For this case we have the following equation:
P (t) = P (1 + r / n) ^ (n * t)
Where,
P: initial investment
r: interest
n: periods
t: time
she will take on her 45th birthday:
for t = 25:
P (25) = 1000 * (1 + 0.0165 / 4) ^ (4 * 25)
P (25) = 1509.31 $
Answer:
The future value of this investment when she takes her trip is:
P (25) = 1509.31 $
5 Erasers, 4:1 is equal to 20:5, if you just multiply both numbers by 5
Answer:
Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p. 16)n = 182, x = 135; 95 percent
✓ 16)n = 182, x = 135; 95 percent sample proportion: p-hat = 135/182 = 0.74 E = 1.96*sqrt[0.74*0.26/182] = 0.0637 95% CI: 0.74-0.0637 < p < …
<span>Divide 16 by 34, then move the decimal point two places to the left.
</span>
