1.09 because all percents are divided by 100 to find the decimal
Answer:
The Money Invested At age 25 earns more because it earns more Interest As compare to The Money Invested At age 40.
Step-by-step explanation:
According To the Question,
- Given, A Person Invested $1,500 at Age of 25, With an 8% Per Annum Interest Rate.
Thus, The Money He will have at age of 65 would be, 
= 32586.78$ . Here The Interest Earn in 40 Year Is 31086.78$.
- And, the Same Person Invested $1,500 at Age of 40, With an 11% Per Annum Interest rate.
Thus, The Money He will have at age of 65 would be, 
= $20378.20 . Here The Interest Earn in 25 Years Is 18878.20$.
⇒ Now, it is understood that the same amount invested for different periods of time & with a different interest rate, Since The Amount who get more Interest Would earn More. hence, The Money Invested At age 25 earns more because it earns more Interest As compare to The Money Invested At age 40.
Answer:
w=-3
Step-by-step explanation:
-3+w=-6 = original problem
w=-6+3 = u add 3 because u have it was negative so if u bring it to the other side u have to make it positive
w=-3 = answer
Answer: y=-4x+11
Step-by-step explanation:
1. use formula y=mx+b
2. find the slope
3. plug in one of the points to find y int
Answer:
Step-by-step explanation:
Base on the scenario been described in the question, we can use the following method to solve the given problem
Test the claim at 5% level of significance.
0: − ≤ 0
: − > 0
Since the population standard deviations are known we can use z-distribution.
Test statistic is
=
√
1
2
1
+
2
2
2
=
4.5 − 4.1
√
1.58112
100 +
1
2
100
= 2.14.
Critical value for 5% level of significance:
zcrit = 1.645.
We reject the null hypothesis at 5% level of significance because the test statistic = 2.14 is bigger than
critical value zcrit= 1.645. There is evidence to conclude that students in the California state university
system take on average longer to graduate, than students enrolled in private universities.
