From that 80 college students, the probability that at most 60 say that they drink coffee during exam week is 0.3085
This is a binomial distribution problem in which we want to know the probability it is that at least 60 students out of 80 choose to drink coffee during test week.
Here, we have:
n = 80 (number of trials)
p = 0.67 (probability of success in each trial)
q = 1 - p = 0.33 (probability of failure in each trial)
x ≤ 60 (number of successes we want to find the probability for)
This probability may be calculated using the binomial cumulative distribution function (CDF). The binomial CDF formula is as follows:
P(X ≤ k) = Σi=[tex]0^{K}[/tex] ([tex]_{n}C^{i} }[/tex]) * [tex]p^{i}[/tex] * ([tex](1-p)^{n-i}[/tex]
We can determine the chance of having 60 or fewer successes using this formula:
P(X ≤ 60) = Σi=[tex]0^{60}[/tex] ([tex]_{80} C^{i}[/tex]) * [tex]0.67^{i}[/tex] * [tex]0.33^{80-i}[/tex]
P(X ≤ 60) = 0.3085
As a result, the probability that at least 60 college students claim they consume coffee during test week is 0.3085, or around 31%. As a result, 0.3085 is the correct answer.
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Jerald is having drain issues at his home and decides to call a plumber. The plumber charges $35 to come to his house and $50 for every hour they work. If the plumber charges Jerald a total of $190, how many hours did the plumber work?
Write and solve an equation to determine the number of hours worked by the plumber.
After solving equation , the plumber put in 3.1 hours of work (or 3 hours, 6 minutes).
what is equation?A mathematical assertion that demonstrates the equality of two expressions is called an equation The equals symbol (=) is used to denote the separation of two phrases. Numerous mathematical ideas and relationships, including linear functions, quadratic functions, and trigonometric functions, can be represented by equations.
Let's use the letter 'h' to indicate how many hours the plumber put in.
The plumber costs $35 to come to Jerald's residence and $50 for every hour they work. If Jerald is charged a total of $190 by the plumber, the following equation can be written:
$50h + $35 = $190
To solve for 'h,' we obtain:
$50h = $190 - $35
$50h = $155
h = 155 / 50
h = 3.1
Consequently, the plumber put in 3.1 hours of work (or 3 hours, 6 minutes).
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What is the volume of a sphere with a diameter of 6. 3 cm, rounded to the nearest tenth of a cubic centimeter?
Step-by-step explanation:
Volume of a sphere is given by the formula
4/3 pi r^3 diameter = 6.3 cm so radius, r = 3.15 cm
4/3 * pi * (3.15)^3 = 130.9 cm^3
if a contingency table has nine rows and columns, how many degrees of freedom are there for the test for independence?
There are 64 degrees of freedom for the test for independence in this contingency table.
To find the degrees of freedom for a test for independence in a contingency table, you can use the following formula:
Degrees of freedom (df) = (number of rows - 1) * (number of columns - 1).
In your case, the contingency table has nine rows and nine columns. Using the formula:
df = (9 - 1) * (9 - 1)
df = 8 * 8
df = 64.
In a contingency table, the degrees of freedom (df) for the test of independence are calculated as:
df = (number of rows - 1) x (number of columns - 1)
In this case, the contingency table has nine rows and nine columns, so the degrees of freedom are:
df = (9-1) x (9-1) = 64
This means that there are 64 degrees of freedom for the test of independence.
Degrees of freedom are important because they determine the critical values for the test statistic, which in turn affects the decision to reject or fail to reject the null hypothesis.
In general, as the degrees of freedom increase, the critical values decrease, making it easier to reject the null hypothesis.
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There are 64 degrees of freedom for the test for independence in a contingency table with nine rows and columns.
To determine the degrees of freedom for the test for independence in a contingency table with nine rows and columns, we use the formula df = (r-1)(c-1), where r is the number of rows and c is the number of columns.
Substituting in the values, we get:df = (9-1)(9-1)df = 8 x 8df = 64A contingency table is a table that shows the frequency distribution of two or more categorical variables.
A test for independence is a statistical test that checks whether the variables are related or not.
Therefore, there are 64 degrees of freedom for the test for independence in a contingency table with nine rows and columns.
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In art class students are mixing blue and red paint to make purple paint. Hawa mixes 1 cup of blue paint and 5 cups of red paint. Jacob mixes 4 cups of blue paint and 13 cups of red paint. Use Hawa and Jacob’s percent of red paint to determine whose purple paint will be redder.
