The answer in the given statement above is sample bias, this
is considered to be a sampling error because this type of technique uses a
sample in which they don’t represent the population, causing error in which
could be eliminated with the use of methods.
5700 is 5731 rounded to the nearest hundred
We are given
P = $754.43
r = 13.6% annual
for a.
A = 150
for b.
A = 300
First, change the interest into effective monthly
i = (1 + 0.136/12)^12 - 1
Solve for i
Next, use the general formula
A = P i ( 1 + i)^n / (1 + 1)^n - 1
Subsitute P, i, and A for a and b.
Then, solve for n for a and b.
First set up a proportion.
14/210 = x/27900
then divide 27900 by 210 which equals about 133
then multiply 14 by 133 which is 1862
your answer is 1862
