Assuming annual compounding, then:
FV=15000*(1+.035)^15
FV=15000*1.6753488307521611831782355996538
FV=$25130.23
At the end of 15 years, Tom should have $25130.23 in his account.
Answer: 25%
Step-by-step explanation:
16 000 - 12 000 = 4000
16 000 / 4000 = 4
100 / 4 = 25
Answer:
Option A) reject null hypothesis if z is greater than 1.645
Step-by-step explanation:
We are given the following in the question:
Sample size, n = 250
p = 30% = 0.3
Alpha, α = 0.05
Number of women belonging to union , x = 75
First, we design the null and the alternate hypothesis
This is a one-tailed(right) test.
Rejection Region:

So, the rejection region will be

That is we will reject the null hypothesis if the calculated z-statistic is greater than 1.645
Option A) reject null hypothesis if z is greater than 1.645