Your answer is going to be fifteen plus r
Answer:
Option A earns higher interest($84115.58)
the difference in interest between the two option is $197.9
Step-by-step explanation:
In the problem we are going to apply both the simple interest formula and compound interest formula and compare which has the best/higher returns
Given data
Principal P= $43,000
Rate r= 6%= 0.06
time t= 3years
n= 4 (applicable for compound interest compounded quarterly)
solving for option A gives her 6% compounded quarterly
the compound interest formula is


Interest is
=$8411.58
solving for option B which gives her 6% simple interest annually
the simple interest formula is

Interest is
= $8213.68
calculating the diference in interest between the two options we have
= $197.9
Option A earns higher interest
Answer:
a) Option A)
b) Point estimate of difference = -78
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = $1,503
Sample mean,
= $1,425
Sample size, n = 25
Sample standard deviation, s = $160
We have to carry a hypothesis test that the mean annual premium in Pennsylvania is lower than the national mean annual premium.
a) First, we design the null and the alternate hypothesis
b) Point estimate of the difference between the mean annual premium in Pennsylvania and the national mean
Point estimate of difference =
Mean annual premium in Pennsylvania - National mean

Thus,
Point estimate of difference = -78
Answer:
5
Step-by-step explanation:
<em>35/7=5 </em>
Since both 3x and 6x have the variable x in it, we can just go ahead and add 3 and 6.
3x+6x=9x