Answer:
$755.80
Step-by-step explanation:
Determine the compound amount first and then subtract the principal from it, to find the amount of interest.
The compound amount formula is A = P (1 + r/n)^(nt), where
P is the initial principal, r is the interest rate as a decimal fraction, n is the number of compounding periods per year, and t is the number of years. Here, P = $2179; t = 5 yrs; r = 0.06; and n = 4 (quarterly compounding).
We get:
A = $2179(1 + 0.06/4)^(4*5), or $2179(1.015)^20, or $2179(1.347) = $2937.80.
The compound amount is $2934.80. Subtracting the $2179 principal results in the interest earned: $755.80.
First do inside the parenthesis first.
When dividing two exponents subtract them.
15-5 = 10
So w^15 / w^5 becomes w^10
Now you have (w^10)^4
Now multiply the exponents:
10 x 4 = 40
Final answer is w^40
Answer: x= 5
Step-by-step explanation: Distribute the -7 into the parentheses, we get 14x+63=133. You then minus 63 on the left side of the equation and on the right side of the equation. You will get 14x=70. You then solve x by dividing 70 by 14 you will get x=5.
Answer:
The objective of the confidence interval is to give a range in which the real mean of the population is placed, with a degree of confidence given by the level of significance.
The conclusion we can make is that there is 95% of probability that the mean of the population (professor's average salary) is within $99,881 and $171,172.
Step-by-step explanation:
This is a case in which, from a sample os size n=16, a confidence interval is constructed.
The objective of the confidence interval is to give a range in which the real mean of the population is placed, with a degree of confidence given by the level of significance. In this case, the probability that the real mean is within the interval is 95%.
