Answer:
Step-by-step explanation:
-10<x≤8
Based on the information, Christian would have $5525.5 of an annuity.
<h3>How to calculate the annuity?</h3>
According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12
Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of the annuity.
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Step-by-step explanation:
Nicole starts with the budget:
$395
Now, she only expects to pay half the deposit;
$72 ÷ 2 = $36
Subtract this from the budget:
$395 - $36 = $359
Divide by cost per hour:
$359 ÷ $60 = 5.983333... (3 repeating)
This means, Nicole can rent a <em>maximum</em><em> </em>of 5 hours with her budget. The inequality would be

Answer:
(-0.1059 ; - 0.0337)
Step-by-step explanation:
The data table is attached in the picture below:
These is a matched pair design ; which requires taking the difference of the two values for each sample :
The mean and standard deviation of the difference will be used to construct the confidence interval :
The mean of difference, dbar = Σx/n = - 0.0698
The standard deviation of difference, Sd ;
Sd = [√Σ(d - dbar)²/(n-1)] = 0.1054
n = sample size = 25
The confidence interval :
dbar ± [TCritical * Sd/√n]
Tcritical at 90% ; df = n -1 = 25 -1
Tcritical(90% , 24) = 1.1711
C.I = - 0.0698 ± (1.711 * 0.1054/√25)
C.I = - 0.0698 ± 0.0361
C.I = (-0.1059 ; - 0.0337)