Answer:
the rate compounded semi-annually is compounded twice in a year. thus, this rate is higher than the rate compounded annually which is compounded once in a year
Step-by-step explanation:
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
For example, there are two banks
Bank A offers 10% rate with semi-annual compounding
Bank B offers 10% rate with annual compounding.
If you deposit $100, the amount you would have after 2 years in each bank is
A = 100x (1 + 0.1/2)^4 = 121.55
B = 100 x (1 + 0.1)^2 = 121
The interest in bank a is 0.55 higher than that in bank B
Solution for part A is where the red line and the red line meet, (2,-1)
solution for part B: any point on the blue red line is a solution. (2, -1), (0, 3), (3, -3), (-2, 7)
solution for part C is where the green curve and the blue line meet, (0,3)
37.68 is the correct answer
Answer:
Hence the degrees of freedom are associated with the critical value is 25.
Step-by-step explanation:
Using two independent samples, two population means are
compared to determine if a difference exists, the population standard deviation is equal.
sample size 1 =
= 15 and sample size 2 =
= 12
since, population standard deviations are equal, required degrees of freedom