Answer:
$293,562.707
Step-by-step explanation:
As for the provided details we know,
Janet needs $51,500 from end of 7th year for upcoming 20 years.
The present value of 20 installments of $51,500 shall be @ 6% from year 7 to year 8.0858
Thus total value = $51,500 
8.0858 = $416,418.7
Now the compound interest factor for 6 year @ 6 % = 1.4185
Thus, value to be invested today = $416,418.70/1.4185 = $293,562.707
As this when compounded annually will provide the balance as required at the end of 6 years.
Answer: i put the equation into a calculator so i’m not sure if this is the right answer!!
explanation:
Answer:
3,724 cubic inches
Step-by-step explanation:
All you have to do is multiply 19•14•14
Answer:
We reject the null hypothesis and accept the alternate hypothesis. Thus, it be concluded that the population mean is less than 20.
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = 60
Sample mean, 
= 19.5
Sample size, n = 60
Alpha, α = 0.05
Population standard deviation, σ = 1.8
First, we design the null and the alternate hypothesis
We use One-tailed z test to perform this hypothesis.
Formula:
Putting all the values, we have
Now, 
Since,
We reject the null hypothesis and accept the alternate hypothesis. Thus, it be concluded that the population mean is less than 20.
HOPE it helps!!!!!!!!!
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