
Answer is A. The mean increases by 40.
Hope this helps. - M
Answer: if ur on usatestprep then its C
Step-by-step explanation:
This is a well known joke:
Why six afraid of seven? Because seven ate nine!
It is supposed to be a "word game" where instead of writing eight, the authour wrote ate, which sound the same but means something different.
Hope it helped,
Happy homework/ study/ exam!
Answer:
PV= $5,483.45
Step-by-step explanation:
Giving the following information:
Semiannual deposit= $450
i= 0.068/2= 0.034
Number of periods= 8*2= 16
<u>First, we need to calculate the future value using the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= semiannual deposit
FV= {450*[(1.034^16) - 1]} / 0.034
FV= $9,362.30
<u>Now, we can calculate the present value:</u>
PV= FV/(1+i)^n
PV= 9,362.30 / 1.034^16
PV= $5,483.45
Answer:
1) .8333 2) 2.6666 3) 2 4) 1.5
Step-by-step explanation:
I just used a calculator.