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2 years ago

10

Mr Thompson plans to invest $7,500 in a savings account that earns 2.75% simple annual interest. If he makes no other deposits o

r withdrawals, how much money will Mr. Thompson's account be worth after 10 years

1 answer:

attashe74 [19]2 years ago

3 0

Mr.Thompson's account will be worth $9,562.50 after 10 years.

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Step-by-step explanation:

For this case a parameter represent the population data and for this case the parameter would be the true mean $\mu$ who represent the amount of gasoline they used in the previous week

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