[/tex] from the normal distribution table  

   The value is

        [tex]Z_{\frac{\alpha }{2} } = 2.33[/tex]

Generally the minimum sample size is evaluated as

      [tex]n =[ \frac { Z_{\frac{\alpha }{2} }}{E} ]^2 * \r p (1- \r p )[/tex]

     [tex]n =[ \frac { 2.33}{0.1} ]^2 * 0.475(1- 0.475 )[/tex]

     [tex]n =135[/tex]

Equivalent means having ___ ___

I need two answer omg pls helppp ;-;

Answers

Answer:

equal value and function

Step-by-step explanation:

Guess the rule and write down the missing number:

Answers

Answer:

17

Step-by-step explanation:

We are adding the previous two terms

1+5 = 6

5+6 = 11

6+11 = 17

11+17 = 28

The missing term is 17

17 is the missing number

idk how to put the picture but can someone just tell me the points where the two dots go plz will give good rate nd say thx plz answer fast

Graph -8x-y=8

Answers

Answer:

(-1,0) and (0,-8)

Step-by-step explanation:

Hey there!

Well first we’ll graph -8x - y = 8,

Look at the image below

By lookig at the image below we can tell the 2 points are at,

(-1,0) and (0,-8)

Hope this helps :)

There are four blue marbles, an unknown number of red (r) marbles, and six yellow marbles in a bag. Which expression represents the probability of randomly selecting a blue marble, replacing it, and then randomly selecting a red marble? StartFraction 4 over 10 EndFraction (StartFraction r over 10 EndFraction) StartFraction 4 over 10 r EndFraction (StartFraction 4 over 10 r EndFraction) StartFraction 4 over 10 + r EndFraction (StartFraction r over 10 + r EndFraction) StartFraction 4 over 10 r EndFraction (StartFraction r over 10 r EndFraction)

Answers

Answer:

4/ (10+r) * r/ (10+r)

Step-by-step explanation:

four blue marbles, an unknown number of red (r) marbles, and six yellow marbles in a bag = 4+r+6 = 10+r marbles

P( blue) = blue marbles / total marbles

             = 4/ (10+r)

Then replace

P( r) = red marbles / total marbles

             = r/ (10+r)

P( blue replace ,red) =P ( blue ) * P(red)

                                    =  4/ (10+r) * r/ (10+r)

                                    = 4r / ( 10+r) ^2

Answer:

C. 4/10+r (r/10+r)

Step-by-step explanation:

EDG20

16
Select the correct answer.
If function g is defined by the equation Y-3X = -14, which equation represents the function in function notation?
OA. gx) = 3X - 14
OB. gx) = -3X - 14
OC. g(x) = 3X + 14
OD. gx) = -3X + 14
Reset
Next

Answers

Answer:  A)  g(x) = 3x - 14

Step-by-step explanation:

Solve the equation for y and replace y with g(x):

y - 3x = -14

y        = 3x - 14

  g(x) = 3x - 14

If your starting salary is $40000 and you receive a 3% increase at the end of every year, what is the total amount, in dollars, you will earn one the first 16 years that you work

Answers

Answer:

Total amount in dollars= $64614.00

Step-by-step explanation:

Initial starting salary is $40000.

Rate of increase is 3%

Number of years is 16 years

The salary is compounded yearly.

Amount A after 16 years is given as

A= p (1+r/n)^ (nt)

A=40000(1+0.03/16)^(16*16)

A= 40000(1.001875)^(256)

A=40000(1.61534824)

A= 64613.92959

Total amount in dollars= $64614.00

Answer: the answer is $806275

Step-by-step explanation:

A p e x

If you have $100 in a savings account earning 3% interest per year, how much will you have in
two years?

Answers

Answer:

$106

Step-by-step explanation:

You have 100$ in savings account

Interest rate =3%

Time = 2 years

Total in 2 years:

100 + 2*3% = 100 *1.06= $106

The interest formula is as follows:

Amount Invested · Rate = Interest Earned

If we invest $100 at 3% interest per year,

how much do we earn that year?

Well based on our formula, we can simply multiply 100 · 3%.

Think of the 3% as 3/100.

So we have 100 · 3/100 and the 100's cancel and we're left with 3.

So $3 is earned in 1 year.

So after two years, you will have double that or $6.

PLZ answer quick i will give brainliest if right no explanation needed Joe is responsible for reserving hotel rooms for a company trip. His company changes plans and increases how many people are going on the trip, so they need at least 50 total rooms. Joe had already reserved and paid for 161616 rooms, so he needs to reserve additional rooms. He can only reserve rooms in blocks, and each block contains 8 rooms and costs $900. Let B represent the number of additional blocks that Joe reserves. 1) Which inequality describes this scenario? Choose 1 answer: a: 16+8B≤50 b: 16+8B≥50 c: 16+B≤50 d: 16+B≥50 2) What is the least amount of additional money Joe can spend to get the rooms they need?

Answers

Answer:

16 + 8b ≥ 50

4500

Step-by-step explanation:

He needs at least 50 rooms and has already reserved 16

They are in groups of 8

16 + 8b ≥ 50

Subtract 16 from each side

16+8b-16 ≥ 50 -16

8b≥ 34

Divide by 6

8b/8 ≥ 34/8

b≥ 4.25

We need to round up since we need at least 50

b = 5 since we want the least amount of rooms

Each block is 900

5*900 = 4500 more that he will have to spend

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