Answer:
5.5%
Step-by-step explanation:
To solve this problem we can use a modified version of the simple interest formula which is shown below:

<em>I = interest amount</em>
<em>P = principal amount</em>
<em>t = time (years)</em>
<em />
The first step is to find the interest gained from the investment.

Next, plug in the values into the equation:
Multiply the bottom values
Divide the values

The last step is to convert 0.055 into a percent:

The interest rate is 5.5%
Answer:
The sample size required is at least 171
Step-by-step explanation:
We have that to find our
level, that is the subtraction of 1 by the confidence interval divided by 2. So:

Now, we have to find z in the Ztable as such z has a pvalue of
.
So it is z with a pvalue of
, so 
Now, find the margin of error M as such

In which
is the standard deviation of the population and n is the size of the sample.
What sample size is required?
A samle size of at least n is required, in which n is found when 
So






Rouding up
The sample size required is at least 171
Answer:
$5,875
Step-by-step explanation:
Interest = Principal x Time x Interest Rate
Interest = $5000 x 3.5 x 0.05
Interest = $875
Total Balance will be
$5000 + $875
= $5,875
in 3.5 years
Answer:nnjjj
Step-by-step explanation: