Answer:
After 11 years the value of the investment reaches $1500.00
.
Step-by-step explanation:
The formula used for finding time (when the value reaches certain amount) is:
where A= Future VAlue
P= Principal Value
r= rate of interest (in decimal)
n= no of times investment is compounded
t= time
Putting the values given and finding Time t,
A= $1500
P= $1200
r= 2% or 0.02
n= 4 (compound quarterly)
Dividing both sides by 1200 and solving 0.02/4 = 0.005
Since t is in power we take the logarithm ln on both sides.
The rule of logarithm says that the exponent can be multiplied with the base when taking log
9514 1404 393
Answer:
1 +i√3.5
Step-by-step explanation:
In vertex form, the equation is ...
2(x² -2x +1) +7 = 0
2(x -1)² +7 = 0
Then the solutions are ...
(x -1)² = -7/2
x = 1 ±i√3.5
One solution is 1+i√3.5.
I can help what are the problems
Answer:
It would be a rational number.
Step-by-step explanation:
An easy way to tell if a number is rational is by seeing if it can be put in fraction form. As you can see, 27/100 is a fraction, so it is rational.
Complete question :
According to the National Beer Wholesalers Association, U.S. consumers 21 years and older consumed 26.9 gallons of beer and cider per person during 2017. A distributor in Milwaukee believes that beer and cider consumption are higher in that city. A sample of consumers 21 years and older in Milwaukee will be taken, and the sample mean 2017 beer and cider consumption will be used to test the following null and alternative hypotheses:
H, :μ< 26.9
Ha : μ> 26.9
a. Assume the sample data led to rejection of the null hypothesis. What would be your conclusion about consumption of beer and cider in Milwaukee?
b. What is the Type I error in this situation? What are the consequences of making this error?
c. What is the Type II error in this situation? What are the consequences of making this error?
Answer:
Kindly check explanation
Step-by-step explanation:
Given the null and alternative hypothesis :
H0 :μ< 26.9
Ha : μ> 26.9
Assume the Null hypothesis is rejected ;
We conclude that there is significant evidence that the mean consumption of beer and cider is higher in the city (more than 26.9 gallons).
B.) Type 1 error is committed when the Null hypothesis is incorrectly rejected.
C.) Type 2 error is committed when we fail to reject a false null hypothesis. In this scenario, we fail to conclude that the average consumption of beer and cider is more than 26.9 gallons per person.
