Answer:
As the principal, interest rate, and compound periods increase, so does the future value of an investment. It doesn't matter if you are just putting some money into short-term, low rate savings accounts or CDs or long-term, higher return investments, compound interest will work for your benefit if you allow it.
Step-by-step explanation:
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To feed them to the animals
Answer:
Thirty-two percent of fish in a large lake are bass. Imagine scooping out a simple random sample of 15 fish from the lake and observing the sample proportion of bass. What is the standard deviation of the sampling distribution? Determine whether the 10% condition is met.
A. The standard deviation is 0.8795. The 10% condition is met because it is very likely there are more than 150 bass in the lake.
B. The standard deviation is 0.8795. The 10% condition is not met because there are less than 150 bass in the lake.
C. The standard deviation is 0.1204. The 10% condition is met because it is very likely there are more than 150 bass in the lake.
D. The standard deviation is 0.1204. The 10% condition is not met because there are less than 150 bass in the lake.
E. We are unable to determine the standard deviation because we do not know the sample mean. The 10% condition is met because it is very likely there are more than 150 bass in the lake
The answer is E.
Answer:
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Step-by-step explanation:
