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damaskus [11]
3 years ago
6

8. Lucy deposited $1,000 into an account that earns 5% compound interest, compounded annually. How much interest will Lucy earn

after 10 years?​
Mathematics
1 answer:
Free_Kalibri [48]3 years ago
7 0

Answer:

5 dollars

Step-by-step explanation:

You might be interested in
A group of retired admirals, generals, and other senior military leaders, recently published a report, "Too Fat to Fight". The r
weqwewe [10]

Answer:

z=\frac{0.694 -0.75}{\sqrt{\frac{0.75(1-0.75)}{180}}}=-1.735  

p_v =P(z  

If we compare the p value obtained and the significance level given \alpha=0.05 we have p_v so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 5% of significance the proportion of americans between 17 to 24 that not qualify for the military is significantly less than 0.75 or 75% .  

Step-by-step explanation:

1) Data given and notation  

n=180 represent the random sample taken  

X=125 represent the number of americans between 17 to 24 that not qualify for the military

\hat p=\frac{125}{180}=0.694 estimated proportion of americans between 17 to 24 that not qualify for the military

p_o=0.75 is the value that we want to test  

\alpha=0.05 represent the significance level  

Confidence=95% or 0.95  

z would represent the statistic (variable of interest)  

p_v represent the p value (variable of interest)  

2) Concepts and formulas to use  

We need to conduct a hypothesis in order to test the claim that less than 75% of Americans between the ages of 17 to 24 do not qualify for the military :  

Null hypothesis: p\geq 0.75  

Alternative hypothesis:p < 0.75  

When we conduct a proportion test we need to use the z statistic, and the is given by:  

z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}} (1)  

The One-Sample Proportion Test is used to assess whether a population proportion \hat p is significantly different from a hypothesized value p_o.  

3) Calculate the statistic  

Since we have all the info requires we can replace in formula (1) like this:  

z=\frac{0.694 -0.75}{\sqrt{\frac{0.75(1-0.75)}{180}}}=-1.735  

4) Statistical decision  

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.  

The significance level provided \alpha=0.05. The next step would be calculate the p value for this test.  

Since is a left tailed test the p value would be:  

p_v =P(z  

If we compare the p value obtained and the significance level given \alpha=0.05 we have p_v so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 5% of significance the proportion of americans between 17 to 24 that not qualify for the military is significantly less than 0.75 or 75% .  

6 0
3 years ago
How do you do distributive property because I have a test tomorrow and it's like half my grade and I wasn't in school when they
BaLLatris [955]
Say you have the equation 5(5x+7)=155
First you multiply 5 by everything in the parenthesis so you get 25x+35=155 then subtract 35 from both sides and get 25x=120 then 120 divided by 25 equals 4.8 so x=4.8
4 0
3 years ago
CORRECT ANSWER ILL CASHAPP 5$
Sunny_sXe [5.5K]

Answer:

I answered this question previously on another post that was like this one. If this is correct you can text me at this number (301-232-7391) and i'll give you the cashapp so you can send me the 5 dollars :)

Step-by-step explanation:

5 0
3 years ago
Farmer Company purchased equipment on January 1, Year 1 for $82,000. The equipment is estimated to have a 5-year life and a salv
aalyn [17]

Answer:

option (a) $6,240

Step-by-step explanation:

Given:

Purchasing cost of the equipment = $82,000

Estimated life = 5 years

Salvage value = $4,000

Revised expected life = 8 years

Now,

Depreciation per year = \frac{\textup{82,000-4,000}}{\textup{5}}

therefore,

The accumulated Depreciation at the beginning of year 4

= Annual depreciation × years passed

= 15,600 × 3

= $46,800

Thus,

The book value at the beginning of year 4

= Purchasing cost - Depreciation

= $82,000 - $46,800

= $35,200

Now,

The remaining life = Revised estimated life - Years passed

= 8 - 3

= 5 years

therefore,

Depreciation expense =\frac{\textup{book value at the beginning of year 4 - salvage value}}{\textup{Revised estimated life}}

= \frac{\textup{35,200  - 4000}}{\textup{5}}

= $6,240

Hence,

The correct answer is option (a) $6,240

7 0
3 years ago
8 + z = 19. step equations
steposvetlana [31]

Answer:

11

Step-by-step explanation:

First subtract

19-8= Z

So solution would be

Z=11

7 0
3 years ago
Read 2 more answers
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