The point estimate would be 2.25%.
Confidence intervals are centered around a point estimate; that is, the point estimate is in the very middle of the confidence interval. We can find the point estimate by averaging both ends of the confidence interval together:
(1.1+3.4)/2 = 2.25.
Let x be the amount of money, you fund in Fund A and y be the amount of mone yyou fund in Fund B.
1. You have 250,000 In an IRA at the time you retire and want to invest this money into Funds A and B, then

2. Fund A pays 1.2% (as a decimal 1.2% is 0.012) annually, then
is annual interest income in Fund A.
Fund B pays 6.2% (as a decimal 6.2% is 0.062) annually, then
is annual interest income in Fund B.
Since Fund A and Fund B produce an annual interest income of $8,000, then

3. Solve the system of equations:

Express x from first equation
and substitute it into the second equation

Multiply this equation by 1000:

Then

Answer: you have to fund $150,000 in Fund A and $100,000 in Fund B.
Answer:
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Step-by-step explanation:
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Let us convert the percentages to decimal format first.. so 5% is just 5/100 or 0.05 and 15% is just 15/100 or 0.15
so hmmm, so, let's say it needs "x" amount and "y" amount of each respectively, so, whatever "x" and "y" are, they must add up to 100, and whatever their concentration is, must add up to what the mixture yields
thus

solve for "x"
what's "y"? well, y = 100 - x
Answer:
D: 7
Step-by-step explanation:
1.75 (7) + 4.50
12.25 + 4.50
= 16.75
16.75 < 20