Answer:
Future value of annuity (FV) = $13,782.12 (Approx)
Step-by-step explanation:
Given:
Periodic payment p = $500
Interest rate r = 13% = 13%/4 = 0.0325 (Quarterly)
Number of period n = 5 x 4 = 20 quarter
Find:
Future value of annuity (FV)
Computation:
![Future\ value\ of\ annuity\ (FV)=p[\frac{(1+r)^n-1}{r} ] \\\\Future\ value\ of\ annuity\ (FV)=500[\frac{(1+0.0325)^{20}-1}{0.0325} ] \\\\Future\ value\ of\ annuity\ (FV)=13,782.1219 \\\\](https://tex.z-dn.net/?f=Future%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3Dp%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%20%5D%20%5C%5C%5C%5CFuture%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3D500%5B%5Cfrac%7B%281%2B0.0325%29%5E%7B20%7D-1%7D%7B0.0325%7D%20%5D%20%5C%5C%5C%5CFuture%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3D13%2C782.1219%20%5C%5C%5C%5C)
Future value of annuity (FV) = $13,782.12 (Approx)
So I think you have to find 11% of 24 and that is 11/100 x 24 = 2.64$. Then you reduce it to the real price 24-2.64= 21.36$ (the new prize). I might be completly wrong but I hope this helps
Answer:
(0.102, -0.062)
Step-by-step explanation:
sample size in 2018 = n1 = 216
sample size in 2017 = n2 = 200
number of people who went for another degree in 2018 = x1 = 54
number of people who went for another degree in 2017 = x2 = 46
p1 = x1/n1 = 0.25
p2 = x2/n2 = 0.23
At 95% confidence level, z critical = 1.96
now we have to solve for the confidence interval =
<h2>

</h2>

= 0.02 ± 1.96 * 0.042
= 0.02 + 0.082 = <u>0.102</u>
= 0.02 - 0.082 = <u>-0.062</u>
<u>There is 95% confidence that there is a difference that lies between - 0.062 and 0.102 on the proportion of students who continued their education in the years, 2017 and 2018.</u>
<u></u>
<u>There is no significant difference between the two.</u>
Answer:
The answer is none triangle
Step-by-step explanation:
we know that
The sum of internal angles of a triangle must be equal to
In this problem we have three angles, each measuring
so
The total sum of the three angles is equal to
therefore
The answer is none triangle