Estimation:
23 --> rounded to 20
71 --> rounded to 70
70 + 20 = 90. I rounded both numbers down so the exact sum must be only a little greater than my estimate.
Answer:
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $300
r = 10% = 10/100 = 0.1
n = 2 because it was compounded 2 times in a year(6 months).
t = 3 years
Therefore,
A = 300(1 + 0.1/2)^2 × 3
A = 300(1 + 0.05)^6
A = 300(1.05)^6
A = $402.03
Answer: A. (636.9, 653.1)
Step-by-step explanation:
Given : Sample size : n=56
Significance level :
Critical value :
Sample mean : 
Standard deviation : 
The 95% confidence interval for population mean is given by :-

Hence, 95% confidence interval for population mean is (636.9, 653.1).