Answer:
The approximate monthly rate of growth is 1.24%
Step-by-step explanation:
we have the future value formula
we have
----> annual interest rate
so
Find the approximate monthly rate of growth
Remember that
so
Divide the number of periods t by 12
Applying power rules property
Convert to percentage
therefore
The approximate monthly rate of growth is 1.24%
Answer:
35 homeruns
Step-by-step explanation:
583*0.06=349.8-->34.98-->35
Answer:
yes that is the correct answer
Missing Part of Question
Juice that is opened. It is known that the annual profits earned by health-drink franchises has a population standard deviation of $8,700
........
Answer:
z = 1.157
Step-by-step explanation:
Given
Annual profit as calculated = $90,300.
H0: μ = 89,000
Ha: μ > 89,000
σ = 8700
n = 60
Calculate the test statistic (z) that corresponds to the sample and hypotheses.
Test statistic (z) is calculated by
z = (x - μ)/(σ/√n)
Where x = 90,300
μ = 89,000
σ = 8700
n = 60
z = (90,300 - 89,000)/(8700/√60)
z = 1.157443298866584
z = 1.157 ----- Approximated
Answer:
The Great Barrier Reef is located in Australia.
