Answer:
amount = 407 per month
Step-by-step explanation:
given data
future value = $5000
interest rate = 6% = = 0.015
time = 12 months = 4 compound per year
solution
we use here formula that is
amount = future value × .......................1
put here value and we get
amount = 5000 ×
amount = 1222 per quarter
or amount = 407 per month
Answer:
He can run 8 miles in one hour.
Step-by-step explanation:
We have,
Jose can run 1 1/3 miles in 1/6 of an hour.
We need to find how far he can run in one hour.
Now using unitary method,
or
So, he can run 8 miles in one hour.
Answer:
Confidence interval @ 90% = [0.5324 < p < 0.5656]
Step-by-step explanation:
We are given the following information:
Sample size (n) = 2430
Proportion of win (p) = 0.549
Proportion of loss (q) => 1-p = 0.451
By formula of confidence interval,
CI = p ± Z(90%) * ,
CI = 0.549±(1.645* ((0.549*(0.451))/2430))^(0.5)
CI = [0.5324 < p < 0.5656]