Answer:
Hi there
The formula is
A=p (1+r)^t
A future value
P present value
R interest rate
T time
A) A=2,000×(1+0.04)^(3)=2,249.728
B) A=2,000×(1+0.04)^(18)=4,051.63
C) 2500=2000 (1+0.04)^t
Solve for t
T=log(2,500÷2,000)÷log(1+0.04)
T=5.7 years
D) t=log(3,000÷2,000)÷log(1+0.04)
t=10.3 years
Hope it helps
Step-by-step explanation:
X+3y=3
First add subtract the x
3y=-x+3
Then divide 3
Y=-1/3x+1
Answer:

Step-by-step explanation:
The explicit formula for a geometric sequence:

- n-th term
- first term
- common ratio

We have

The common ratio:

<h2>It's not a geometric sequence.</h2>
If
then the common ratio is 
Put to the explicit formula:

Put
and solve for <em>n </em>:


Answer:
The 98% confidence interval for the mean purchases of all customers is ($37.40, $61.74).
Step-by-step explanation:
We have that to find our
level, that is the subtraction of 1 by the confidence interval divided by 2. So:

Now, we have to find z in the Ztable as such z has a pvalue of
.
So it is z with a pvalue of
, so 
Now, find M as such

In which
is the standard deviation of the population and n is the size of the sample.

The lower end of the interval is the mean subtracted by M. So it is 49.57 - 12.17 = $37.40.
The upper end of the interval is the mean added to M. So it is 49.57 + 12.17 = $61.74.
The 98% confidence interval for the mean purchases of all customers is ($37.40, $61.74).