Hawa percent of red paint (to nearest whole number) =
%
Jacob percent of red paint (to nearest whole number) =
%
Hawa ’s purple paint will be redder.
Jacob’s purple paint will be redder.
The two purple paints will be equally red.
attempt 1 out of 2
Miracle Jackson
Which is more? (Percent Comparison)
Apr 10, 6:51:14 PM
Watch help video
In art class students are mixing blue and red paint to make purple paint. Hawa mixes 1 cup of blue paint and 5 cups of red paint. Jacob mixes 4 cups of blue paint and 13 cups of red paint. Use Hawa and Jacob’s percent of red paint to determine whose purple paint will be redder.
Answer:
Step-by-step explanation:
a bank wishing to increase its customer base advertises that it has the fastest service and that virtually all of its customers are served in less than 11 minutes. a management scientist has studied the service times and concluded that service times are exponentially distributed with a mean of 4.5 minutes. determine what the bank means when it claims 'virtually all' its customers are served in under 11 minutes.
The bank's claim is exaggerated and not entirely accurate.
The bank's claim that virtually all of its customers are served in less than 11 minutes is misleading, as it implies that almost all customers are served in 11 minutes or less. However, based on the given information that service times follow an exponential distribution with a mean of 4.5 minutes, we can calculate the probability that a customer will be served in less than 11 minutes using the cumulative distribution function of the exponential distribution:
P(X < 11) = 1 - [tex]e^{(-11/4.5)[/tex] = 0.956
This means that approximately 95.6% of customers will be served in less than 11 minutes, not "virtually all." Therefore, the bank's claim is exaggerated and not entirely accurate.
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Factor.
z squared+18z–19
(z - or + ?)(z- or + ?)
Answer:
(z - 1) (z + 19)
Step-by-step explanation:
z² + 18z - 19
Consider the form x² + bx + c. Find a pair of integers whose product is c and whose sum is b. In this case, whose product is −19 and whose sum is 18.
-1, 19
Write the factored form using these integers.
(z - 1) (z + 19)
Subtract the sum of -52 and - 638 from the sum of - 29 and 303 the value is
The solution of the expression is 964.
To start solving this problem, let's find the sum of -29 and 303. The sum of two numbers is the result when you add them together. So,
-29 + 303 = 274
The sum of -29 and 303 is 274.
Now, let's find the sum of -52 and -638. To add two negative numbers, you just add their absolute values and put a negative sign in front of the result. So,
-52 + (-638) = -690
The sum of -52 and -638 is -690.
Finally, the problem asks us to subtract the sum of -52 and -638 from the sum of -29 and 303. To subtract one sum from another, we just subtract the second sum from the first. So,
( -29 + 303 ) - ( -52 + -638 )
We can simplify the expression by rearranging the terms:
274 - (-690)
When we subtract a negative number, it's the same as adding its absolute value. So,
274 + 690 = 964
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cara computes the mean and variance for the set 87, 46, 90, 78, and 89. she finds the mean to be 78. her steps for finding the variance are shown below. what is the first error cara made in computing the variance?
If Cara's calculation of the sum of the squared differences i.e. 1370 from the mean is incorrect, that would be the first error she made in computing the variance.
As the steps for finding the variance are not provided, it is difficult to determine the first error Cara made.
However, the formula for calculating the variance is:
Variance = (sum of the squared differences from the mean) / (number of observations)
The first error Cara may have made is in calculating the sum of the squared differences from the mean.
The correct steps to find the variance are:
Find the mean:
Mean = (87 + 46 + 90 + 78 + 89) / 5 = 78
Calculate the differences from the mean for each observation:
87 - 78 = 9
46 - 78 = -32
90 - 78 = 12
78 - 78 = 0
89 - 78 = 11
Square each difference:
[tex]9^2 = 81[/tex]
[tex](-32)^2 = 1024[/tex]
[tex]12^2 = 144[/tex]
[tex]0^2 = 0[/tex]
[tex]11^2 = 121[/tex]
Find the sum of the squared differences:
81 + 1024 + 144 + 0 + 121 = 1370
Divide the sum of squared differences by the number of observations:
Variance = 1370 / 5 = 274.
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2. Which sequence of transformations takes the graph of y = k(x) to the graph of
y=-k(x + 1)?
