We have been given that in an account an amount of 7,650 is invested at 9.15 percent compounded quarterly for 8 years and 6 months.
We will use compound interest formula to find our answer.
,
Where, P= principle amount, A= amount after T years, n= period of compounding and r = interest rate (decimal).
Let us substitute our given values in our formula.
Therefore, after 8 years and 6 months our amount will be 16505.497.
Answer:
A
Step-by-step explanation:
8% = .08 in decimal form
10 000 ( 1 + .08)^10 =
Answer:
p value from chi square = 0.081
Step-by-step explanation:
Given that sociologists say the percentage of the classic music lovers is about 5%. From the survey, we know that only 83 out of 2000 people listen to the classic music. Let denote the proportion of the classic music lovers. The hypotheses are H0: p=0.05 vs Ha: p≠0.05
p value = 0.09
Instead of this if we do chi square
H0: Proportion of music lovers is 5% and non music lovers is 95%
Ha: Proportions are not as per the estimate
(Two tailed chi square test)
Observed 83 1917 2000
Expected 100 1900 2000
O-E -17 17 0
chi square
(O-E)^2/E 2.89 0.1521 3.0421
df =1
p value from chi square = 0.081
Though p value is not exactly the same, the conclusion in both tests are the same
Answer:
6
Step-by-step explanation:
3x plus 12= 8x -18
subtract twelve on both sides:
3x= 8x- 30
minus 8x on both sides:
-5= -30
divide:6