Answer:
1.3
Step-by-step explanation:
it basically equals 130%
Answer:
Connor would have $83.37 more than Henry.
Step-by-step explanation:
Connor:
Initial investment= $8,000
Interest rate= 8.2% = 0.082/12= 0.00683
Number of periods= 12*5= 60 months
Henry:
Initial investment= $8,000
Interest rate= 8% = 0.08/365= 0.00022
Number of periods= 365*5= 1,825 days
<u>To calculate the future value, we need to use the following formula on each investment:</u>
FV= PV*(1+i)^n
Connor:
FV= 8,000*(1.00683^60)
FV= $12,035.35
Henry:
FV= 8,000*(1.00022^1,825)
FV= $11,951.98
Difference= 12,035.35 - 11,951.98= $83.37
Connor would have $83.37 more than Henry.
Answer:
D, 4
Step-by-step explanation:
The graph crosses the x-axis 4 different times
This system of equations has no solution, the 2 lines will never cross
Answer:
The minimum sample size that can be taken is of 14 dogs.
Step-by-step explanation:
The formula for calculating the minimum sample size to estimate a population mean is given by:

The <u>first step</u> is obtaining the values we're going to use to replace in the formula.
Since we want to be 95% confident,
.
Therefore we look for the critical value
.
Then we calculate the variance:

And we have that:

<u>Now</u> we replace in the formula with the values we've just obtained:

Therefore the minimum sample size that can be taken to guarantee that the sample mean is within 2 inches of the population mean is of 14 dogs.