A. Translate 1 to the right, reflect over the x-axis, then scale vertically by a factor of 1/2
B. Translate 1 to the left, scale vertically by 1/2 , then reflect over the y-axis.
C. Translate left by 1/2, then translate up 1.
D. Scale vertically by 1/2, reflect over the x-axis, then translate up 1.
The correct answer is option B. Translate 1 to the left, scale vertically by 1/2, then reflect over the y-axis.
What does term "transformation of a graph" means?The process of modifying the shape, location, or features of a graph is often referred to as graph transformation. Graphs are visual representations of mathematical functions or data point connections, often represented on a coordinate plane.
Translations, reflections, rotations, dilations, and other changes to the look of a graph are examples of graph transformations.
For the given problem, Transformation to get the desired result can be carried out as:
Translate '1' to the left: The transformation "x + 1" in "-k(x + 1)" shifts the graph horizontally to the left by 1 unit.Scale vertically by '1/2' : The 1/2 factor in "-k(x + 1)" vertically scales the graph, compressing it vertically.Reflect over the y-axis: The minus sign before "k" in "-k(x + 1)" reflects the graph over the y-axis, flipping it horizontally.Hence, to convert the graph of "y = k(x)" to the graph of "y = -k(x + 1)," the correct sequence of transformations is to translate 1 unit to the left, scale vertically by 1/2, and then reflect across the y-axis, which is option B.
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the profit p (in dollars) generated by selling x units of a certain commodity is given by the function p ( x ) = - 1500 + 12 x - 0.004 x ^ 2 What is the maximum profit, and how many units must be sold to generate it?
The profit (p) is $7500 generated by selling 1500 units of a certain commodity is given by the function p ( x ) = - 1500 + 12 x - 0.004 x²
To maximize our profit, we must locate the vertex of the parabola represented by this function. The x-value of the vertex indicates the number of units that must be sold to maximize profit.
We may use the formula for the x-coordinate of a parabola's vertex:
x = -b/2a
where a and b represent the coefficients of the quadratic function ax² + bx + c. In this situation, a = -0.004 and b = 12, resulting in:
x = -12 / 2(-0.004) = 1500
This indicates that when 1,500 units are sold, the profit is maximized.
To calculate the greatest profit, enter x = 1500 into the profit function:
P(1500) = -1500 + 12(1500) - 0.004(1500)^2
P(1500) = -1500 + 18000 - 9000
P(1500) = $7500
Therefore, the maximum possible profit is $7,500 and it is generated when 1,500 units are sold.
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To achieve this maximum profit, exactly 1500 units must be sold.
To find the maximum profit and the number of units needed to generate it, we can use the given profit function p(x) = -1500 + 12x - 0.004x^2. We need to find the vertex of the parabola represented by this quadratic function, as the vertex will give us the maximum profit and the corresponding number of units.
Step 1: Identify the coefficients a, b, and c in the quadratic function.
In p(x) = -1500 + 12x - 0.004x^2, the coefficients are:
a = -0.004
b = 12
c = -1500
Step 2: Find the x-coordinate of the vertex using the formula x = -b / (2a).
x = -12 / (2 * -0.004) = -12 / -0.008 = 1500
Step 3: Find the maximum profit by substituting the x-coordinate into the profit function p(x).
p(1500) = -1500 + 12 * 1500 - 0.004 * 1500^2
p(1500) = -1500 + 18000 - 0.004 * 2250000
p(1500) = -1500 + 18000 - 9000
p(1500) = 7500
So, the maximum profit is $7,500, and 1,500 units must be sold to generate it.
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Use the functions f(x)=√x+1, g(x)=2x-5, and h(x) = 3x² - 3 to complete the table.
x
4
10
20
34
52
f(g(x))
Answer:
To find the values of f(g(x)) for the given values of x, we need to first evaluate g(x) for each value of x, and then plug the result into f(x).
Using the given functions:
g(x) = 2x - 5
f(x) = √(x+1)
Therefore, we have:
f(g(x)) = √(g(x) + 1) = √(2x - 5 + 1) = √(2x - 4) = 2√(x - 2)
So, we can complete the table as follows:
x f(g(x))
4 2
10 4
20 6
34 8
52 10
Therefore, the completed table is:
x f(g(x))
4 2
10 4
20 6
34 8
52 10
What is the square √ 64?
