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brilliants [131]
3 years ago
5

Evan is going to invest in an account paying an interest rate of 6.1% compounded continuously. How much would Evan need to inves

t, to the nearest ten dollars, for the value of the account to reach $7,800 in 14 years?
Mathematics
1 answer:
Evgen [1.6K]3 years ago
8 0
P ≈ 46320 is the answer
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3 0
4 years ago
Can you help me with this
just olya [345]
Answer: $31.25

altogether she spends... 12.5×$4.50= $56.25

in total, she makes 5 beds ( 12.5÷2.5=5)

so she makes 5×$17.50= $87.50 from selling the beds.

however, $87.50-$56.25= $31.25
6 0
4 years ago
Read 2 more answers
A company's old antacid formula provided relief for 70% of the people who used it. The company tests a new formula to see if it
klemol [59]

Answer:

B)

No, we can only say there is 27% chance of seeing the observed effectiveness from natural sampling variation. There is no evidence the new formula is more effective but we cannot conclude equal effectiveness.

Step-by-step explanation:

Hello!

The company compared the old antiacid formula against the new one. The claim is that the new formula is more effective.

The hypotheses are

H₀: μ₁ ≤ μ₂

H₁: μ₁ > μ₂

Where the subfix 1 represents the new formula and the subfix 2 represents the old formula.

The statistical analysis threw a p-value of 0.27.

Remember if the p-value ≥ α, n the decision is to not reject the null hypothesis.

If p-value < α, the decision is to reject the null hypothesis.

Let's say α: 0.1 ⇒ you'd decide to not reject the null hypothesis.

Then there would not be enough evidence to say the new formula is better than the old one (μ₁ > μ₂) instead you'd conclude that the new formula is at most as effective as the old one (μ₁ ≤ μ₂). To know if it is equally effective as the old one or less effective a new test should be made.

In simple words, the p-value is the probability of obtaining the value of the statistic under the null hypothesis. In this case, there is a 27% of possibility of observing the effectiveness of the new antiacid formula from a sampling error than because the new antiacid formula is, in fact, effective.

I hope it helps!

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4 years ago
The angles in the diagram are supplementary
galina1969 [7]
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What is .016 as a percent
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When you convert .016 to a percent you get 1.6%
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