Answer: the value of her investment after 4 years is £8934.3
Step-by-step explanation:
The formula for determining compound interest is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount invested.
t represents the duration of the investment in years.
From the information given,
P = 8000
r = 2.8% = 2.8/100 = 0.028
n = 1 because it was compounded once in a year.
t = 4 years
Therefore,
A = 8000(1+0.028/1)^1 × 4
A = 8000(1+0.028)^4
A = 8000(1.028)^4
A = £8934.3 to the the nearest penny
Step-by-step explanation:
Below are the null and alternative Hypothesis,
Null Hypothesis, H0: μ = 35000
Alternative Hypothesis, Ha: μ < 35000
Test statistic,
z = (xbar - mu)/(sigma/sqrt(n))
z = (33450 - 35000)/(5978/sqrt(50))
z = -1.83
P-value Approach
P-value = 0.0336
As P-value >= 0.02, fail to reject null hypothesis.
There is not sufficient evidence to conclude that the average College tuition for a law degree costs at least thirty five thousand dollars.
Answer: ?=7
Explanation: Use pythagorean theorem
Answer: $0.04 per fluid ounce.
Step-by-step explanation:
Let's conver 2 quarts to ounces, as following:
You know that she buys a 2-quart bottle of juice (or 64 ounces) for $2.56, therefore, to find the unit rate of the cost of the juice you must divide $2.56 by 64 ounces.
Then, you obtain the following result:
( $0.04 per fluid ounce)
Hello from MrBillDoesMath!
Answer: (1/7) * ( 4 +\- sqrt(5) i)
where i = sqrt(-1)
Discussion:
The solutions of the quadratic equation ax^2 + bx + c = 0 are given by
x = ( -b +\- sqrt(b^2 - 4ac) )/2a.
The equation 7 x^2 + 3 = 8x can be rewritten as
7x^2 - 8x + 3 = 0.
Using a = 7, b = -8 and c = 3 in the quadratic formula gives:
x = (8 +\- sqrt ( (-8)^2 - 4*7*3) ) / (2*7)
= ( 8 +\- sqrt( 64 - 84)) /(2*7)
= ( 8 +\- sqrt( -20) ) / (2*7)
= ( 8 +\- sqrt( -20) ) / 14
= 8/14 +\- sqrt(5 *4 * -1) /14
= 4/7 +\- 2 sqrt(5) *i /14
As 2/14 = 1/7 in the second term
= 4/7 +\- sqrt(5) *i /7
Factor 1/7 from each term.
= (1/7) * ( 4 +\- sqrt(5) i)
Thank you,
MrB
