Answer:
It will take 36.1 years for her money to reach $105,000.
Step-by-step explanation:
The amount of money earned after t years in continuous interest is given by:
In which P(0) is the initial investment and r is the interest rate, as a decimal.
Anna invests $7,000 in an account that compounds interest continuously and earns 7.5%.
This means that 
How long will it take for her money to reach $105,000?
This is t for which P(t) = 105000.
It will take 36.1 years for her money to reach $105,000.
Answer:
Should be B
Step-by-step explanation:
You have 3 boxes
Small is 1/2 of medium so .5x
Large is 2 times larger then medium so 2x
Then add
2.5x
Answer:
emma earns more per hour and per week too i know this b/c i did it already
Step-by-step explanation:
Answer: x<-12
Step-by-step explanation:
let x= the number
2x+9<-15
2x<-24
x<-12
Hope this helps!! :)
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Answer: a) α = 0.7927, b) at u=14.8, β = 0.99767, at u = 14.9, β= 0.2073
Step-by-step explanation: a) from the question, u= population mean = 15 and x= sample mean = 14.9
σ = population standard deviation = 0.5, n = sample size = 50.
We get the probability of committing a type 1 error by using the z score.
Z = x - u/(σ/√n)
Z = 14.9 - 15/(0.5/√50)
Z = - 0.1/0.0707
Z = - 1.41.
By checking the the probabilistic value attached to this z score using a standard normal distribution table whose area is to the left of the distribution, we have that
P(z=-1.41) = 0.7927.
Hence the probability of committing a type 1 error is 0.7927
b)
at x = 14.8 ( I let ua=x=14.8)
Z = x - u/(σ/√n)
Z = 14.8 - 15/(0.5/√50)
Z = - 0.2/ 0.0707
Z = - 2.83
Using the standard normal distribution table, we have that
P(z=-2.38) = 0.00233.
But α + β = 1
Where α= probability of committing a type 1 error
β = probability of committing a type 2 error.
β = 1 - α
β = 1 - 0.00233
β = 0.99767
At x = 14.9
Z = x - u/(σ/√n)
Z = 14.9 - 15/(0.5/√50)
Z = - 0.1/0.0707
Z = - 1.41.
P(z=-1.41) = 0.7927.
α = 0.7927.
But α + β = 1
β = 1 - 0.7927
β = 0.2073
