Pamela is 6 years older than jiri. The sum of their ages is 74. What is jiri’s age?
2 answers:
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The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
Step-by-step explanation:
The given is,
Future value, F = $15,000
Interest, i = 5.9%
( compounded continuously )
Period, t = 12 years
Step:1
Formula to calculate the present with compounded continuously,
...............(1)
Substitute the values in equation (1) to find the P value,
( ∵
)
( ∵
)
We change the P (Present value) into the left side,
≅ 7389.43
P = $ 7389.43
Result:
The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
Answer:
We are 95% confident that the true proportion of TV audience is between 65.15% and 65.85%
Step-by-step explanation:
-From the given information, .
-We calculate the confidence interval using this value at 95% confidence level:
So, the 95% confidence interval is (0.6515,0.6585).
Hence, we are 95% confident that the true proportion of TV audience is between 65.15% and 65.85%.