The formula for compounded interest is A = P (1+r/n)^nt.
P=580
r = .09
n = 1
t = 9
<span>
To find how much the balance is at the end of nine years, plug in all of the knows into the formula.</span>
A = 1259.698 is how much the balance will be. (Rounded to 1259.70 if you round to the nearest cent).

8 0

3 years ago

Researchers doing a study comparing time spent on social media and time spent on studying randomly sampled 200 students at a maj

Charra [1.4K]

Answer:

d. 0.0023

Step-by-step explanation:

Calculation for the probability of getting a sample average of 1.8 or less

Using this formula

z score =(X-mean)/Standard errror

Where,

Standard error =Standard deviation/√(n)

Let plug in the formula

P(Xbar<1.8)=P(Z<(1.8 hours per day -2.2 hours per day)/(2 hours /√(200))

P(Xbar<1.8)=P(Z<-0.4/(2/14.14))

=P(Z<-0.4/0.1414)

=P(Z<-2.83)

Now let find the Z score of P(Z<-2.83) using the z table

P=0.0023

Therefore the probability of getting a sample average of 1.8 or less is:0.0023

5 0

2 years ago