Lucy has $60,000 in a savings account that earns simple interest of 14% per year. How much will she have in her account after 5 years?

Answers

Answer 1

Answer:

$42,000

Step-by-step explanation:

60,000 × .14 × 5 = 42,000


Related Questions

A manufacturer orders lots of steel rods from a supplier (each lot consists of thousands of rods). Assume that the mean length of the rods in each lot is 4 meters and standard deviation is 0.04 meter. The quality manager accepts a lot if the mean length of the randomly selected sample of 64 rods from that lot is at least 4.005 meters, otherwise the lot is returned to the supplier. a) What percentage of the lots received by the manufacturer will be returned to the supplier

Answers

Answer:

84.13% of the lots received by the manufacturer will be returned to the supplier

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

Assume that the mean length of the rods in each lot is 4 meters and standard deviation is 0.04 meter.

This means that [tex]\mu = 4, \sigma = 0.04[/tex]

Sample of 64:

This means that [tex]n = 64, s = \frac{0.04}{\sqrt{64}} = 0.005[/tex]

a) What percentage of the lots received by the manufacturer will be returned to the supplier

The proportion is the pvalue of Z when X = 4.005. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{4.005 - 4}{0.005}[/tex]

[tex]Z = 1[/tex]

[tex]Z = 1[/tex] has a pvalue of 0.8413

0.8413*100% = 84.13%

84.13% of the lots received by the manufacturer will be returned to the supplier

Blake is going to invest $79,000 and leave it in an account for 9 years. Assuming the interest is compounded monthly, what interest rate, to the nearest tenth of a percent, would be required in order for Blake to end up with $96,000?

Answers

Answer:

r =2.2%

Step-by-step explanation:

Then determine whether the relation is discrete or continuous?

Answers

Answer:

Can you please include the complete question?

Step-by-step explanation:

HELPP!! I report wrong answers!!

Answers

A : 12+1.5x=26 :))))

please help guys asap

Answers

Answer:

28 i think

Step-by-step explanation:

Each of 200 subjects were shown a proposed commercial and asked to identify the marketed product 5 minutes after the viewing. A​ 95% confidence interval was​ calculated, but the client indicated that the resultant margin of error is too large and must be​ one-fourth its current size. How large does the new sample need to​ be?

Answers

Answer:

Step-by-step explanation:

first off we need to know the original sample size and if it is in there then im just cant see it

Consider the expression 40+24 . Find the greatest common factor of the two numbers and use the distributive property to rewrite the expression

Answers

Hi there!

[tex]\large\boxed{8(5+3)}}[/tex]

The greatest common factor of 40 and 24 is 8.

8 goes into 40 5 times:

8 goes into 24 3 times.

We can rewrite this expression for distribution using the amount of times 8 goes into both numbers:

8(5 + 3)

Using this, we get:

8(5) + 8(3) = 40 + 24.

What is the volume of the prism?
2 cm
3cm
11 cm PLS HURRY

Answers

Answer:

66

Step-by-step explanation:

multiply everything together

Emma is choosing a weekly meeting time. She hopes to have two different
managers attend on a regular basis. The table shows the probabilities that
the managers can attend on the days she is proposing.

Assuming that manager A's availability is independent of manager B's
availability, which day should Emma choose to maximize the probability that
both managers will be available?
A. Monday. The probability that both managers will be available is
0.94.
B. Monday. The probability that both managers will be available is
0.67.
C. Wednesday. The probability that both managers will be available is
0.91.
D. Wednesday. The probability that both managers will be available is
0.71.

Answers

Answer:

Probability that both managers can attend:

Monday- 0.73x0.94 = 0.69

Tuesday- 0.78 x 0.91 = 0.71

So,  d is correct.

Let me know if this helps!

The day Wednesday choose to maximize the probability that both managers will be available. The probability that both managers will be available is 0.71.

What is the probability?

Probability refers to a possibility that deals with the occurrence of random events.

The probability of all the events occurring need to be 1.

The formula of probability can be defined as the ratio of a number of favorable outcomes to the total number of outcomes.

