Answer:
79/120
Step-by-step explanation:
Answer:
You would have $343.37 at the end of the 2 years.
Step-by-step explanation:
Interest earned is like bonus money the bank pays you just for keeping money
P: the starting balance of the account (also called initial deposit, or principal)
A: the new balance in the account after N years.
t: the number of years or time
r: the interest rate, (in decimal form)
n: the number of times the interest is compounded each year.
Annually = each year = 1
P =$300, r = 7%, t = 2, n = 1, A = ?
Substitute the numbers into the "Compound Interest Formula".
So you would have $343.37 at the end of the 2 years.
Look at the chart
There is not enough evidence to support the administrator’s claim and the true mean is not significantly greater than 280.
<h3>What is a statistical hypothesis?</h3>
A hypothesis to test the given parameters requires that we determine if the mean score of the eighth graders is more than 283, thus:
The null hypothesis:
The alternative hypothesis:
From the population deviation, the Z test for the true mean can be computed as:
Z = 0.756
Note that, since we are carrying out a right-tailed test, the p-value for the test statistics is expressed as follows:
P(z > 0.756)
P = 0.225
Since the P-value is greater than the significance level at α = 0.14, we can conclude that there is not enough evidence to support the administrator’s claim and the true mean is not significantly greater than 280.
Learn more about hypothesis testing here:
brainly.com/question/16251072
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Try Mäthwáy it works pretty good