5 is the correct answer hope I helped
Answer:
The t distribution is used, because we have the standard deviation for the sample.
Step-by-step explanation:
When to use the z or the t distribution?
When we have the standard deviation for the population, we use the z distribution.
When we have the standard deviation for the sample, we use the t distribution.
In this question:
We have the standard deviation for the sample, which means that the t distribution is used.
Answer:
Amount she would have in 2 years at a simple interest of is
$5000 + ($5000 x 0.048 x 2) = $5480
Amount she would have in 2 years at a 4.1 % / year compounded semi- annually is :
$5000 x ( 1 +0.041/2)^4 = $5422.78
the first option yields a higher value in two years when compared with the second option. Thus, the first option is the best one to choose
Step-by-step explanation:
Future value with simple interest = principal + interest
Interest = principal x interest rate x time
0.048 x 5000 x 2 = 480
future value = $480 + 5000 = $5480
The formula for calculating future value with compounding:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
5000 x ( 1 + 0.041 / 2)^(2 x 2) = $5422.78
I am not certain of what you wrote for the function but will assume that is likely exponential function or quadratic function.
First, (quadratic function) To solve this, you must know the quadratic formula. The x-intercept is value(s) that has the output value(y) of 0.
If the vertex of the quadratic function of (0,0), there is only one x-intercept. The number and value of the x-intercept depends on the slope and vertical displacement.
Second, (exponential function) note that there is no x-intercept. For instance, if a is 2, is there such value y that 2^y is 0? The smallest exponential value that is an integer is 1. Even broadening the limit to rational numbers, no such exponential value can have the result of 0. Therefore, in the basic form of exponential function, there is no x-intercept.
