It depends on if the interest rate of 6% is nominal or not. The question doesn't specify. Let's assume that is is a nominal rate, compounded monthly.
Start with 100000 = x * a angle 132 at .5% per month
This becomes 100000 = x * (1-1.005^-132)/.005
Which becomes (100000(.005))/(1 - 1.005^-132) = x
So x is the PMT, which is 1036.70.
Answer:
(a) H0:μ1=μ2; Ha:μ1≠μ2, which is a two-tailed test.
Step-by-step explanation:
We formulate the
H0: μ1=μ2; null hypothesis that the two means are equal and alternate hypothesis that the two mean are not equal.
Ha:μ1≠μ2 Two tailed test
Test statistic used is
t= x1`-x2` / s√n as the variances are equal and sample size is same
T value for 9 degrees of freedom for two tailed test at α = 0.05 is 2.26
P- value for t test for 9 degrees of freedom is 0.125 from the table.
Hence only a is correct .
Answer:
14000
Step-by-step explanation:
Of means multiply
10% * 140000
Change to decimal form
.10 * 140000
14000
