Answer:
The answer can be calculated by doing the following steps;
Step-by-step explanation:
Answer:
Sherry's Method of depositing $200 as a principal now with an interest at 4% compound at monthly will result in more money after two years.
Step-by-step explanation:
We use the Total Amount generated using compound interest formula to solve this question
Formula =
Total Amount(A) = P(1 + r/n)^nt
a) For Harrison
Principal = $200
Interest rate = 2% = 0.02
Time = 2 years
n = compounding quarterly = 4
A = P(1 + r/n)^nt
A = $2,000(1 + 0.02/4)^2×4
A = $2,000(0.005)^8
A = $ 2081.4140878
A = $ 2,081.41
b) For Sherry
Principal = $200
Interest rate = 4% = 0.04
Time = 2 years
n = compounding monthly = 4
A = P(1 + r/n)^nt
A = $2,000(1 + 0.04/12)^2×12
A = $2166.2859184
A = $ 2,166.29
The Total Amount for
Harrison = $ 2,081.41
Sherry = $ 2,166.29
Hence, from the above calculation, Sherry's Method of depositing $200 as a principal now with an interest at 4% compound at monthly will result in more money after two years.
Answer:
So, lets say the refridgerator started at 37 degrees F alright?
Step-by-step explanation:
37 - 4 = 33
33 + 2 = 35
35 - 7 = 28
28 - 1 = 27
27 + 3 = 30
30 + 1 = 31
So the final temurature at 2:00pm would be 31 degrees F
Hope this helped :)
Answer:
%50 if will be on heads twice
Step-by-step explanation:
Answer:
For this case we want to test if do men give higher monetary donations than women in the month of December (alternative hypothesis) and the complement should be the null hypothesis. So then the sytem of hypothesis are:
Null hypothesis:
Alternative hypothesis :
So then the best option would be:
d. Ha: mum -muw > 0
Step-by-step explanation:
Previous concepts
A hypothesis is defined as "a speculation or theory based on insufficient evidence that lends itself to further testing and experimentation. With further testing, a hypothesis can usually be proven true or false".
The null hypothesis is defined as "a hypothesis that says there is no statistical significance between the two variables in the hypothesis. It is the hypothesis that the researcher is trying to disprove".
The alternative hypothesis is "just the inverse, or opposite, of the null hypothesis. It is the hypothesis that researcher is trying to prove".
Solution to the problem
For this case we want to test if do men give higher monetary donations than women in the month of December (alternative hypothesis) and the complement should be the null hypothesis. So then the sytem of hypothesis are:
Null hypothesis:
Alternative hypothesis :
So then the best option would be:
d. Ha: mum -muw > 0