Answer:
The correct value is t* = 2.797.
Step-by-step explanation:
The first step to solve this problem is finding how many degrees of freedom, we have. This is the sample size subtracted by 1. So
df = 25 - 1 = 24
99% confidence interval
Now, we have to find a value of T, which is found looking at the t table, with 24 degrees of freedom(y-axis) and a two-tailed confidence level of . So we have T = 2.797.
Answer:
It will take 88.2 months to accumulate the amount
Step-by-step explanation:
Given;
Future value of money, FV = $25,000
investment per compound period, P = $200
interest rate, i = 0.75% x 12 = 9%
The number of monthly installments required to amount to FV is given by;
Therefore, it will take 88.2 months to accumulate the amount.
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Explanation:
The diagram is shown below. We know the vertical part of the triangle is 13 inches, which is the side opposite the reference angle 13 degrees. The adjacent side is unknown. We'll call it x. This is how long the base of the ramp is, which is the horizontal distance along the entire ramp. This distance is on the ground. The ramp itself is the hypotenuse but it seems like your teacher isn't wanting to know this value. So we'll ignore the hypotenuse.
We'll use the tangent rule to connect the opposite and adjacent sides.
tan(angle) = opposite/adjacent
tan(13) = 13/x
x*tan(13) = 13
x = 13/tan(13)
x = 56.309186365694
x = 56 inches is the approximate horizontal distance underneath the ramp
