Answer:
The sample required is
Step-by-step explanation:
From the question we are told that
The standard deviation is
The margin of error is
Given that the confidence level is 99% then the level of significance is mathematically evaluated as
Next we will obtain the critical value from the normal distribution table(reference math dot armstrong dot edu) , the value is
The sample size is mathematically represented as
substituting values
Answer:
The slope is -1/2 or -0.5
Hope this helps!
Replace each "x" in the original equation with (4):
3(4)^2 + 2(4) - 5
= 3(16) + 8 - 5 = 48 + 8 - 5. Can you finish this?
Answer: B. a savings account earns interest
Step-by-step explanation: Money loses value over time as the rate of inflation increases. In this scenario, when you have some money to spare, the ideal is to seek some kind of investment that earns interest.
Saving is one such option. The money in savings earns interest and is highly liquid, meaning it can be used at any time. In addition, saving is a very...
Answer:
$3,623.84 Exact answer without rounding | $3,623.85 ~ (Approximent Answer with rounding.)
Step-by-step explanation:
Compound Interest Has a Specific Formula:
This case is Exponential Growth.
Formula: y= ab^x
You need to set up the equation.
First we need to define the rate of growth meaning what do you have to do for the 6.5%.
You need to do 100% + 6.5% = 106.5%
You need to convert the percent to a decimal which will be 1.065
Now we need to start plugging things into our formula to solve.
Your initial Starting amount was $3000
So you need to have y=3000(b)^x
We now know that the rate of growth is 1.065 so the b would be 1.065
y=3000(1.065)^x
Our power to x is our 3.5 years.
Our Equation now:
y=3000(1.065)^3
Now you need to use a calculator to do this due to the amount of decimals and digits.
Remember pemdas when doing this!!!
The answer should result to $3,623.84 but if rounded then: $3,623.85