last year, debra opened an investment account with $7600. At the end of the year, the amount in the account had increased by 29.
1 answer:
There are $9842 in her account at the end of last year.
Step-by-step explanation:
Given,
Amount in account = $7600
Increment by the end of year = 29.5%
Amount of increase = 29.5% of amount in account
Amount of increase =
Amount of increase = 0.295*7600 = $2242
The increase is $2242.
Amount after increase = 7600 + 2242 = $9842
There are $9842 in her account at the end of last year.
Keywords: percentage, division
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Answer:
The margin of error needed to create a 99% confidence interval estimate of the mean of the population is of 0.3547
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 the margin of error M as such
In which is the standard deviation of the population and n is the size of the sample.
In this question:
So
The margin of error needed to create a 99% confidence interval estimate of the mean of the population is of 0.3547