To find the simple interest $1000 would earn in 1 year, we first calculate the interest rate from the provided example, which is 6.5%. Using this rate, the simple interest formula (Principal x Rate x Time) gives us an interest of $65.
The subject of this question regards the calculation of simple interest, a fundamental concept in Mathematics and Finance. First, we'll need to determine the interest rate used in the initial scenario where a $5000 deposit earns $650 interest in 2 years. In this case, using the simple interest formula which is Principal x Rate x Time(PRT), we have:
$650 = $5000 x Rate x 2 years
Solving for Rate, we get: Rate = $650 / ($5000 * 2) = 0.065, or 6.5%.
Now that we know the interest rate is 6.5%, we can calculate the interest $1000 would earn in 1 year. Again using the simple interest formula, we have: Interest = Principal x Rate x Time = $1000 * 6.5% * 1 year = $65.
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Answer:
Step-by-step explanation:
According to distributive property under multiplication over addition
We can write a.(b+c)=a.b+a.c
Since, The given expression, (-4h+2)(3h+7)
By applying distribution in first bracket.
we can write, (-4h+2)(3h+7)= -4h(3h+7)+2(3h+7)
Again on applying distribution property,
we get, (-4h+2)(3h+7)= -4h×3h+(-4h)×7+2×3h+2×7
⇒ =
How many girls are at the party?
Choose all answers that are correct.
A.
Multiply 21 × 2. Divide the product by 3.
B.
Add 21 + 2. Divide the sum by 3.
C.
Divide 21 ÷ 3. Subtract the quotient from 21.
D.
Divide 21 ÷ 3. Multiply the quotient by 2.
4 6/7 + 3 5/7=____
Answer:
8 4/7
Step-by-step explanation:
January February March April May June
Acutal 120 140 150 140 150 130
Predicted 80 150 110 150 110 150
Residual 40 −10 40 −10 40 −20
Analyze the data. Determine whether the equation that produced the predicted values represents a good line of best fit.
No, the equation is not a good fit because the residuals are all far from zero.
No, the equation is not a good fit because the sum of the residuals is a large number.
Yes, the equation is a good fit because the residuals are not all far from zero.
Yes, the equation is a good fit because the sum of the residuals is a small number.
The equation that produced these predicted values is not a good fit given that the sum of the residuals is a large number.
The sum of the residuals in a regression is a value that is always supposed to be almost equal to zero in a regression analysis.
The residual tells us that the error term has been reduced to the minimum in the regression analysis.
Read more on a regression analysis here:
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