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Marrrta [24]
3 years ago
15

A simple random sample of 60 items resulted in a sample mean of 76. The population standard deviation is 14.

Business
1 answer:
posledela3 years ago
5 0

Answer: (72.383,79.617)

Round to: (72.4,79.6)

Explanation:

Go to stat, calc, 8-Tinterval, and then just plug in the given information

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At a nominal interest rate of i i convertible semiannually, an investment of 1,000 immediately and 1,500 at the end of the first
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At a nominal interest rate of i i convertible semiannually, an investment of 1,000 immediately and 1,500 at the end of the first year will accumulate to 2,600 at the end of the second year. Calculate i i.
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As interest rates rise, _____.
brilliants [131]

B.it becomes more expensive to hold money as cash is the correct answer

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You put aside $300 a month in an account that returns 9% a year, compounded monthly. How long do you need to contribute to save
Anettt [7]

Answer:

36 years 4 months and 2 days

Explanation:

Data provided in the question:

Monthly payment = $300

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Now,

we know

Future value = Monthly payments × \left[ \frac{(1+i)^{n}-1}{i} \right]

or

1000000  = $300 × \left[ \frac{(1+0.0075)^{ }-1}{ 0.0075 }

or

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3333.33333 &= \frac{ 1.0075^{n} - 1}{ 0.0075}

1.0075^{n} - 1 &= 3333.33333 \times0.0075

or

1.0075ⁿ - 1 = 25

or

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or

n × ln( 1.0075 ) = ln(26)

or

n = [tex]\frac{ \ln (26) }{ \ln( 1.0075 ) }[tex]

or

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5 0
3 years ago
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When Castle Corporation pays insurance premiums, the transaction is recorded as a debit to prepaid insurance. Additional informa
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Answer:

$227,500

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We simply applied the above formula so that the correct amount of cash paid could come with respect to the insurance premium

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4 years ago
During December of Year 1, Nile Co. incurred special insurance costs but did not record these costs until payment was made durin
o-na [289]

Answer:

The omission of this entry understated accrued liabilites. given that the related inventory was sold in year 1, it aslo overstated net income and retained earnings by understating cost of goods sold,  the same effects would occur if the insurance costs were chargeable to expense as a period cost

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Rules specify that contingent liabilities should be recorded in the accounts when it is probable that the future event will occur and the amount of the liability can be reasonably estimated. This means that a loss would be recorded (debit) and a liability established (credit) in advance of the settlement.

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