Answer:
1. L1 =
2. O2 =
Step-by-step explanation:
Given: x =
1. To make L1 the subject of formula;
x =
cross multiply to have;
L2 - L1 = xL1(O2 - O1)
collect like terms,
L2 = xL1(O2 - O1) + L1
factorize the right hand side;
L2 = L1[x(O2 - O1)]
L1 =
2. To make O2 the subject of formula;
x =
cross multiply to have;
L2 - L1 = xL1(O2 - O1)
open the bracket to have;
L2 - L1 = xL1O2 - xL1O1
⇒ xL1O2 = L2 - L1 + xL1O1
O2 =
=
Answer:
Step-by-step explanation:
we know that
The compound interest formula for this problem is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods in years
in this problem we have
substitute in the formula above
Answer:
b. The margin of error would decrease.
Step-by-step explanation:
Margin of error of a confidence interval:
The margin of error of a confidence interval has the following format:
In which z is related to the confidence level, is the standard deviation of the population and n is the size of the sample.
This means that the margin of error is inversely proportional to the size of the sample, which means that if the sample size increases, the margin of error decreases.
In this question, the sample size is increased, leading to a smaller margin of error. So the correct answer is given by option b.