Answer:
845.6306
Step-by-step explanation:
Firstly this is annuity based
Let, investment at beginning of year = <em>x</em>
Then value at year 1 end = x + (8.2%
x)
Value at end of year 2 = (x + 0.082x) + (8.2%
(x + 0.082x))
Now this value = $990
Therefore,
990 = (x + 0.082x) + ((x + 0.082x)
8.2%)
990 = x + 0.082x + 0.082x + 0.006724x = 1.170724x
x = 990/1.170724 = 845.6306
Answer:
$0.4
Step-by-step explanation:
Unit cost = cost / number of items
Unit cost = 2/5
2 divided by 5
Answer:
y=27
Step-by-step explanation:
I disagree with the student because the slope is the rate of change. The slope would be 10 because the rocks are increasing by 10 every month.
Answer:
P-value ≈ 0.3463
Step-by-step explanation:
Hypothesis test would be
:p=0.20
:p>0.20
We need to calculate the z-score of sample proportion and then the corresponding P-value.
z-score can be calculated as:
z=
where
- p(s) is the sample proportion of specimens yield before the theoretical point (
)
- p is the proportion assumed under null hypothesis. (0.20)
- N is the sample size (40)
Using the numbers
z=
=0.3953
and the P-value is then P(z)≈0.3463