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Sati [7]
3 years ago
8

moana openes a savings account that has an annual simple interest rate of 4.5% if she open the account with $2300 how much will

be in the account at the end of six years
Mathematics
1 answer:
Jlenok [28]3 years ago
3 0
She will have $621 in interest and $2921 total.

2300 x 4.5% x 6 (or i=prt formula) then add 2300 to 621 to get your answer.
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Zina [86]

Answer:

0.0208<p<0.0592

Step-by-step explanation:

-Given the sample size is 400 and the desired proportion is 16.

-The confidence interval can be determined as follows:

CI=\hat p\pm z\sqrt{\frac{\hat p(1-\hat p}{n}}\\\\\hat p=x/n=16/400=0.04

#We the use this proportion to find the CI at 95%:

CI=0.04\pm 1.96\times \sqrt{\frac{0.04(1-0.04)}{400}}\\\\=0.04\pm 0.0192\\\\=[0.0208,0.0592]

Hence, the 95% confidence interval is 0.0208<p<0.0592

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Step-by-step explanation:

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2 years ago
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2 years ago
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