Please help me solve this!!! V=1/3bh
2 answers:
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Answer:
It is VERY important to use the attached formula.
Years = ln (Total / Principal) / rate
Years = ln (6,000 / 2,000) / rate
Years = ln (3) / rate
Years = 1.0986122887 / .015
Years = 73.24 years
This takes a LONG time because the interest rate is extremely low.
Step-by-step explanation:
Answer:
The <em>p-</em>value of the test is 0.106.
The null hypothesis will be accepted at 5% level of significance.
Step-by-step explanation:
The hypothesis test is left-tailed.
The test statistic value is: <em>z</em> = -1.25.
The significance level of the test is: <em>α</em> = 0.05.
The <em>p</em>-value of a left-tailed hypothesis test is:
The <em>p-</em>value of the test is 0.106.
**Use the <em>z-</em>table for the probability.
<u>Decision rule:</u>
If the <em>p</em>-value is less than the significance level the null hypothesis will be rejected and if it is more than the significance level the null hypothesis will be accepted.
The <em>p</em>-value = 0.106 > <em>α</em> = 0.05.
The null hypothesis will be accepted at 5% level of significance.
