Answer:
4 days
Step-by-step explanation:
216/3 = 72
72/18 = 4
The account balance after 3 years if the interest is compounded continuously is $5,142.62
<h3>How to find compound interest?</h3>
- Principal, P = $4,700
- Time,t = 3 years
- Interest rate, r = 3%
r = 3/100
r = 0.03 rate per year,
A = Pe^rt
A = 4,700.00(2.71828)^(0.03)(3)
= 12,775.916^0.09
A = $5,142.62
Therefore, the account balance after 3 years if the interest is compounded continuously is $5,142.62
Learn more about compound interest:
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Answer: No, these results are not statistically significant because
p > 0.05
Step-by-step explanation:
The null hypothesis is
H0 : μ = 17
The alternative hypothesis is
H 1 : μ ≠ 17
where μ is the mean amount of cereal in each box.
The p value that he got is 0.1499. This is greater than alpha = 0.05 which is the given level of significance.
If the level of significance is lesser than the p value, we would accept the null hypothesis.
Therefore, the correct option is
No, these results are not statistically significant because p>0.05
A point estimate, I believe
