First answer is -5.
Second answer is -1.
I = P x R x T
I = 6000 x .04 x 2
I = $480
He will be paid $480 interest in the first two years
Yes I’m going back to the sun yet I have a couple things that you
50% because you first subtract the original price from the new price so 126-84 equals 42 then you divide that by the original price 84 which will give you .5 which turns to 50%
To calculate the z-statistic, we must first calculate the
standard error.
Standard error is standard deviation divided by the square
root of the population. In this case, it is equal to 2.68.
The z-score is defined the distance from the sample to the
population mean in units of standard error.
z = (195 – 208)/2.68 = -4.86