Step-by-step explanation:
[tex]8 ^{2} [/tex]
is your answer please make me brainalist and keep smiling
8*8=64 then
8 is your answer
Answer: Square root of 64 is 8
A new club sent out 200 coupons to boost sales for next year's memberships. They provided 3 times as many to potential members than to existing members. How many coupons did they send to existing members?
the new club sent out 50 coupons to existing members and 150 coupons to potential members to boost sales for next year's memberships.
How to solve the question?
Let x be the number of coupons sent to existing members. Then the number of coupons sent to potential members is 3x, as they provided 3 times as many coupons to potential members than to existing members.
According to the problem, the total number of coupons sent is 200. Therefore, we can write the following equation:
x + 3x = 200
Simplifying this equation, we get:
4x = 200
Dividing both sides by 4, we get:
x = 50
Therefore, the number of coupons sent to existing members is 50, and the number of coupons sent to potential members is 3 times as many, or 150.
In conclusion, the new club sent out 50 coupons to existing members and 150 coupons to potential members to boost sales for next year's memberships.
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your laundry basket contains 4 plain socks: a red one, a blue one, a yellow one and a green one. the basket also contains 4 striped socks: a red striped one, a blue striped one, a yellow stripped one and a green stripped one. if you want to wear a plain sock on your left foot and a stripped sock on your right foot, how many options do you have?
The total number of probability options will be 8 options.
1. Red plain and Red striped.
2. Blue plain and Blue striped.
3. Yellow plain and Yellow striped.
4. Green plain and Green striped.
5. Red plain and Blue striped.
6. Blue plain and Yellow striped.
7. Yellow plain and Green striped.
8. Green plain and Red striped.
There are 8 socks in the basket, and you can choose 1 plain sock and 1 striped sock.
This means that there are 8 possible combinations of socks you could choose.
Count the number of socks in the basket. There are 8 total socks (4 plain and 4 striped).
The number of options: There are 8 possible combinations of socks you could choose, so you have 8 options for wearing a plain sock on your left foot and a striped sock on your right foot.
Therefore,
You have 8 options for wearing a plain sock on your left foot and a striped sock on your right foot.
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The recipe for one batch of
chocolate chip cookies calls
for 11/3 cups of chocolate
chips. Luca made 3½ batches
of cookies. How many cups of
chocolate chips did he use?
Answer:
Step-by-step explanation:
1 + 1 divided by 3 x 3.5 = 4.66 or 4 2/3
In ΔHIJ, the measure of ∠J=90°, HI = 6. 7 feet, and JH = 4. 8 feet. Find the measure of ∠I to the nearest degree
The measure of angle I in the triangle HIJ using given measurements is equal to 46.05 degrees.
In the triangle HIJ,
The measure of angle J is equal to 90 degrees.
This implies ,
HI is the hypotenuse.
JH is the opposite side to angle I.
In triangle HIJ,
Using trigonometric ratio we get,
sin ∠I = Opposite side / Hypotenuse
Substitute the values we have,
⇒ sin ∠I = 4.8 / 6.7
⇒ sin ∠I = 0.72
Now , take sin⁻¹ both the side of the equation we get,
⇒sin⁻¹(sin ∠I) = sin⁻¹( 0.72 )
Here sin⁻¹(sin ∠I) = ∠I
⇒∠I = sin⁻¹( 0.72 )
⇒∠I = 46.05 degrees
Therefore, the measure of angle I is equal to 46.05 degrees.
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Eight identical lights are connected in series across a 110-V line. What is the voltage across each bulb? If the current is 0.56A , what is the resistance of each bulb? If the current is 0.56A , what is the power dissipated in each?
The resistance of each bulb that is connected in series with a 110 V line is 24.55 Ω with a 13.75 V Voltage difference across each bulb. The power dissipated in each bulb is 7.7 W, if 0.56 A current flows through them.
The voltage across 8 identical bulbs is 110 V
Since they are connected in a series and identical, the Voltage difference across each bulb is [tex]\frac{110}{8}[/tex] V which is 13.75 V
According to the question,
The current flowing through the bulb = 0.56 A
So according to Ohm's Law,
V = IR
13.75 = 0.56 * R
R = 24.55 Ω
The power dissipated in each bulb can be calculated as
P = VI
P = 13.75 * 0.56 = 7.7 W
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In summary, the voltage across each bulb is 13.75V, the resistance of each bulb is 24.55Ω, and the power dissipated in each bulb is 7.7W.
When eight identical lights are connected in series across a 110-V line, the voltage across each bulb will be 110/8 = 13.75 V.
