Answer: as the sample size is approximately large, the margin of the error is 0.15
Step-by-step explanation:
(105^3) * (105^3).....keep the base and add the exponents
Answer:
29
Step-by-step explanation:
203/ 7 = 29
Answer:
7.87 years
Step-by-step explanation:
#First we determine the effective annual rate based on the 9% compounded semi annual;

#We then use this effective rate in the compound interest formula to solve for n. Given that the principal doubles after 2 yrs:

Hence, it takes 7.87 years for the principal amount to double.