<u>Answer:</u>
The money will gavin have after 5 years is 1616.59$
<u>Explanation:</u>
We know that compound interest is given by

Where A = final amount
P = Principal amount = $1500 (given)
r = interest rate = 1.5% = 0.015
n = no. of times interest applied per time period = given quarterly = 4
t = time period = 5 years
So,


= 1616.59$ which is the money will gavin have after 5 years
Answer:
0.0445937
Step-by-step explanation:
-Given that the sample statistic has a mean of 406 grams, standard deviation of sq root(225) and the null statistic is 411 grams.
-Assuming normal distribution, the test statistic is calculated as:

-we then find the p-value of the test statistic from the z-tables:
P-value=0.0445937