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VladimirAG [237]

3 years ago

14

rhonda deposited $3000 in an account in the merrick national bank, earning 4.2% interest, compound annually. she made no deposit

s or withdrawls. write an equation that can be used to find b, her account balance after t years

1 answer:

Vinil7 [7]3 years ago

7 0

B= 3000+0.042x3000xT

(3000 dollars to begin with, plus 4.2% interest of that 3000 after t amount of years)

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Answer:

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Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of $\pi$ , and a confidence level of $1-\alpha$ , we have the following confidence interval of proportions.

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In which

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So $\alpha = 0.05$ , z is the value of Z that has a pvalue of $1 - \frac{0.05}{2} = 0.975$ , so $Z = 1.96$ .

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A sample size of n is needed, and n is found when M = E.

$M = z\sqrt{\frac{\pi(1-\pi)}{n}}$

$E = 1.96\sqrt{\frac{0.3696*0.6304}{n}}$

$E\sqrt{n} = 1.96\sqrt{0.3696*0.6304}$

$\sqrt{n} = \frac{1.96\sqrt{0.3696*0.6304}}{E}$

$(\sqrt{n})^2 = (\frac{1.96\sqrt{0.3696*0.6304}}{E})^2$

$n = (\frac{1.96\sqrt{0.3696*0.6304}}{E})^2$

A sample of $n = (\frac{1.96\sqrt{0.3696*0.6304}}{E})^2$ is needed, in which E is the desired margin of error, as a proportion. If we find a decimal value, we round up to the next whole number.

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Answer:

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