Answer: number of years that it will take for the balance to reach $120,000 is 42 years
Step-by-step explanation:
Initial amount deposited into the account is $4000. This means that the principal is $4000
P = 4000
It was compounded annually. This means that it was compounded once in a year. So
n = 1
The rate at which the principal was compounded is 8.4%. So
r = 8.4/100 = 0.084
Let the number of years that it will take for the balance to reach $120,000. It means that it was compounded for a total of t years.
Amount, A at the end of t years is $120,000
The formula for compound interest is
A = P(1+r/n)^nt
120000 = 4000(1 + 0.084/1)^1×t
120000/4000 = 1.084^t
30 = 1.084^t
t = 42 years
Answer c=12 bellow is a step by step explanation hope it helps
Answer:
Step-by-step explanation:
H0: µ1 – µ2 = 0
HA: µ1 – µ2 ≠ 0
We have given,
The population variances are not known and cannot be assumed equal.
The test statistic for the test is
Where,
= sample meaan of population 1
= sample mean of population 2
= sample size of population 1
= sample size of population 2
Therefore, this is the test
Answer:
14 m
Step-by-step explanation:
For the triangle, you use the formula A=1/2bh. So in this case it's 3×4×1/2. 3×4 is 12, times 1/2 is 6 m. Now for the rectangle it's just 2×4 which is 8. 8+6 is 14. Hope this helps! If you are still confused please comment!