P(E) = Number of favorable outcomes / total number of outcomes

Probability that both managers can attend, consider that manager A's availability is independent of manager B's availability,

Monday;

0.73x0.94 = 0.69

Tuesday;

0.78 x 0.91 = 0.71

So, the option d is correct.

Learn more about probability here;

https://brainly.com/question/9326835

#SPJ7

During a competition, numismatist Aditi has been given Rs. 200 in Rs.1 denominations. The judge asks Aditi to allocate the Rs. 1 denominations into a number of pouches such that any amount required between Rs.1 & Rs. 200 can be given by giving out a certain number of pouches without opening them. Aditi thinks and asks the judge to give her 'x' number of pouches to keep the money, where 'x' is the minimum number of bags required to keep the total money. Can you guess the value of 'x'?

Answers

9514 1404 393

Answer:

  8

Step-by-step explanation:

If the bags can either be given or not, each bag can assume one of two states. In order for there to be 200 possible combinations of items in one of two states, there must be at least log2(200) = 7.64 items. The minimum number of bags is x = 8.

_____

The contents of the 8 bags will be Rs. 1, 2, 4, 8, 16, 32, 64, 73.

the number y divided by 100 y. ?

Answers

Answer:

1/100

Step-by-step explanation:

What’s the answer to 7x when x=8 I need help please

Answers

Answer:

56

Step-by-step explanation:

7x8=56

Step-by-step explanation:

7(8)

= 56

use tye substitution property

Please help:( I’m stuck on this problem

Answers

Answer:

x=33

Step-by-step explanation:

If you didn't know all of the angles in a triangle add up to equal 180

We are given to angles, 90 (the square indicates that its a right angle which is equal to 90) and 57

So to find the missing anlge we subtract the given angles from 180

180-90=90

90-57=33

therefore x=33

If C is the incenter of ∆AMD, m∠A M C = 3 x + 6 and m∠ DMC= 8 x − 49.
find ∠ M A D (just numbers, no degrees signs).

Answers

Answer:51.

Hope this will help you lot.

Answer:

<MAD=66

Step-by-step explanation:

to find x:

8x-49=3x+6

x=11

to find DMC:

8(11)-49

<DMC=39

<ADM=36

to find ADC:

36/2

<ADC=18

Solve for t. t + -24 = -29 -8
what is t value? ​

Answers

Hope this helps

Step-by-step explanation:

t-24= -37

t= -34+24

t= -13

Answer:

t = -13

Step-by-step explanation:

Add or subtract the numbers

t- 24 = - 37t−24=−37

Separate the constants and variables

t = - 37 + 24t=−37+24

Add or subtract the numbers

t = - 13t

19.214÷13
pls someone help me

Answers

Answer:

1.478

Step-by-step explanation:

A store sells 8 colors of balloons with at least 28 of each color. How many different combinations of 28 balloons can be chosen? Apply the method of Example 9.6.2 using balloons instead of cans of soft drinks to find that the number of different combinations of 28 balloons that can be chosen is . (b) If the store has only 12 red balloons but at least 28 of each other color of balloon, how many combinations of balloons can be chosen? Use the method of Example 9.6.2(c) to answer this question. If the store has only 12 red balloons, then the number of different selections of 28 balloons of the different colors is the same as the number of different selections that contain 12 or fewer red balloons. Let T be the set of all possible selections, assuming that there are at least 28 balloons of each type, let R≤12 be the set of selections in T that contain 12 or fewer red balloons, and let R≥13 be the set of selections from T that contain 13 or more red balloons. Use the relationships among R≤12, R≥13, and T to find that the number of different combinations of 28 balloons that can be chosen is . (c) If the store has only 8 blue balloons but at least 28 of each other color of balloon, how many combinations of balloons can be chosen? (d) If the store has only 12 red balloons and only 8 blue balloons but at least 28 of each other color of balloon, how many combinations of balloons can be chosen?

Answers

Answer:

(a) [tex]Selection = 6724520[/tex]

(b) [tex]At\ most\ 12 = 6553976[/tex]

(c) [tex]At\ most\ 8 = 6066720[/tex]

(d) [tex]At\ most\ 12\ red\ and\ at\ most\ 8\ blue = 5896638[/tex]

Step-by-step explanation:

Given

[tex]Colors = 8[/tex]

[tex]Balloons = 28[/tex] --- at least

Solving (a): 28 combinations

From the question, we understand that; a combination of 28 is to be selected. Because the order is not important, we make use of combination.

Also, because repetition is allowed; different balloons of the same kind can be selected over and over again.

So:

[tex]n => 28 + 8-1[/tex][tex]= 35[/tex]

[tex]r = 28[/tex]

[tex]Selection = ^{35}^C_{28[/tex]

[tex]Selection = \frac{35!}{(35 - 28)!28!}[/tex]

[tex]Selection = \frac{35!}{7!28!}[/tex]

[tex]Selection = \frac{35*34*33*32*31*30*29*28!}{7!28!}[/tex]

[tex]Selection = \frac{35*34*33*32*31*30*29}{7!}[/tex]

[tex]Selection = \frac{35*34*33*32*31*30*29}{7*6*5*4*3*2*1}[/tex]

[tex]Selection = \frac{33891580800}{5040}[/tex]

[tex]Selection = 6724520[/tex]

Solving (b): At most 12 red balloons

First, we calculate the ways of selecting at least 13 balloons

Out of the 28 balloons, there are 15 balloons remaining (i.e. 28 - 13)

So:

[tex]n => 15 + 8 -1 = 22[/tex]

[tex]r = 15[/tex]

Selection of at least 13 =

[tex]At\ least\ 13 = ^{22}C_{15}[/tex]

[tex]At\ least\ 13 = \frac{22!}{(22-15)!15!}[/tex]

[tex]At\ least\ 13 = \frac{22!}{7!15!}[/tex]

[tex]At\ least\ 13 = 170544[/tex]

Ways of selecting at most 12  =

[tex]At\ most\ 12 = Total - At\ least\ 13[/tex] --- Complement rule

[tex]At\ most\ 12 = 6724520- 170544[/tex]

[tex]At\ most\ 12 = 6553976[/tex]

Solving (c): At most 8 blue balloons

First, we calculate the ways of selecting at least 9 balloons

Out of the 28 balloons, there are 19 balloons remaining (i.e. 28 - 9)

So:

[tex]n => 19+ 8 -1 = 26[/tex]

[tex]r = 19[/tex]

Selection of at least 9 =

[tex]At\ least\ 9 = ^{26}C_{19}[/tex]

[tex]At\ least\ 9 = \frac{26!}{(26-19)!19!}[/tex]

[tex]At\ least\ 9 = \frac{26!}{7!19!}[/tex]

[tex]At\ least\ 9 = 657800[/tex]

Ways of selecting at most 8  =

[tex]At\ most\ 8 = Total - At\ least\ 9[/tex] --- Complement rule

[tex]At\ most\ 8 = 6724520- 657800[/tex]

[tex]At\ most\ 8 = 6066720[/tex]

Solving (d): 12 red and 8 blue balloons

First, we calculate the ways for selecting 13 red balloons and 9 blue balloons

Out of the 28 balloons, there are 6 balloons remaining (i.e. 28 - 13 - 9)

So:

[tex]n =6+6-1 = 11[/tex]

[tex]r = 6[/tex]

Selection =

[tex]^{11}C_6 = \frac{11!}{(11-6)!6!}[/tex]

[tex]^{11}C_6 = \frac{11!}{5!6!}[/tex]

[tex]^{11}C_6 = 462[/tex]

Using inclusion/exclusion rule of two sets:

[tex]Selection = At\ most\ 12 + At\ most\ 8 - (12\ red\ and\ 8\ blue)[/tex]

[tex]Only\ 12\ red\ and\ only\ 8\ blue\ = 170544+ 657800- 462[/tex]

[tex]Only\ 12\ red\ and\ only\ 8\ blue\ = 827882[/tex]

