Answer:
Ordinary annuity
Step-by-step explanation:
Given : ABC Insurance offers an annuity with 4.5% APR for the next 5 years. You decide to invest $1000 each year into this account.
To find : What type of annuity is this?
Solution :
Annuity is the form of insurance in which some of the money is paid each year to secure for future.
There are two types of annuity:
Ordinary annuity - In this annuity the payment is made at the end of each period over a fixed length of time. Also in this annuity payments are made monthly, quarterly, semi-annually or annually.
Annuity due - is the opposite of ordinary annuity as in this the payment is made at the beginning of each period.
In the given situation the annuity is ordinary annuity because the investment is done each year for 5 years.
Answer:
#5 x=8, #6 x=5
Step-by-step explanation:
Theyre vertical so for number 5 you would have the equation
5x+15=55
-15 -15 from both sides
5x=40
divide by 5 from both sides and you get
x=8
Same thing vertical so you would have
16x+7=87
-7 -7 from both sides
16x=80
divide by 16 from both sides
x=5
Answer:
a. Chi-square test of independence
Step-by-step explanation:
The chi square statistics is also used to test the hypothesis about the independence of two variables each of which is classified into a number of categories or attributes.
In the given problem the Equal , more or less are the attributes.
The goodness of fit test is applicable when the cell probabilities depend upon the unknown parameters provided that the unknown parameters are replaced with their estimates and provided that one degree of freedom is deducted for each parameter estimated.
Hi there!
The correct answer is 6.25 times.
This is how you get there:
1) First off, you are going to need to have the same unit (either cm or mm). I used millimeters for this problem. 25cm=250mm
2) This next part is very easy to get wrong. You need to figure out what you are dividing, and by what. Simply look at the problem. <span><em>"How much longer is the guinea pig than her fish?" </em>This shows what numbers you should be getting. The guinea pig is 250mm long, where the fish is only 40. This means that her guinea pig should be larger. 250÷40=6.25
If you did this problem the other way, you would've ended up with .16. If you put the sizes into perspective, you will notice that this is highly unlikely.
I hope that I have been able to simplify this problem for you!
Brady
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The factors of the expression is 2and -3