Answer:
Amount invested = $15,000 (Approx.)
Step-by-step explanation:
Given:
Amount of interest received = $6,159
Rate of interest = 3.5%
Number of year = 10 year
Find;
Amount invested
Computation:
Using compound interest formula
I = P[(1+r)ⁿ - 1]
6,159 = Amount invested[(1+3.5%)¹⁰ - 1]
6,159 = Amount invested[(1+0.035)¹⁰ - 1]
6,159 = Amount invested[(1.035)¹⁰ - 1]
Amount invested = $15,000 (Approx.)
Answer:
12-24+48-96 = -60
Choice B = -60
Step-by-step explanation:
<span>Null Hypothesis:µ equals 2.5Alternative Hypothesis:
µ not equal to 2.5
Z Test
Test Statistic, Ztest: -18.1912
Critical Zcritical: ±1.9607
P-Value: 0,0000
As Ztest is not within the limits of Zcritical we can reject the null hypothesis
95% Confidence interval:
2.495746 < µ < 2.496574</span>
Answer:
27,375.34
Step-by-step explanation:
I did 3 percent of 28,222 then subtracted it from 28,222
It would be 64 because 12 times 2 is 24 and 32 time 2 is 64
