17. Tiana deposited $500 into an
1 answer:
Answer:
In 50 years the amount will be $ 2000.
Step-by-step explanation:
Tiana deposited $500 into a account at 6 % simple interest per Year .
Therefore, Principal (P) is $500
Amount (Principal + Interest) = $2000
Interest (I) = $2000 - $500 = $1500
Rate percentage (R) = 6% per Year
Let, The time be T years
Now, I =
Or, T =
Or, T = (100×1500 ) ÷ ( 500× 6 )
<em> </em><em>∴ T = 50 Years</em>
You might be interested in
Answer:
The correct option is (i) I expect the confidence interval based on the sample of 64 data values to be more precise.
Step-by-step explanation:
Consider the provided information.
The sample size is inversely proportional to the standard error of the sample mean decreases.
As the size increase the standard error of the sample mean decreases.
Hence, for greater precision select the confidence interval based on the greater sample of data.
Therefore, we expect the confidence interval based on the sample of 64 data values to be more precise.
The correct option is (i) I expect the confidence interval based on the sample of 64 data values to be more precise.