[tex]At\ most\ 12\ red\ and\ at\ most\ 8\ blue = Total - Only\ 12\ red\ and\ only\ 8\ blue[/tex]

[tex]At\ most\ 12\ red\ and\ at\ most\ 8\ blue = 6724520 - 827882[/tex]

[tex]At\ most\ 12\ red\ and\ at\ most\ 8\ blue = 5896638[/tex]

A. one solution
B. infinitely many solutions
C. no solution

Answers

It should be A-one solution

Please help, will give brainliest! Which is NOT equivalent to this expression? 4(3x^2+6x)

Answers

12x^2+6x is not equivalent

Please help me with the question

Answers

Answer:

4(7+y) and 4·7+4·y

Step-by-step explanation:

4(7+y)= 28+4y

4·7+4·y= 28+4y

Scan QR code and it takes to homework so u can answer question i will give brainliest to correct answer please answer correct

Answers

im just gonna take the points for falling for that.

. Use 3.14

plss help ​

Answers

Answer:

A≈494.13

R = 12.54

D = 25.08

Step-by-step explanation:

Here is all the answers.

PLZZZZ give me brainliest!!!

a triangle has angles that measure 50 degrees and 50 degrees what is the measure lf the third angle?​

Answers

Answer:

80

Step-by-step explanation:

the combined angles of any triangle equal 180 degrees. take the known angles ( 50 and 50) and subtract their sum from 180. 180-100=80

Evaluate the following expression.
3 to power of 1

Answers

Answer:

3

Step-by-step explanation:

it is 3 3x1 is 3

three raised to the first power is three :)

An engine operating on Dual cycle has a compression ratio of 12. The pressure and temperature at the start of adiabatic compression is 100 KPa. and 37 degree Centigrade. The peak pressure of the cycle is not no exceed 8000 KPa. and the heat supplied to the cycle is 2000 KJ per Kg. of air. Determine the cycle thermal efficiency

Answers

I am not sure but I hope you have a good day good luck

Find the measure of CD in parallelogram ABCD .

Answers

Answer:

Picture would be appreciated.

Selma went shopping and bought identical sweaters for each of 3 friends. If she spent $42, what was the cost of each sweater? Include your equation with your answer.

Answers

Answer:

14 dollars

Step-by-step explanation:

42 / 3 = x amount of dollars

14 = x

so every one sweater costs 14 dollars

-3/4 ( 8y - 12 ) + 1/5 ( 15y - 30 )

Answers

I think it is......
-3(y-1)

Tamar surveyed six friends, asking each how many times he or she had ridden in a helicopter. The numbers of times she recorded were 0, 0, 0, 1, 3, and 8.

What is the mean absolute deviation of the number of times?

Round to the nearest tenth, if needed.


a. 0

b. 2

c. 2.3

d. 2.5

Answers

well, to do this we first need to find the mean of all values.

we need to find the distance of each value from that mean (subtract the mean from each value, ignore minus signs)

Then find the mean of those distances.

so, after we do all of that with the given numbers, our final result would be 2.333333333..... (It goes on) we round it up to 2.3, and viola! the answer is C.

Answer: the answer is c

Step-by-step explanation: i took the test

For the most recent year available, the mean annual cost to attend a private university in the United States was $50,900. Assume the distribution of annual costs follows the normal probability distribution and the standard deviation is $4,500. Ninety-five percent of all students at private universities pay less than what amount

Answers

Answer:

95% of all students at private universities pay less than $58,302.5.

Step-by-step explanation:

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Mean of $50,900, standard deviation of $4,500

This means that [tex]\mu = 50900, \sigma = 4500[/tex]

Ninety-five percent of all students at private universities pay less than what amount?

Pay less than the 95th percentile, and the amount is given by X when Z has a pvalue of 0.95, so X when Z = 1.645.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]1.645 = \frac{X - 50900}{4500}[/tex]

[tex]X - 50900 = 1.645*4500[/tex]

[tex]X = 58302.5[/tex]

95% of all students at private universities pay less than $58,302.5.

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