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babymother [125]
3 years ago
9

Andrew invested $20,000 in mutual funds and received a sum of $35,000 at the end of the investment period. Calculate the ROI.

Mathematics
1 answer:
mario62 [17]3 years ago
5 0
Answer: $15,000

As $35,000-$20,000=$15,000.

That's basically the profit he had made, or the return on his investment (ROI).

As he already had $20,000, he had "only" made $15,000.
You might be interested in
public accountant financial planner 50.2 48.0 59.8 49.2 57.3 53.1 59.2 55.9 53.2 51.9 56.0 53.6 49.9 49.7 58.5 53.9 56.0 52.8 51
ddd [48]

Using the formula of test statistic, the value of the test statistic is 2.6961.

The mean of the public accountant is

Mean x(p) =50.2+59.8+57.3+59.2+53.2+56.0+49.9+58.5+56.0+51.9/10

x(p) = 55.2

Now the standard deviation of public accountant is

SD(p) = √{∑(x-x(p))^2/n-1}

SD(p) = √(50.2-55.2)^2+(59.8-55.2)^2+..................+(51.9-55.2)^2/n-1

After solving;

SD(p) = 3.34

The mean of the financial planner is

Mean x(F) =48.0+49.2+53.1+55.9+51.9+53.6+49.7+53.9+52.8+48.9/10

x(F) = 51.6

Now the standard deviation of financial planner is

SD(F) = √{∑(x-x(p))^2/n-1}

SD(F) = √(48.0-51.6)^2+(49.2-51.6)^2+..................+(48.9-51.6)^2/n-1

After solving;

SD(F) = 2.57

Test Statistic (t) = \frac{x(P)-x(f)}{\sqrt{\left(\frac{(n(p)-1)s(p)^2+(n(f)-1)s(f)^2}{n(p)+n(f)-2}\left(\frac{1}{n(p)}+\frac{1}{n(f)}\right)\right)}}

t = \frac{55.2-51.61}{\sqrt{\left(\frac{(10-1)(3.34))^2+(10-1)(2.57)^2}{10+10-2}\left(\frac{1}{10}+\frac{1}{10}\right)\right)}}

After solving

t = 2.6961

Hence, the value of the test statistic is 2.6961.

To learn more about test statistic link is here

brainly.com/question/14128303

#SPJ4

The right question is

public accountant  50.2  59.8  57.3  59.2  53.2  56.0  49.9  58.5  56.0  51.9

financial planner   48.0  49.2  53.1   55.9  51.9   53.6  49.7  53.9 52.8  48.9

Use a 0.05 level of significance and test the hypothesis that there is no difference between the starting annual salaries of public accountants and financial planner

Find the value of the test statistic.

4 0
1 year ago
Expand the function f(x)=(3x+2)^4 with the binomial theorem, not factored
lozanna [386]

Step-by-step explanation:

Enter a problem...

Algebra Examples

Popular Problems

 

Algebra

 

Expand using the Binomial Theorem (3x+2)^4

(3x+2)4(3x+2)4

Use the binomial expansion theorem to find each term. The binomial theorem states (a+b)n=n∑k=0nCk⋅(an−kbk)(a+b)n=∑k=0n⁡nCk⋅(an-kbk).

4∑k=04!(4−k)!k!⋅(3x)4−k⋅(2)k∑k=04⁡4!(4-k)!k!⋅(3x)4-k⋅(2)k

Expand the summation.

4!(4−0)!0!⋅(3x)4−0⋅(2)0+4!(4−1)!1!⋅(3x)4−1⋅(2)+4!(4−2)!2!⋅(3x)4−2⋅(2)2+4!(4−3)!3!⋅(3x)4−3⋅(2)3+4!(4−4)!4!⋅(3x)4−4⋅(2)44!(4-0)!0!⋅(3x)4-0⋅(2)0+4!(4-1)!1!⋅(3x)4-1⋅(2)+4!(4-2)!2!⋅(3x)4-2⋅(2)2+4!(4-3)!3!⋅(3x)4-3⋅(2)3+4!(4-4)!4!⋅(3x)4-4⋅(2)4

Simplify the exponents for each term of the expansion.

1⋅(3x)4⋅(2)0+4

Hope this helps!

8 0
3 years ago
Read 2 more answers
An aquarium is leaking water at the rate of three quarts in 4 days.How many quarts are leaked in 1 week?How many days does it ta
Simora [160]

Answer:

\frac{21}{4} quarts

12 days

Step-by-step explanation:

Given that:

Amount of water leaked in 4 days = 3 quarts

To find:

Number of quarts leaked in 1 week?

Number of days taken for the leakage of 9 quarts of water?

Solution:

We can simply use unitary method or the ratio to find the answers of the questions asked in the statement.

As per question statement:

Amount of water leaked in 4 days = 3 quarts

Dividing by 4 on both sides:

Amount of water leaked in 1 day = \frac{3}{4} quarts

Multiplying by 7 on both sides:

Amount of water leaked in 7 days = \frac{3}{4}\times 7 = \frac{21}{4} quarts

Number of days taken for the leakage of 3 quarts = 4 days

Multiplying by 3 on both sides:

Number of days taken for the leakage of 3 \times 3 = 9 quarts = 4 \times 3 = <em>12 days</em>

6 0
3 years ago
The life in hours of a battery is known to be approximately normally distributed, with standard deviation σ = 1.25 hours. A rand
Papessa [141]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

6 0
3 years ago
What is the probability of getting this question correct? (Brainliest Answer will be given to the first correct response with a
butalik [34]
If a question has four possible answers, and you are strictly guessing regarding which of them is correct, then the chances of your choosing the correct one from the four is 1 in 4, or 0.25.
4 0
2 years ago
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