Answer:
FV= $22,536.5
Step-by-step explanation:
Giving the following information:
Growth rate (i)= 1% monthly
Present value (PV)= $20,000
Number of periods= 12 months
<u>To calculate how much will the employee earn after a year, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 20,000*1.01^12
FV= $22,536.5
A savings account is an example of a Short-term investment
Real estate is an example of a Long-term investment
A U.S. savings bond is an example of a Long-term investment
A 401(k) account is an example of a Long-term investment
It is correct just answered it.
Answer:
Answer in explanation.
Step-by-step explanation:
Lets take

as L1.
Take L2 the line perpendicular to L1.
Standard form of equation of line:
y=mx+c, where m = slope and c = y-intercept.
Since L1 and L2 are perpendicular,
mL1 x mL2 = -1
Substitute mL1 into the equation,
3/4 x mL2 = -1
mL2 = -1 ÷ 3/4
mL2 = -4/3
L2 : y = mx+ c
Substitute y = 6, x = 8 and m = -4/3 into the equation,

therefore L2:

Lets take L3 as the line parallel to L1.
Since L3 and L1 are parallel,
mL3 = mL1 = 3/4
equation of line: y = mx+c
substitute y = 6, x = 8 and m = 3/4 into equation.

therefore L3:

Let
X/Y--------> the ratio
we know that
X/Y units --------> are inches/yards
9 yards*(X/Y ) inches/yards-------> 9*X/Y yards*inches/yards----> 9*X/Y inches
the ratio in this problem is (X/Y inches /yards)-------> 36/1 inches/yards
the unit in the numerator of the ratio is inches
the answer is
inches
Answer:
Test statistic = 1.3471
P-value = 0.1993
Accept the null hypothesis.
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = 4
Sample mean,
= 4.8
Sample size, n = 15
Alpha, α = 0.05
Sample standard deviation, s = 2.3
First, we design the null and the alternate hypothesis
We use two-tailed t test to perform this hypothesis.
Formula:
Putting all the values, we have

Now, we calculate the p-value.
P-value = 0.1993
Since the p-value is greater than the significance level, we fail to reject the null hypothesis and accept it.