Answer:
(11.242 ; 12.958)
Step-by-step explanation:
The confidence interval is obtained using the relation :
C. I = xbar ± Zcritical * s/√n
Given that ::
xbar = 12.1 ;
Standard deviation, s = 16.6
n = 1012
C. I = 12.1 ± 1.645 * (16.6/√1012)
C.I = 12.1 ± 0.8583881
C. I = 11.242 ; 12.958
Answer:
months
For x = 9, the number of months will be 96.83.
Step-by-step explanation:
Linda’s savings account has fallen below the $1,000 minimum balance required to receive interest. It is currently $871.43. The monthly fee charged by the bank for falling below the minimum is x dollars.
Now, the number of months it will take Linda's account to reach a zero balance will be given by
months. (Answer)
Now, if x = 9, then
months. (Answer)
Answer:
16x^4+96x^3y+216x^2 y^2+216xy^3+81y^4
9514 1404 393
Answer:
$3277.23
Step-by-step explanation:
The future value of the CD with interest at rate r compounded semiannually for t years will be given by ...
A = P(1 +r/2)^(2t)
where P is the principal value.
For the given rate and time, this is ...
A = $2000(1 +0.05/2)^(2·10) = $2000(1.025^20) ≈ $3277.23
The value of the CD at maturity will be $3277.23.