Yes it was reasonable. I say it is resonable because if you multiply 44 times 25 it is 1,100 so the estimate was close enough
It is an easier and faster way to write an equation for the slope of a line if you already have its points and slope.
Answer:
(Total - Fee) / Months = $Price per Month
(685 - 85) / 24 = 25
Step-by-step explanation:
Answer:
$24,498,509.74
Step-by-step explanation:
The formula for the value as a function of time is ...
V(t) = P·e^(rt)
Filling in the numbers and doing the arithmetic, we have ...
V(35) = 3,000,000·e^(0.06·35) ≈ 24,498,509.74
Compounded continuously for 35 years, the investment will be worth $24,498,509.74.
Answer:
The sample size needed is 2401.
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of 
, and a confidence level of 
, we have the following confidence interval of proportions.
In which
z is the zscore that has a pvalue of 
.
The margin of error of the interval is:
95% confidence level
So 
, z is the value of Z that has a pvalue of 
, so 
.
Estimate the sample size needed if no estimate of p is available so that the confidence interval will have a margin of error of 0.02.
We have to find n, for which M = 0.02.
There is no estimate of p available, so we use 
The sample size needed is 2401.
