Answer: $1114.91
Step-by-step explanation:
The formula for compound interest is
Where
A = final amount
P = initial principal balance (1030 for this)
r = interest rate (0.04 for this)
n = number of times interest applied per time period (2 for this)
t = number of time periods elapsed (2 for this)
This rounds up to $1114.91
i hope this helps you......
Answer:
The standard deviation of the sampling distribution of sample means would be 0.8186.
Step-by-step explanation:
We are given that
Mean of population=23.2 pounds
Standard deviation of population=6.6 pounds
n=65
We have to find the standard deviation of the sampling distribution of sample means.
We know that standard deviation of the sampling distribution of sample means
=
Using the formula
The standard deviation of the sampling distribution of sample means
=
Hence, the standard deviation of the sampling distribution of sample means would be 0.8186.