We are given with the following:
Effective annual interest, i = 0.0425
Future worth, F = $25000
Number of years, n = 18
We use the formula to solve for the present worth of the money:
P = F / (1 + i)^n
P = 25000 / (1 + 0.0425)^18
P = 11818.73
The closest answer is:
<span>b.
$11,820</span>
Answer:x=(y-6)/3
Step-by-step explanation:
I solved it on paper so it's easier.
But good luck ! :)
Answer: Yes, This sample provide evidence that the length of time for baseball games is more than 170 minutes.
Step-by-step explanation:
Since we have given that
Mean length of the games = 179.83
Standard error = 3.75
We need to find the value of P(X>170).
So, it becomes,
Let
Since z is greater than z(critical value).
So,Yes, This sample provide evidence that the length of time for baseball games is more than 170 minutes.
Answer:
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