To find the resistance of each bulb, we can use Ohm's law, which states that resistance is equal to voltage divided by current (R = V/I). Therefore, the resistance of each bulb is 13.75/0.56 = 24.55 ohms.
To find the power dissipated in each bulb, we can use the formula P = VI, where P is power, V is voltage, and I is current. Therefore, the power dissipated in each bulb is 13.75 x 0.56 = 7.7 watts.
To find the voltage across each bulb, divide the total voltage by the number of bulbs:
Voltage across each bulb = Total Voltage / Number of Bulbs = 110V / 8 = 13.75V per bulb
Next, use Ohm's Law to find the resistance of each bulb:
Resistance (R) = Voltage (V) / Current (I) = 13.75V / 0.56A = 24.55Ω per bulb
Finally, find the power dissipated in each bulb using the formula:
Power (P) = Voltage (V) x Current (I) = 13.75V x 0.56A = 7.7W per bulb
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Steven read that the actual distance between Memphis and Chicago is about 525 miles. On a map, the distance between the two cities is about 10 inches. Which is most likely the scale used to make the map?
Answer:About 1,012 Inches
Step-by-step explanation:
A spinner with repeated colors numbered from 1 to 8 is shown. Sections 1 and 8 are purple. Sections 2 and 3 are yellow. Sections 4, 5, and 6 are blue. Section 7 is red. Spinner divided evenly into eight sections with three colored blue, one red, two purple, and two yellow. Determine the theoretical probability of the spinner not landing on red, P. 0.125 0.250 0.675 0.875
The theoretical probability of the spinner not landing on red is 0.875.
How to determine the theoretical probability of the spinner not landing on redThe total number of sections on the spinner is 8, out of which only one section is red. Therefore, the probability of the spinner landing on red is:
P(Red) = 1/8
The probability of the spinner not landing on red would be the probability of landing on any other section, which is:
P(Not Red) = 1 - P(Red) = 1 - 1/8 = 7/8
Therefore, the theoretical probability of the spinner not landing on red is 7/8 or 0.875 in decimal form.
So, the correct answer is: 0.875.
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Answer:
D
Step-by-step explanation:
Find the area of the shaded region
The area of the shaded region which is a semi-circle is 157ft.
What is semi-circle?
In geometry, a semicircle can be defined as a half of a circle formed by cutting the circle into two halves. It is formed when a line or cut passes through the center and touches the two end positions of the circle and the line is called the diameter of the circle.
The shaded region is a semi- circle.
The radius is 10 ft.
The formula for the area of semi- circle is π×r²/2 where π= 3.14 and r is the radius.
So, the area of the semi- circle is {3.14× (10)²}/ 2
= 157 ft.
Hence, the area of the shaded region which is a semi-circle is 157ft.
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the applet is selecting random samples from the town's population this year. what do we assume is true about this population of babies?
When the applet selects random samples from the town's population of babies, we assume that the population is large enough and diverse enough to accurately represent the characteristics and traits of the entire population.
We assume that the selection of the random samples is unbiased and that every member of the population has an equal chance of being selected for the sample.
Based on your question, we are discussing random samples taken from a town's population of babies this year. When selecting random samples from this population, we assume the following:
1. The population of babies is well-defined and includes all babies born in the town within the specified year.
2. The random samples are representative of the entire population, meaning that each baby has an equal chance of being selected in the sample.
3. The samples are independent, meaning that the selection of one baby does not influence the selection of another.
These assumptions ensure that the results obtained from the random samples can be generalized to the entire population of babies in the town for this year.
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By assuming these conditions are met, we can perform statistical analyses on the random samples and make valid inferences about the entire population of babies in the town.
When an applet is selecting random samples from a town's population of babies this year, we typically assume the following about the population:
Independence:
Each baby selected in the sample is independent of the others, meaning that the outcome of one selection does not affect the outcome of another selection.
Randomness:
The applet chooses babies from the population in a random manner, ensuring that every baby has an equal chance of being selected.
Representativeness:
The random samples selected are representative of the entire population, meaning that the samples accurately reflect the characteristics of the town's population of babies as a whole.
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The Olympic record for the men's 50-meter freestyle is 21.91 seconds. Express this speed in meters per second
Answer:
50 meters/21.91 seconds = 2.282 m/sec
Phil is baking a pie with cranberries and apples. Apples cost $0.60/cup and cranberries cost $0.40/cup. Phil wants to spend no more than $4.20 on the fruit for his pie.
Question
What is an inequality that represents the combinations he can use?
