Answer:
960
Step-by-step explanation:
The simple interest formula is the following:
I = P*r*t
Where I is the interest generated after t years, P is the inicial value and r is the rate of interest.
In this case, we have that the inicial value is P = 4000, the rate of interest is r = 8% = 0.08 and the amount of time invested is t = 3 years.
So, the interest will be:
I = 4000*0.08*3 = 960
Answer:

Step-by-step explanation:
The margin of error is computed using the formula:

The critical of <em>z</em> for 95% confidence level and 90% confidence level are:

*Use a <em>z</em>-table.
The sample size is n = 44.
Compare the MOE for 95% confidence level and 90% confidence level as follows:

