The Amount of investment equals $974.83.
The continuous compound interest helps to calculate an investment that are reinvested into the balance over a infinite number of periods.
- The formula for continuous compound interest is A=P^e^(r*t)
Amount of investment = $535 * e^(6%*10)
Amount of investment = $535 * 1.82211880039
Amount of investment = $974.833558209
Amount of investment = $974.83
Therefore, the Option B is correct since the Amount of investment equals $974.83.
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Based on the information given, it should be noted that a 95% confidence means we are at least 95% sure that the true value of proportion will lie in the interval.
<h3>
What does the confidence level mean?</h3>
When we repeat the sampling 100 times and draw a confidence Interval for each one of them, at least 95 confidence intervals will contain the true value of the proportion. This is what we mean by being 95% confident
Also, when we have a random sample of 5. It implies that the condition of randomness is met and they are independent as well. Since the sample size is very small, the condition of a large sample is not satisfied.
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Answer:
a hole from which liquid or gas escape
One major barrier to entry under pure monopoly arises from the cost of the infrastructure that would be needed for production.
<h3>What is meant by barriers to entry?</h3>
This is the term that is used to show that the market structure is very difficult to break into.
This means that there would be only very few sellers of that particular product in the market.
<h3>What is diseconomies of scale?</h3>
This term is used in economics to refer to the fact that a business or a firm would have grown to be so large in such a way that the costs per unit would have to rise.
This is the stage where the economies to scale is no longer working for this particular firm. The production of goods and services would rise so much as per the unit cost of each item.
Types of these are
- infrastructure diseconomies
- Pollution diseconomies
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C. Earth’s Southern Hemisphere is tilted closest toward the sun in June.