Given this snippet of code, what is the value of x after executing the last statement? int x = 10, *y; y = &x; y = y + 1; *y = 100;
The value of x after executing the last statement is still 10.
After executing the last statement, the value of x is still 10. The snippet of code declares an integer variable x and a pointer variable y that points to the address of x. Then, y is incremented by 1 (which means it now points to the next memory location after x). Finally, the value 100 is assigned to the memory location pointed to by y, which is actually beyond the memory allocated for variable x. This can lead to unexpected behavior, but since the value of x is never modified directly, its value remains unchanged at 10.
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Solve for x. -7.6 -1.2 + X 0.5
PLEASE HELP DUE TODAY
Answer:
y=-1/12x+61/12
Step-by-step explanation:
y=-1/12x+61/12
tim wants his mean quiz score to be 90. his first 3 quiz scores were 86, 92, and 94. what score should he make on the 4th quiz in order to have a mean quiz score of exactly 90?
The score to be made on the 4th quiz in order to have a mean quiz score of exactly 90 is equal to 88.
Let us consider the score that Tim needs to get on his fourth quiz be x.
Score he needs to get in order to have a mean quiz score of 90,
Set up an equation using the formula for the mean ,
(mean score) = (sum of scores) / (number of scores)
If Tim wants his mean quiz score to be 90, then we have,
⇒ 90 = (86 + 92 + 94 + x) / 4
Multiplying both sides by 4, we get,
⇒360 = 86 + 92 + 94 + x
Simplifying this equation, we get,
⇒ x = 360 - 272
⇒ x = 88
Therefore, Tim needs to get a score of 88 on his fourth quiz in order to have a mean quiz score of exactly 90.
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You are going grocery shopping and want to spend less than $90. You have already bought $40 worth of
food and are wondering how many cartons of eggs you can get if they are each $4.49 each
Answer:
Total=$90
Used=$40
Left=($90-$40)=$50
1 carton = $4.49
$50÷$4.49
=11.135857 ≈ $11 10¢
Quadrilateral H'I'J'K' is a translation of quadrilateral HIJK. Write the translation rule. picture above
Since quadrilateral H'I'J'K' is a translation of quadrilateral HIJK, the translation rule include the following: (x, y) → (x - 8, y + 10).
What is a translation?In Mathematics, the translation of a graph to the left is a type of transformation that simply means subtracting a digit from the value on the x-coordinate of the pre-image while the translation of a graph to the right is a type of transformation that simply means adding a digit to the value on the x-coordinate of the pre-image.
By translating the pre-image of quadrilateral HIJK horizontally left by 8 units and vertically up by 10 units, the coordinate J of quadrilateral H'I'J'K' include the following:
(x, y) → (x - 8, y + 10)
J (8, -2) → (8 - 8, -2 + 10) = J' (0, 8).
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First person to help me on this will be rewarded plsss
The compound interest investment earns more interest than the simple interest investment, and the difference becomes more significant over time.
After 10 years, the difference is relatively small, but after 20 years, the compound interest investment has earned over $3,700 more than the simple interest investment.
What are the amounts after 10 and 20 years of the investment?To calculate the amount after 10 and 20 years, we can use the following formulas:
Simple Interest: A = P * (1 + r * t)
Compound Interest: A = P * (1 + r/n)^(n*t)
Where:
A is the amount after t yearsP is the principal amount (the initial investment)r is the annual interest rate (as a decimal)n is the number of times the interest is compounded per yeart is the time in yearsUsing these formulas and the information given in the table, we can calculate the amount after 10 years and 20 years for each type of investment.
For simple interest, the interest is not compounded, so we just add the interest to the principal:
Amount after 10 years: A = $50,000 * (1 + 0.0275 * 10) = $68,750
Amount after 20 years: A = $50,000 * (1 + 0.0275 * 20) = $87,500
For compound interest, we need to use the formula above with n=12 (since the interest is compounded monthly):
Amount after 10 years: A = $50,000 * (1 + 0.0275/12)^(12*10) = $68,704.23
Amount after 20 years: A = $50,000 * (1 + 0.0275/12)^(12*20) = $91,262.47
To compare the two investments, we can look at the difference between the amounts after 10 and 20 years:
Difference after 10 years: $68,750 - $68,704.23 = $45.77
Difference after 20 years: $87,500 - $91,262.47 = $3,762.47
Learn more about simple and compound interest at: https://brainly.com/question/2277782
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