5/9, is what it should be
John's effective annual rate is about
(1 +.0576/4)^4 -1 ≈ 5.8856%
According to the "rule of 72", John's money will have doubled in
72/5.8856 = 12.23 years
John's balance will be $4500 in 1989.
_____
Since you're only concerned with the year (not the month), you don't actually need to determine the effective annual rate. The given rate of 5.76% will tell you 72/5.76 = 12.5 years. The actual doubling time is closer to 12.12 years, so using the effective rate gives results that are closer, but "good enough" is good enough in this case.
Step-by-step explanation:
Breadth
=5/6
Length
=15/6
Area of rectangle = l x b
=5/6 x 15/6
=75/6
2
Here is the explanation: 2 (17x+2)
Answer:
The sample statistics follows a standard normal distribution since the sample size are large enough.
Step-by-step explanation:
Given that:
<u>First population:</u>
Sample size
= 49
Population standard deviation
= 3
Sample mean
= 10
<u>Second population:</u>
Sample size
= 64
Population standard deviation
= 4
Sample mean
= 12
The sample statistics follows a standard normal distribution since the sample size are large enough.
The null and alternative hypotheses can be computed as:


Level of significance = 0.01
Using the Z-test statistics;






Z = - 3.037
Z
- 3.04
The P-value = 2P (z < -3.04)
From the z tables
= 2 × (0.00118)
= 0.00236
Thus, since P-value is less than the level of significance, we fail to reject the null hypotheses 